The Canadian hotel industry recorded mostly positive year-over-year results in the three key performance metrics during the week of 30 June through 6 July 2019, according to data from STR.
In comparison with the week of 1-7 July 2018, the industry reported the following:
• Occupancy: -0.1% to 71.8%
• Average daily rate (ADR): +0.3% to CAD180.70
• Revenue per available room (RevPAR): +0.2% to CAD129.79
Among the provinces and territories, New Brunswick registered the largest jump in RevPAR (+8.6% to CAD102.94), due primarily to the largest lift in ADR (+4.4% to CAD142.90).
Manitoba experienced the highest rise in occupancy (+4.3% to 61.9%)
Newfoundland and Labrador saw the steepest declines in occupancy (-9.0% to 62.7%) and ADR (-13.1% to CAD136.01), which resulted in the largest drop in RevPAR (-20.9% to CAD85.22).
Prince Edward Island reported the second-largest decreases in occupancy (-5.3% to 76.6%) and RevPAR (-5.8% to CAD144.05).
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.