The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 16-22 September 2018, according to data from STR.
In comparison with the week of 17-23 September 2017, the industry reported the following:
• Occupancy: +0.9% to 79.7%
• Average daily rate (ADR): +4.8% to CAD174.16
• Revenue per available room (RevPAR): +5.8% to CAD138.83
Among the provinces and territories, British Columbia reported the only double-digit increases in ADR (+12.0% to CAD208.64) and RevPAR (+15.5% to CAD178.02). The market also experienced the highest rise in occupancy (+3.1% to 85.3%).
Quebec saw the second-largest jump in RevPAR (+6.3% to CAD155.46).
Ontario registered the third-largest increase in RevPAR (+6.1% to CAD150.01), due primarily to the second-largest lift in ADR (+5.6% to CAD176.57).
Overall, eight of the 11 reporting provinces and territories reported an increase in RevPAR.
Alberta posted the largest decreases in ADR (-5.1% to CAD152.34) and RevPAR (-5.9% to CAD98.35).
The Northwest Territories experienced the steepest decline in occupancy (-3.7% to 94.7%).
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.
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