The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 20-26 August 2017, according to data from STR.
In comparison with the week of 21-27 August 2016, the industry reported the following:
- Occupancy: +1.7% to 80.8%
- Average daily rate (ADR): +5.7% to CAD170.43
- Revenue per available room (RevPAR): +7.5% to CAD137.72
Among the provinces, Manitoba experienced the largest increase in RevPAR (+29.8% to CAD100.16), due primarily to the only double-digit increase in occupancy (+25.5% to 83.3%).
Nova Scotia posted the only double-digit increase in ADR (+11.0% to CAD161.04) and the second-largest increase in RevPAR (+15.5% to CAD145.28).
Saskatchewan reported the largest drop in ADR (-4.1% to US$115.21) and RevPAR (-4.4% to US$67.44). Occupancy in the province fell 0.3% to 58.5%.
Quebec reported the only other decrease in occupancy (-0.4% to 88.2%).
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.
Logos, product and company names mentioned are the property of their respective owners.