The Canadian hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 4-10 June 2017, according to data from STR.
In comparison with the week of 5-11 June 2016, the industry reported the following:
- Occupancy: flat at 73.8%
- Average daily rate (ADR): +5.0% to CAD167.45
- Revenue per available room (RevPAR): +5.1% to CAD123.59
Among the provinces, British Columbia posted the largest year-over-year increase in RevPAR (+13.4% to CAD154.53), driven primarily the week’s only double-digit lift in ADR (+10.6% to CAD192.71).
Ontario recorded the only other double-digit rise in RevPAR (+10.3% to CAD124.10).
Manitoba saw the largest increase in occupancy (+4.6% to 78.6%).
Alberta saw the steepest decline in RevPAR (-10.1% to CAD90.33). Saskatchewan reported the largest drop in ADR (-9.4% to CAD119.22). New Brunswick experienced the largest decrease in occupancy (-4.1% to 67.9%).
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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