HENDERSONVILLE, Tennessee—The Canadian hotel industry posted declines in all three key performance measurements during the week of 29 November-5 December, according to data from STR.
In year-over-year measurements, the industry’s occupancy decreased 5.4 percent to end the week at 55.8 percent. Average daily rate dropped 3.5 percent to finish the week at CAD$119.41. Revenue per available room for the week decreased 8.7 percent to finish at CAD$66.61.
Among the provinces, Newfoundland reported the largest occupancy increase, up 9.5 percent to 63.2 percent, followed by New Brunswick (+6.1 percent to 53.6 percent) and Prince Edward Island (+5.3 percent to 33.6 percent). Two provinces posted double-digit occupancy decreases: Saskatchewan (-13.8 percent to 70.1 percent) and Alberta (-11.1 percent to 59.4 percent).
Prince Edward Island experienced the only double-digit ADR increase, jumping 10.7 percent to CAD$76.68. Ontario reported the largest ADR decrease, falling 4.7 percent to CAD$118.48, followed by Alberta with a 4.1-percent decrease to CAD$132.58.
Two provinces posted double-digit RevPAR increases: Prince Edward Island (+16.5 percent to CAD$25.75) and Newfoundland (+13.3 percent to CAD$73.83). Four provinces experienced RevPAR decreases of more than 10 percent: Alberta (-14.8 percent to CAD$78.70); Saskatchewan (-12.2 percent to CAD$81.67); British Columbia (-11.6 percent to CAD$55.38); and Nova Scotia (-10.1 percent to CAD$51.73).
STR provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering North America, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC and HotelNewsNow.com. For more information, please visit www.str.com.
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