Market Report Canada

Mixed Performance Metrics for Canadian Hotel Industry Week Ending 18 November 2017

- The Canadian hotel industry reported occupancy decreased 0.5% to 62.7% during the week of 12-18 November 2017. ADR increased 3.3% to 143.39 Canadian dollars ($112.62) and RevPAR rose 2.8% to CA$89.92 ($70.62).

The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 12-18 November 2017, according to data from STR.

In comparison with the week of 13-19 November 2016, the industry reported the following:

  • Occupancy: -0.5% to 62.7%
  • Average daily rate (ADR): +3.3% to CAD143.39
  • Revenue per available room (RevPAR): +2.8% to CAD89.92

Among the provinces and territories, Quebec reported the largest increase in RevPAR (+9.0% to CAD104.30).

Prince Edward Island reported the highest increase in ADR (+8.6% to CAD115.27).

The Northwest Territories experienced the highest lift in occupancy (+5.7% to 73.1%), but reported the largest decrease in ADR (-6.2% to CAD156.85)

Newfoundland and Labrador reported the only double-digit decrease in RevPAR (-25.4% to CAD69.07), due to the only double-digit drop in occupancy (-23.1% to 51.9%).

Saskatchewan reported the second-largest decrease in RevPAR (-9.4% to CAD64.01), due primarily to the second-largest decrease in ADR (-6.1% to CAD116.88).

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.

Logos, product and company names mentioned are the property of their respective owners.

Request Information from this organization

Please click the link below to request more information from the organization or company featured in this article.

Request Information from STR