According to the June 2014 STR Pipeline Report, Canada's hotel development pipeline comprises 227 projects totaling 24,262 rooms. This represents a 3.4-percent decrease in the number of rooms under contract compared with June 2013.
Among the chain scale segments, three segments reported increases in rooms under contract: the upper midscale segment (+12.1 percent with 7,459 rooms); the economy segment (+5.8 percent with 1,041 rooms); and the midscale segment (+1.6 percent with 947 rooms). The luxury segment reported the largest decrease in rooms under contract, falling 63.0 percent with 147 rooms.
The economy segment jumped 129.6 percent in rooms under construction with 388 rooms, reporting the largest increase in that metric, followed by the upper midscale segment (+75.7 percent with 3,295 rooms) and the midscale segment (+66.7 percent with 100 rooms).
What could be better for Dad - and for you, if you're a Dad! - than a genuine getaway from the daily routine of working, paying bills, meetings, trying to squeeze a lot of life into a little free time, etc., etc., etc.?
Mother's Day is one of our most beloved holidays here in America. Almost everyone in the country takes a day off to honor our mothers, and all they do for us. So it only makes sense that on this special day, Mom shouldn't have to do anything.
According to a new U.S. second-home survey by the National Association of Realtors, last year's strongest pace of existing home sales in a decade included a sizeable drop in activity from vacation buyers and a jump from individual investors.