Market Report Canada

Canadian Hotel Occupancy Up 3.3 Percent to 81.0 Percent For Week Ending 29 July 2017

Revenue per available room up 3.7 Percent to CAD$141.31

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 23-29 July 2017, according to data from STR.

In comparison with the week of 24-30 July 2016, the industry reported the following:

  • Occupancy: +0.4% to 81.0%
  • Average daily rate (ADR): +3.3% to CAD174.55
  • Revenue per available room (RevPAR): +3.7% to CAD141.31

Among the provinces, Manitoba experienced the only double-digit increase in occupancy (+13.0% to 73.7%) and reported the highest RevPAR growth (+19.6% to CAD90.81).

Nova Scotia posted the week’s only double-digit lift in ADR (+11.5% to CAD162.02) and showed the only other double-digit rise in RevPAR (+11.6% to CAD144.41).

Newfoundland and Labrador reported the largest drop in RevPAR (-7.5% to CAD140.92), due to the week’s largest decrease in ADR (-5.6% to CAD159.66).

Quebec reported the steepest decline in occupancy (-2.4% to 85.2%).

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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