The construction of a new hotel adjacent to the terminal building at Halifax Stanfield International Airport has gone from being delayed to grounded.

The 175-room Sheraton hotel was initially scheduled to open sometime this year, but early in 2009 the Halifax International Airport Authority, through its construction partners, agreed on an “abeyance period” of up to 12 months due to current economic conditions.

That agreement ends Sunday, and yesterday HIAA announced it has decided to “forego development of a new hotel at the airport in the short term, with the option to reactivate the project at some point in the future.”

Tom Ruth, president and CEO of HIAA, said in a release the reason is slower-than-expected recovery from the recession.

“There are still too many variables at play to allow us to move forward at this time,” he said in the release, adding “our desire to provide an on-site hotel ... remains undiminished.”