The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 2-8 July 2017, according to data from STR.
In comparison with the week of 3-9 July 2016, the industry reported the following:
- Occupancy: -1.7% to 73.1%
- Average daily rate (ADR): +5.9% to CAD170.41
- Revenue per available room (RevPAR): +4.1% to CAD124.65
Among the provinces, Nova Scotia experienced the largest year-over-year increases in ADR (+12.5% to CAD154.75) and RevPAR (+18.4% to CAD127.36). Occupancy in the province was up 5.2% to 82.3%.
New Brunswick posted the week’s largest rise in occupancy (+7.2% to 80.1%) and the second-highest lift in RevPAR (+13.5% to CAD108.94).
Prince Edward Island reported the only double-digit declines in occupancy (-13.5% to 82.3%) and RevPAR (-12.1% to CAD152.19). ADR in the province was up 1.7% to CAD184.83.
Saskatchewan reported the week’s largest drop in ADR (-3.7% to CAD116.06).
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.
Logos, product and company names mentioned are the property of their respective owners.
Request Information from this organization
Please click the link below to request more information from the organization or company featured in this article.