HVS Canadian Lodging Outlook – 4th Quarter 2018

The Canadian hotel industry blew it out of the park once again in 2018! Growth in demand outpaced growth in new supply 2:1, leading to never before seen levels of national occupancy and average rate.

Table - Canadian Lodging Outlook - Q4 2018

Table - Canadian Lodging Outlook - Q3 2018

If you would like a detailed hotel performance data for all of Canada, STR offers their Canadian Hotel Review. The Canadian Hotel Review is available by annual subscription. For further Information, please contact: info@str.com or +1 (615) 824-8664 ext. 3504.

Source: www.hvs.com