The Canadian hotel industry reported occupancy rose 6.3% to 60.9% during the week of 31 March through 6 April, according to STR.
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 31 March through 6 April 2019, according to data from STR.
In comparison with the week of 1-7 April 2018, the industry reported the following:
• Occupancy: +6.3% to 60.9%
• Average daily rate (ADR): +5.9% to CAD150.81
• Revenue per available room (RevPAR): +12.6% to CAD91.87
Among the provinces and territories, Nova Scotia reported the largest jump in RevPAR (+33.8% to CAD84.46), due primarily to the highest rise in occupancy (+28.7% to 63.4%).
Ontario posted the only double-digit lift in ADR (+11.2% to CAD161.27).
Quebec experienced the only other double-digit increase in occupancy (+12.2% to 59.9%) as well as the second-largest increase in RevPAR (+21.2% to CAD92.13).
The Northwest Territories saw the steepest declines in occupancy (-12.7% to 46.3%) and RevPAR (-14.2% to CAD76.76).
Newfoundland and Labrador posted the largest drop in ADR (-5.8% to CAD119.73) and the second-largest decrease in RevPAR (-9.1% to CAD54.33).
Additional Performance Data
Are you a member of the media looking for performance data for a hotel market not included in this release? STR’s sample comprises more than 63,000 hotels and 8.6 million hotel rooms around the globe. Please refer to the contacts listed below for additional data requests.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.
North America Media Contacts:
+1 (615) 824-8664 ext. 3305
+1 (615) 824-8664 ext. 3500
The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at email@example.com.