Market Report Canada

Canadian Hotel Occupancy Up 5.7 Percent to 80.8 Percent For Week Ending 26 August 2017

Revenue per available room up 7.5 Percent to CAD$137.72

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.



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