Market Reports

Canadian Hotels Report Mostly Negative YOY Results for Week Ending 16 November 2019

During the week of 10-16 November, Canadian hotel occupancy fell 4.2% to 60%, and while ADR rose 0.5% to 148.96 Canadian dollars ($111.85), RevPAR decreased 3.7% to CA$89.37 ($67.10).
Rendering of the Four Seasons Hotel and Private Residences Montreal
Four Seasons Hotel and Private Residences Montreal

STR

The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 10-16 November 2019, according to data from STR.

In comparison with the week of 11-17 November 2018, the industry reported the following:

• Occupancy: -4.2% to 60.0%
• Average daily rate (ADR): +0.5% to CAD148.96
• Revenue per available room (RevPAR): -3.7% to CAD89.37

Among the provinces and territories, Manitoba saw the steepest decline in RevPAR (-18.9% to CAD74.46), due primarily to the largest drop in occupancy (-15.9% to 60.5%).

Nova Scotia reported the largest decrease in ADR (-7.2% to CAD130.09).

Prince Edward Island experienced the only other double-digit drop in occupancy (-13.8% to 38.2%) and the second-steepest decline in RevPAR (-13.7% CAD44.39).

Newfoundland and Labrador registered the only rise in occupancy (+14.5% to 55.3%) and the largest increases in ADR (+3.0% to CAD129.74) and RevPAR (+17.9% to CAD71.72).

Quebec posted the second-largest lift in ADR (+2.8% to CAD158.39), which resulted in the only other jump in RevPAR (+2.6% to CAD101.66).

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