The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 17-23 September 2017, according to data from STR.
In comparison with the week of 18-24 September 2016, the industry reported the following:
- Occupancy: -0.4% to 79.0%
- Average daily rate (ADR): +1.5% to CAD165.38
- Revenue per available room (RevPAR): +1.1% to CAD130.68
Among the provinces, Nova Scotia posted the week’s only double-digit increase in RevPAR (+15.7% to CAD145.67), due primarily to the only double-digit rise in ADR (+13.2% to CAD164.56).
Manitoba experienced the largest rise in occupancy (+7.5% to 80.1%).
Overall, eight of the 11 reporting provinces experienced growth in RevPAR for the week.
Saskatchewan reported the largest decrease in RevPAR (-5.7% to CAD75.46), due to the largest drop in ADR (-5.2% to CAD119.56).
British Columbia experienced the largest decrease in occupancy (-4.1% to 82.7%).
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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