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.
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