Market Report Canada

Positive Performance Metrics for Canadian Hotel Industry Week Ending 3 June 2017

During the week ending 3 June, the Canadian hotel industry reported occupancy rose 0.9% to 72.2%, ADR rose 7.4% to 158.95 Canadian dollars ($117.85) and RevPAR increased 8.3% to CA$114.71 ($85.05).

The Canadian hotel industry reported positive year-over-year results in the three key performance metrics during the week of 28 May through 3 June 2017, according to data from STR.

In comparison with the week of 29 May through 4 June 2016, the industry reported the following:

  • Occupancy: +0.9% to 72.2%
  • Average daily rate (ADR): +7.4% to CAD158.95
  • Revenue per available room (RevPAR): +8.3% to CAD114.71

Among the provinces, Ontario posted the largest year-over-year increase in RevPAR (+16.5% to CAD123.70), driven primarily by the week’s highest jump in ADR (+12.8% to CAD161.82). Occupancy in the province rose 3.3% to 76.4%.

Three additional provinces saw double-digit growth in RevPAR for the week: British Columbia (+15.8% to CAD144.83), Quebec (+11.9% to CAD132.96) and Nova Scotia (+11.9% to CAD115.17).

Quebec experienced the largest increase in occupancy (+5.1% to 78.9%).

Newfoundland and Labrador reported the steepest declines across the three key performance metrics. Occupancy fell 10.2% to 72.2%, ADR was down 7.0% to CAD148.93 and RevPAR dropped 16.5% to CAD107.52.

Two other provinces saw a double-digit decrease in RevPAR for the week: Saskatchewan (-12.3% to CAD67.71) and Alberta (-12.0% to CAD82.47).

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