The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 6-12 August 2017, according to data from STR.
In comparison with the week of 7-13 August 2016, the industry reported the following:
- Occupancy: +1.2% to 80.9%
- Average daily rate (ADR): +9.0% to CAD179.33
- Revenue per available room (RevPAR): +10.3% to CAD145.00
Among the provinces, Manitoba experienced the largest year-over-year increase in RevPAR (+32.1% to CAD102.12) and the only double-digit increase in occupancy (+22.2% to 80.3%).
British Columbia posted the largest increase in ADR (+13.6% to CAD227.68).
Saskatchewan reported the week’s only drop in RevPAR (-5.2% to CAD66.33) and ADR (-4.6% to CAD114.30).
Two of the twelve reporting provinces reported the largest decrease in occupancy: Saskatchewan (-0.6% to 58.0%) and Ontario (-0.6% to 83.8%).
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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