Market Report Canada

Canadian Hotel Occupancy Down 2.6 Percent to 75.8 Percent For Week Ending 3 August 2019

Revenue per available room down 5.8 Percent to CAD137.43
Red road bike beside red and white wooden maple leaf painted wall - Photo by Ali Tawfiq on Unsplash
Canadian Hotel Industry Reports Negative YOY Resuts for Week Ending 3 August 2019

STR

The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 28 July through 3 August 2019, according to data from STR.

In comparison with the week of 29 July through 4 August 2018, the industry reported the following:

  • Occupancy: -2.6% to 75.8%
  • Average daily rate (ADR): -3.3% to CAD181.25
  • Revenue per available room (RevPAR): -5.8% to CAD137.43

Among the provinces and territories, Saskatchewan saw the largest increase in RevPAR (+4.5% to CAD67.22), due primarily to the largest lift in ADR (+3.0% to CAD113.99).

Newfoundland and Labrador experienced the highest rise in occupancy (+6.9% to 77.2%).

Quebec registered the steepest decline in occupancy (-6.5% to 77.5%).

Prince Edward Island posted the largest drop in ADR (-6.6% to CAD185.90).

British Columbia reported the steepest decrease in RevPAR (-9.8% to CAD197.97).

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.