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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