Positive Performance Metrics for Canadian Hotel Industry Week Ending 16 June 2018

Canada's hotels saw occupancy increase 1.2% to 75.5% during the week of 10-16 June, while ADR rose 4.5% to 175.49 Canadian dollars ($131.97) and RevPAR increased 5.7% to CA$132.50 ($99.64).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 10-16 June 2018, according to data from STR.

In comparison with the week of 11-17 June 2017, the industry reported the following:

• Occupancy: +1.2% to 75.5%
• Average daily rate (ADR): +4.5% to CAD175.49
• Revenue per available room (RevPAR): +5.7% to CAD132.50

Among the provinces and territories, Nova Scotia reported the only double-digit increase in RevPAR (+10.6% to CAD122.34), due primarily to the second-largest jump in ADR (+8.0% to CAD158.99).

British Columbia posted the largest lift in ADR (+10.0% to CAD213.18) and the second-largest rise in RevPAR (+8.9% to CAD172.21).

Alberta experienced the highest rise in occupancy (+4.6% to 64.2%).

Overall, nine of the 11 reporting provinces and territories saw RevPAR growth.

Newfoundland and Labrador registered the steepest decline in RevPAR (-7.3% to CAD108.66).

Saskatchewan reported the largest drop in ADR (-2.4% to CAD116.92).

Prince Edward Island experienced the only double-digit decrease in occupancy (-11.2% to 69.6%), which resulted in the second-largest decline in RevPAR (-6.4% to CAD118.66).

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