Market Report Canada

Canadian Hotel Occupancy Down 1.1 Percent to 78.2 Percent For Week Ending 17 September 2016

Revenue per available room up 4.9 Percent to CAD$128.12

The Canadian hotel industry reported mixed results in the three key performance metrics during the week of 11-17 September 2016, according to data from STR.

In year-over-year comparisons, the country’s occupancy decreased 1.1% to 78.2%. However, average daily rate (ADR) for the week was up 6.1% to CAD163.81, and revenue per available room (RevPAR) increased 4.9% to CAD128.12.

Among the provinces, British Columbia posted the largest year-over-year increases in occupancy (+4.7% to 85.6%) and RevPAR (+15.6% to CAD153.83). British Columbia’s ADR increased 10.5% to CAD179.81.

Prince Edward Island recorded the largest rise in ADR (+12.8% to CAD163.03) and the second-highest lift in RevPAR (+12.3% to CAD156.45). Occupancy in the province was nearly flat (-0.4% to 96.0%) year over year.

Saskatchewan reported the largest decreases across the three key performance metrics. Occupancy fell 11.2% to 61.3%; ADR was down 4.9% to CAD125.84; and RevPAR dropped 15.5% to CAD77.18.

The only other double-digit decrease for any of the metrics came in Alberta, where RevPAR declined 11.4% to 95.75.

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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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