Market Reports

Positive Performance Metrics for Canadian Hotel Industry Week Ending 9 June 2018

Canada's hotel industry reported occupancy rose 1.2% to 74.6% during the week of 3-9 June, while ADR increased 6.8% to 180.37 Canadian dollars ($138.71) and RevPAR increased 8.2% to CA$134.57 ($103.48).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 3-9 June 2018, according to data from STR.

In comparison with the week of 4-10 June 2017, the industry reported the following:

• Occupancy: +1.2% to 74.6%
• Average daily rate (ADR): +6.8% to CAD180.37
• Revenue per available room (RevPAR): +8.2% to CAD134.57

Among the provinces and territories, Quebec reported the only double-digit increases in ADR (+12.4% to CAD238.52) and RevPAR (+15.6% to CAD200.22).

Alberta experienced the largest rise in occupancy (+3.5% to 63.8%).

Ontario registered the second-highest jump in RevPAR (+8.7% to CAD135.07)

British Colombia posted the second-largest lift in ADR (+9.9% to CAD211.55), which resulted in the third-largest increase in RevPAR (+8.5% to CAD166.90).

Overall, six of the 11 reporting provinces and territories saw RevPAR growth.

The Northwest Territories experienced the steepest declines in occupancy (-29.2% to 50.6%) and RevPAR (-30.3% to CAD82.52). ADR in the territories fell 1.6% to CAD163.16.

Newfoundland and Labrador reported the largest drop in ADR (-2.1% to CAD156.82) and the second-largest decreases in occupancy (-18.7% to 66.0%) and RevPAR (-20.4% to CAD103.54).

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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