The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 11-17 June 2017, according to data from STR.
In comparison with the week of 12-18 June 2016, the industry reported the following:
- Occupancy: +1.0% to 74.6%
- Average daily rate (ADR): +5.3% to CAD166.18
- Revenue per available room (RevPAR): +6.3% to CAD124.02
Among the provinces, Ontario registered the week’s only double-digit increase in RevPAR (+16.0% to CAD128.54), driven primarily by the only double-digit lift in ADR (+12.5% to CAD163.33). Occupancy in the market was up 3.1% to 78.7%.
Manitoba saw the only double-digit increase in occupancy (+10.6% to 83.0%).
Saskatchewan reported the steepest decline in RevPAR (-20.6% to CAD68.74), due mainly to the week’s only double-digit decrease in ADR (-12.1% to CAD119.84).
Newfoundland and Labrador experienced the only double-digit drop in occupancy (-10.1% to 75.1%) and the second-largest decrease in RevPAR (-15.3% to CAD117.16).
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.
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