Market Report Canada

Canadian Hotel Occupancy Up 1.2 Percent to 74.6 Percent For Week Ending 9 June 2018

Revenue per available room up 8.2 Percent to CAD134.57

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 3-9 June 2018, according to data from STR.

In comparison with the week of 4-10 June 2017, the industry reported the following:

• Occupancy: +1.2% to 74.6%
• Average daily rate (ADR): +6.8% to CAD180.37
• Revenue per available room (RevPAR): +8.2% to CAD134.57

Among the provinces and territories, Quebec reported the only double-digit increases in ADR (+12.4% to CAD238.52) and RevPAR (+15.6% to CAD200.22).

Alberta experienced the largest rise in occupancy (+3.5% to 63.8%).

Ontario registered the second-highest jump in RevPAR (+8.7% to CAD135.07)

British Colombia posted the second-largest lift in ADR (+9.9% to CAD211.55), which resulted in the third-largest increase in RevPAR (+8.5% to CAD166.90).

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

The Northwest Territories experienced the steepest declines in occupancy (-29.2% to 50.6%) and RevPAR (-30.3% to CAD82.52). ADR in the territories fell 1.6% to CAD163.16.

Newfoundland and Labrador reported the largest drop in ADR (-2.1% to CAD156.82) and the second-largest decreases in occupancy (-18.7% to 66.0%) and RevPAR (-20.4% to CAD103.54).

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.



Logos, product and company names mentioned are the property of their respective owners.

Request Information from this organization

Please click the link below to request more information from the organization or company featured in this article.

Request Information from STR