The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 9-15 July 2017, according to data from STR.
In comparison with the week of 10-16 July 2016, the industry reported the following:
- Occupancy: +0.1% to 79.2%
- Average daily rate (ADR): +1.3% to CAD172.67
- Revenue per available room (RevPAR): +1.3% to CAD136.79
Among the provinces, Nova Scotia experienced the largest year-over-year increases in ADR (+12.7% to CAD159.18) and RevPAR (+24.3% to CAD142.95). Occupancy growth in the province was the second highest overall (+10.2% to 89.8%).
Manitoba posted the week’s largest rise in occupancy (+11.3% to 74.8%).
Newfoundland and Labrador reported the steepest declines in occupancy (-3.6% to 79.6%) and RevPAR (-8.1% to CAD122.93).
Saskatchewan reported the week’s largest drop in ADR (-5.8% to CAD114.81).
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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