Canadian Hotel Industry Reports Positive YOY Resuts for Week Ending 13 April 2019

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Canadian Hotel Industry Reports Positive YOY Resuts for Week Ending 13 April 2019

During the week of 7-13 April, Canadian hotel occupancy rose 3.2% to 64.1%, ADR increased 4.4% to 153.05 Canadian dollars ($114.37) and RevPAR rose 7.6% to CA$98.09 ($73.30).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 7-13 April 2019, according to data from STR.

In comparison with the week of 8-14 April 2018, the industry reported the following:

• Occupancy: +3.2% to 64.1%
• Average daily rate (ADR): +4.4% to CAD153.05
• Revenue per available room (RevPAR): +7.6% to CAD98.09

Among the provinces and territories, Prince Edward Island registered the largest increase in RevPAR (+123.2% to CAD97.83), due to the highest rise in occupancy (+97.6% to 76.1%) and the only double-digit lift in ADR (+12.9% to CAD128.55).

Quebec experienced the only other double-digit increases in occupancy (+11.9% to 66.1%) and RevPAR (+22.0% to CAD105.25). The province posted the second-highest jump in ADR (+9.0% to CAD159.12).

Manitoba experienced the only double-digit decreases in occupancy (-17.6% to 63.4%) and RevPAR (-19.4% to CAD80.21).

Newfoundland and Labrador reported the only double-digit drop in ADR (-10.6% to CAD117.52) and the second-largest decrease in RevPAR (-8.8% to CAD55.07).

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.