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Hotel construction pipeline nears 48,000 rooms

Hotel development remains concentrated in major markets as Vancouver and Toronto continue to lead nation in construction activity
The 224-room Moxy Ottawa Downtown opened in late July 2026 (CoStar)
The 224-room Moxy Ottawa Downtown opened in late July 2026 (CoStar)
CoStar Analytics
August 19, 2026 | 8:30 P.M.

Canada's hotel development pipeline continues to grow as developers pursue numerous projects, particularly in the country's largest urban centers, even as many projects are advancing more slowly from concept to completion.

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