Canadian hotel occupancy fell 1.2% to 58.4%, ADR increased 1.5% to 147.89 Canadian dollars ($112.26) and RevPAR rose 0.3% to CA$86.42 ($65.60) during the week of 27 October through 2 November.
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 27 October through 2 November 2019, according to data from STR.
In comparison with the week of 28 October through 3 November 2018, the industry reported the following:
- Occupancy: -1.2% to 58.4%
- Average daily rate (ADR): +1.5% to CAD147.89
- Revenue per available room (RevPAR): +0.3% to CAD86.42
Among the provinces and territories, Quebec saw the largest jump in RevPAR (+8.9% to CAD101.53), driven by the highest rise in occupancy (+5.5% to 63.4%).
Manitoba posted the largest lift in ADR (+3.3% to CAD123.87).
Newfoundland and Labrador registered the steepest declines in ADR (-8.1% to CAD122.50) and RevPAR (-17.0% to CAD55.94).
New Brunswick experienced the only double-digit drop in occupancy (-11.7% to 49.5%), which resulted in the second-largest decrease in RevPAR (-12.5% to CAD59.16).
Additional Performance Data
STR’s world-leading hotel performance sample comprises 66,000 properties and 8.9 million rooms around the globe. Members of the media should 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:
Senior Director, Communications
+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 Editorial Director Stephanie Ricca at firstname.lastname@example.org.