The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 3-9 November 2019, according to data from STR.
In comparison with the week of 4-10 November 2018, the industry reported the following:
• Occupancy: -1.7% to 64.7%
• Average daily rate (ADR): +0.6% to CAD150.54
• Revenue per available room (RevPAR): -1.1% to CAD97.37
Among the provinces and territories, Quebec registered the highest increase in RevPAR (+7.8% to CAD111.67).
Newfoundland and Labrador experienced the only double-digit rise in occupancy (+10.2% to 56.4%), but the largest drop in ADR (-3.4% to CAD123.97).
Manitoba posted the highest lift in ADR (+3.5% to CAD128.40).
New Brunswick registered the steepest decline in occupancy (-9.8% to 59.1%), which resulted in the largest decrease in RevPAR (-9.7% to CAD71.87).
Alberta saw the second-largest drop in RevPAR (-5.1% to CAD74.17).
British Columbia reported the second-steepest decrease in occupancy (-4.4% to 61.7%).
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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