Market Report Canada

Canadian Hotel Occupancy Down 2.7 Percent to 80.1 Percent For Week Ending 17 August 2019

Revenue per available room down 3.8 Percent to CAD146.38
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 17 August 2019

STR

The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 11-17 August 2019, according to data from STR.

In comparison with the week of 12-18 August 2018, the industry reported the following:

• Occupancy: -2.7% to 80.1%
• Average daily rate (ADR): -1.1% to CAD182.70
• Revenue per available room (RevPAR): -3.8% to CAD146.38

Among the provinces and territories, Newfoundland and Labrador saw the only double-digit increases in occupancy (+17.2% to 82.9%) and RevPAR (+19.5% to CAD120.48).

New Brunswick posted the largest lift in ADR (+4.8% to CAD151.53), which resulted in the second-highest jump in RevPAR (+4.5% to CAD138.36).

Nova Scotia registered the only double-digit decrease in RevPAR (-11.0% to CAD147.86), due primarily to the steepest drop in ADR (-8.0% to CAD163.47).

Saskatchewan experienced the largest decline in occupancy (-7.1% to 59.0%).

British Columbia reported the second-largest decreases in ADR (-4.2% to CAD235.91) and RevPAR (-8.3% to CAD205.05).

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.



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