Market Report Canada

Positive Performance Metrics for Canadian Hotel Industry Week Ending 30 September 2017

During the week of 24-30 September 2017, Canada's hotel industry reported occupancy rose 2.8% year-over-year to 78.6%, and a 5.5% ADR increase to 167.12 Canadian dollars ($133.25) pushed RevPAR up 8.5% to CA$131.33 ($104.71).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 24-30 September 2017, according to data from STR.

In comparison with the week of 25 September through 1 October 2016, the industry reported the following:

  • Occupancy: +2.8% to 78.6%
  • Average daily rate (ADR): +5.5% to CAD167.12
  • Revenue per available room (RevPAR): +8.5% to CAD131.33

Among the provinces, British Columbia posted the week’s highest increase in RevPAR (+15.2% to CAD155.26), due primarily to the only double-digit rise in ADR (+11.4% to CAD190.97).

Three additional provinces reported double-digit growth in RevPAR: Nova Scotia (+13.9% to CAD137.78), Ontario (+11.2% to CAD142.33) and New Brunswick (+10.1% to CAD95.75).

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

Newfoundland and Labrador experienced the largest rise in occupancy (+6.1% to 82.8%).

Quebec reported the largest decline in RevPAR (-2.8% to CAD155.32), due to the largest drop in occupancy (-4.0% to 85.4%).

Saskatchewan experienced the largest decrease in ADR (-3.2% to CAD119.66).

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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