Market Report Canada

Positive Performance Metrics for Canadian Hotel Industry Week Ending 16 September 2017

During the week of 10-16 September 2017, the Canadian hotel industry reported occupancy increased just 0.8% to 78.9%, while a 2.9% ADR lift to 169.40 Canadian dollars ($137.13) pushed RevPAR up 3.7% to CA$133.71 ($108.25).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 10-16 September 2017, according to data from STR.

In comparison with the week of 11-17 September 2016, the industry reported the following:

  • Occupancy: +0.8% to 78.9%
  • Average daily rate (ADR): +2.9% to CAD169.40
  • Revenue per available room (RevPAR): +3.7% to CAD133.71

Among the provinces, Manitoba experienced the week’s largest increase in RevPAR (+20.1% to CAD102.54), due primarily to the only double-digit rise in occupancy (+18.4% to 82.6%).

Nova Scotia posted the only double-digit lift in ADR (+11.1 to CAD165.69) and the only other double-digit jump in RevPAR (+10.0% to CAD146.78).

Overall, nine of the 11 reporting provinces experienced growth in RevPAR for the week.

Saskatchewan reported the largest decrease in RevPAR (-4.4% to CAD73.65), due to the largest drop in ADR (-4.8% to CAD119.60).

Prince Edward Island experienced the largest decrease in occupancy (-4.4% to 91.9%).

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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