Positive Performance Metrics for Canadian Hotel Industry Week Ending 12 August 2017

The Canadian hotel industry reported positive performance during the week of 6-12 August. Occupancy increased 1.2% to 80.9%, while ADR jumped 9% to 179.33 Canadian dollars ($141.91) and RevPAR rose 10.3% to CA$145 ($114.75).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 6-12 August 2017, according to data from STR.

In comparison with the week of 7-13 August 2016, the industry reported the following:

  • Occupancy: +1.2% to 80.9%
  • Average daily rate (ADR): +9.0% to CAD179.33
  • Revenue per available room (RevPAR): +10.3% to CAD145.00

Among the provinces, Manitoba experienced the largest year-over-year increase in RevPAR (+32.1% to CAD102.12) and the only double-digit increase in occupancy (+22.2% to 80.3%).

British Columbia posted the largest increase in ADR (+13.6% to CAD227.68).

Saskatchewan reported the week’s only drop in RevPAR (-5.2% to CAD66.33) and ADR (-4.6% to CAD114.30).

Two of the twelve reporting provinces reported the largest decrease in occupancy: Saskatchewan (-0.6% to 58.0%) and Ontario (-0.6% to 83.8%).

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.