The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 23-29 September 2018, according to data from STR.
In comparison with the week of 24-30 September 2017, the industry reported the following:
• Occupancy: +2.1% to 80.3%
• Average daily rate (ADR): +4.3% to CAD174.52
• Revenue per available room (RevPAR): +6.5% to CAD140.06
Among the provinces and territories, Manitoba registered the only double-digit increases in occupancy (+15.5% to 83.8%) and RevPAR (+22.9% to CAD108.77).
Ontario posted the largest lift in ADR (+7.7% to CAD180.61).
Nova Scotia saw the second-largest increase in RevPAR (+9.2% to CAD149.99), due primarily to the second-largest jump in ADR (+7.4% to CAD171.40).
Overall, nine of the 11 reporting provinces and territories reported an increase in RevPAR.
Saskatchewan registered the steepest decline in RevPAR (-2.4% to CAD73.33) because of the second-largest decrease in ADR (-2.9% to CAD116.25).
Alberta posted the largest drop in ADR (-4.0% to CAD150.98).
Prince Edward Island experienced the steepest decline in occupancy (-0.8% to 81.1%).
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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