STR: Canada hotel results for week ending 13 May
 
STR: Canada hotel results for week ending 13 May
18 MAY 2017 7:39 AM

During the week of 7-13 May, the Canadian hotel industry reported occupancy decreased 1% to 67.1%, ADR rose 6.3% to 154.27 Canadian dollars ($113.03) and RevPAR increased 5.3% to CA$103.55 ($75.87).

HENDERSONVILLE, Tennessee—The Canadian hotel industry reported mixed results in the three key performance metrics during the week of 7-13 May 2017, according to data from STR.

In comparison with the week of 8-14 May 2016, the industry reported the following:

  • Occupancy: -1.0% to 67.1%
  • Average daily rate (ADR): +6.3% to CAD154.27
  • Revenue per available room (RevPAR): +5.3% to CAD103.55

Among the provinces, Prince Edward Island posted the largest year-over-year increases across the three key performance metrics. Occupancy in the province rose 29.5% to 58.5%, ADR was up 11.0% to CAD133.08, and RevPAR grew 43.7% to CAD77.85.

Three additional provinces saw a double-digit lift in RevPAR for the week: Nova Scotia (+23.8% to CAD104.16), Newfoundland and Labrador (+13.1% to CAD100.87) and Ontario (+11.4% to CAD117.85).

Saskatchewan reported the steepest decline in RevPAR (-14.7% to CAD62.23) due to the week’s only decrease in ADR (-6.3% to CAD119.43) and second-largest drop in occupancy (-8.9% to 52.1%).

Alberta experienced the only double-digit decrease in occupancy (-13.3% to 52.9%).

North America Media Contacts:

Jeff Higley
VP, Digital Media & Communications
jhigley@str.com
+1 (615) 824-8664 ext. 3318

Nick Minerd
Public Relations Manager
nminerd@str.com
+1 (615) 824-8664 ext. 3305

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 sricca@hotelnewsnow.com.

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.