Market Report Canada

Canadian Hotel Occupancy Up 4.5 Percent to 83.1 Percent For Week Ending 19 August 2017

Revenue per available room up 13.4 Percent to CAD$146.09

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 13-19 August 2017, according to data from STR.

In comparison with the week of 14-20 August 2016, the industry reported the following:

  • Occupancy: +4.5% to 83.1%
  • Average daily rate (ADR): +8.5% to CAD175.82
  • Revenue per available room (RevPAR): +13.4% to CAD146.09

Each of the 10 reporting provinces reported year-over-year growth in occupancy and RevPAR.

Manitoba experienced the largest increase in RevPAR (+28.9% to CAD109.51), driven primarily by the only double-digit increase in occupancy (+21.4% to 86.9%).

Nova Scotia posted the largest increase in ADR (+15.3% to CAD170.53) and the second-largest increase in RevPAR (+21.0% to CAD161.54).

Of the three provinces to report a decrease in ADR, Saskatchewan (-3.5% to CAD115.91) showed the largest drop in the metric.

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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