Market Report Canada

Canadian Hotel Occupancy Up 3.0 Percent to 70.9 Percent For Week Ending 9 September 2017

Revenue per available room up 8.1 Percent to CAD$118.08

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 3-9 September 2017, according to data from STR.

In comparison with the week of 4-10 September 2016, the industry reported the following:

  • Occupancy: +3.0% to 70.9%
  • Average daily rate (ADR): +5.0% to CAD166.62
  • Revenue per available room (RevPAR): +8.1% to CAD118.08

Among the provinces, Manitoba experienced the week’s largest increase in RevPAR (+37.2% to CAD90.65), due primarily to the largest rise in occupancy (+34.2% to 76.7%).

British Columbia posted the only double-digit lift in ADR (+10.2% to CAD193.90) and the second-largest jump in RevPAR (+14.9% to CAD153.95).

Overall, nine of the 11 reporting provinces experienced a lift in RevPAR for the week.

After Manitoba, the only other double-digit increase in occupancy came in Saskatchewan (+10.3% to 57.0%).

Newfoundland and Labrador experienced the largest decrease in RevPAR (-2.3% to CAD103.45).

The Northwest Territories reported the largest decrease in ADR (-3.0% to CAD151.63).

Prince Edward Island experienced the largest decrease in occupancy (-1.1% to 81.9%).

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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