Article Summary: Canadian hotel occupancy decreased 3.6% to 66.1% during the first week of September, and despite a 0.2% ADR increase to 174.67 Canadian dollars ($132.20), RevPAR declined 3.4% to CA$115.39 ($87.33).
Canadian hotel occupancy decreased 3.6% to 66.1% during the first week of September, and despite a 0.2% ADR increase to 174.67 Canadian dollars ($132.20), RevPAR declined 3.4% to CA$115.39 ($87.33).
Primary Category: Weekly Data
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 1-7 September 2019, according to data from STR.
In comparison with the week of 2-8 September 2018, the industry reported the following:
• Occupancy: -3.6% to 66.1%
• Average daily rate (ADR): +0.2% to CAD174.67
• Revenue per available room (RevPAR): -3.4% to CAD115.39
Among the provinces and territories, British Columbia saw the largest jump in RevPAR (+2.7% to CAD156.12), due to the largest lift in ADR (+3.3% to CAD209.88).
Quebec posted the only other increases in ADR (+1.9% to CAD172.59) and RevPAR (+0.9% to CAD120.16).
None of the provinces or territories experienced an occupancy increase.
Prince Edward Island registered the only double-digit decline in occupancy (-20.9% to 68.3%), which resulted in the only double-digit decrease in RevPAR (-21.1% to CAD118.07).
Newfoundland and Labrador reported the largest drop in ADR (-4.5% to CAD131.62).
New Brunswick experienced the second-steepest decrease in occupancy (-8.8% to 60.3%).
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 65,000 hotels and 8.8 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.
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Headline: STR: Canada hotel results for week ending 7 September
Article Date: 9/12/2019
Article Time: 7:56:00 AM