Market Report Canada

Positive Performance Metrics for Canadian Hotel Industry Week Ending 21 October 2017

The Canadian hotel industry reported occupancy rose 3.8% to 73.9% during the week of 15-21 October. ADR also increased 5.8% to 157.55 Canadian dollars ($123.02), which pushed RevPAR up 9.8% to CA$116.43 ($90.91).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 15-21 October 2017, according to data from STR.

In comparison with the week of 16-22 October 2016, the industry reported the following:

  • Occupancy: +3.8% to 73.9%
  • Average daily rate (ADR): +5.8% to CAD157.55
  • Revenue per available room (RevPAR): +9.8% to CAD116.43

Among the provinces, Newfoundland and Labrador posted the week’s highest increases in occupancy (+18.5% to 71.4%) and RevPAR (+23.9% to CAD105.43).

Two additional provinces reported double-digit growth in RevPAR: Ontario (+18.8% to CAD139.29) and Nova Scotia (+17.6% to CAD110.97).

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

Ontario posted the largest increase in ADR (+12.4% to CAD170.14).

Manitoba experienced the steepest declines in the three key performance metrics: occupancy (-4.8% to 80.4%), ADR (-9.1% to CAD125.55) and RevPAR (-13.5% to CAD100.98).

The Northwest Territories reported the only other decline in RevPAR (-6.1% to CAD100.64).

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.



Logos, product and company names mentioned are the property of their respective owners.

Request Information from this organization

Please click the link below to request more information from the organization or company featured in this article.

Request Information from STR