HENDERSONVILLE, Tennessee—The Canadian hotel industry posted declines in all three key performance measurements during the week of 27 September - 3 October, according to data from STR.
In year-over-year measurements, the industry’s occupancy decreased 5.2 percent to end the week at 67.2 percent. Average daily rate dropped 4.3 percent to finish the week at CAD$128.27. Revenue per available room for the week decreased 9.3 percent to finish at CAD$86.14.
New Brunswick reported the largest occupancy increase among the provinces, up 6.0 percent to 69.3 percent, followed by Manitoba with a 3.4-percent increase to 75.7 percent. Alberta posted the only double-digit occupancy decrease, falling 15.2 percent to 63.0 percent.
Saskatchewan experienced the largest ADR increase, up 5.4 percent to CAD$117.88. Manitoba reported an ADR increase of 1.5 percent to CAD$109.62, followed by New Brunswick, coming in flat for the week with a 0.2-percent increase to CAD$113.98. Four markets posted ADR decreases of more than 5 percent: Alberta (-9.1 percent to CAD$133.51); Prince Edward Island (-7.7 percent to CAD$97.92); Quebec (-6.7 percent to CAD$141.37); and Nova Scotia (-6.2 percent to CAD$123.66).
New Brunswick (+6.2 percent to CAD$78.99) and Manitoba (+4.9 percent to CAD$83.00) were the only provinces to report increases in RevPAR for the week. Alberta experienced the largest RevPAR decrease, down 22.9 percent to CAD$84.05, followed by Quebec (-14.1 percent to CAD$97.27) and Nova Scotia (-13.6 percent to CAD$88.26).
About STR & STR Global:
For more than 20 years, Smith Travel Research, Inc. (STR) has been the recognized leader for hotel industry benchmarking and research. STR and STR Global offer monthly, weekly and daily STAR benchmarking reports to more than 38,000 hotel clients, representing over 5 million rooms worldwide. STR is headquartered in Hendersonville, Tennessee, and STR Global is based in London. For more information, visit www.strglobal.com or www.HotelNewsNow.com.
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