Market Reports

Canadian Hotel Industry Reports Mixed YOY Resuts for Week Ending 22 June 2019

Canadian hotel occupancy dipped 0.5% to 75.5% during the week of 16-22 June, while a 2.2% ADR increase to 179.64 Canadian dollars ($136.79) drove RevPAR up 1.7% to CA$135.72 ($103.34).
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Canadian Hotel Industry Reports Mixed YOY Resuts for Week Ending 22 June 2019

STR

The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 16-22 June 2019, according to data from STR.

In comparison with the week of 17-23 June 2018, the industry reported the following:

• Occupancy: -0.5% to 75.5%
• Average daily rate (ADR): +2.2% to CAD179.64
• Revenue per available room (RevPAR): +1.7% to CAD135.72

Among the provinces and territories, British Columbia registered the only double-digit jump in RevPAR (+11.8% to CAD198.90), due primarily to the largest lift in ADR (+9.8% to CAD238.32).

Newfoundland and Labrador experienced the highest rise in occupancy (+3.8% to 76.0%) but the steepest decline in ADR (-8.6% to CAD148.44).

Prince Edward Island saw the largest drop in occupancy (-8.1% to 77.3%) and the second-steepest decrease in ADR (-7.3% to CAD171.07), which resulted in the largest decline in RevPAR (-14.7% to CAD132.18).

Alberta reported the only other double-digit drop in RevPAR (-11.2% to CAD97.36).

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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