The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 26 August through 1 September 2018, according to data from STR.
In comparison with the week of 27 August through 2 September 2017, the industry reported the following:
- Occupancy: +1.1% to 77.7%
- Average daily rate (ADR): +2.4% to CAD171.93
- Revenue per available room (RevPAR): +3.5% to CAD133.59
Among the provinces and territories, Ontario reported the largest increases in each of the three key performance metrics: occupancy (+4.1% to 83.9%), ADR (+5.6% to CAD168.822) and RevPAR (+9.9% to CAD141.67).
Quebec saw the second-highest rise in occupancy (+2.8% to 83.0%).
Manitoba posted the second-largest lift in ADR (+5.2% to CAD123.17), which drove the second-largest jump in RevPAR (+4.8% to CAD97.18).
Newfoundland and Labrador registered the only double-digit decreases in each of the three key performance metrics: occupancy (-16.6% to 63.7%), ADR (-10.9% to CAD133.35) and RevPAR (-25.7% to CAD84.93).
British Columbia experienced the second-steepest drop in occupancy (-2.6% to 81.9%).
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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