Market Report Canada

Canadian Hotel Occupancy Down -1.5 Percent to 78.5 Percent For Week Ending 21 September 2019

Revenue per available room up 0.3 Percent to CAD140.93
Red road bike beside red and white wooden maple leaf painted wall - Photo by Ali Tawfiq on Unsplash
Canadian Hotel Industry Reports Mixed YOY Resuts for Week Ending 21 September 2019

STR

The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 15-21 September 2019, according to data from STR.

In comparison with the week of 16-22 September 2018, the industry reported the following:

• Occupancy: -1.5% to 78.5%
• Average daily rate (ADR): +1.8% to CAD179.45
• Revenue per available room (RevPAR): +0.3% to CAD140.93

Among the provinces and territories, Prince Edward Island registered the highest increase in RevPAR (+11.9% to CAD170.51), due mostly to the largest rise in ADR (+8.5% to CAD184.51).

Nova Scotia saw the largest rise in occupancy (+3.9% to 92.1%).

Saskatchewan experienced the steepest decline in occupancy (-7.8% to 59.3%).

Newfoundland and Labrador reported the largest decreases in ADR (-7.3% to CAD150.15) and RevPAR (-12.8% to CAD121.03).

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