Market Report Canada

Mixed Performance Metrics for Canadian Hotel Industry Week Ending 23 September 2017

During the week of 17-23 September 2017, the Canadian hotel industry reported occupancy dipped 0.4% to 79%, but a 1.5% ADR increase to 165.38 Canadian dollars ($132.72) drove RevPAR up 1.1% to CA$130.68 ($104.87).

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%).

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