Market Report Canada

Canadian Hotel Occupancy Up 1.3 Percent to 58.6 Percent For Week Ending 17 February 2018

Revenue per available room up 4.9 Percent to CAD$85.80

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 11-17 February 2018, according to data from STR.

In comparison with the week of 12-18 February 2017, the industry reported the following:

  • Occupancy: +1.3% to 58.6%
  • Average daily rate (ADR): +3.6% to CAD146.50
  • Revenue per available room (RevPAR): +4.9% to CAD85.80

Among the provinces and territories, New Brunswick reported the largest increase in RevPAR (+32.6% to CAD62.61), due primarily to the largest rise in occupancy (+23.8% to 52.5%).

Prince Edward Island posted the only double-digit lift in ADR (+13.0% to CAD119.57).

The Northwest Territories experienced the only other double-digit jump in occupancy (+21.2% to 95.2%) and the second-highest increase in RevPAR (+24.0% to CAD157.35).

Overall, eight of the 11 reporting provinces and territories reported growth in RevPAR.

Quebec experienced the largest decreases in occupancy (-7.1% to 63.8%) and RevPAR (-5.4% to CAD96.02).

Saskatchewan reported the steepest drop in ADR (-4.1% to CAD114.74), and the second-largest decline in RevPAR (-3.7% to CAD56.76).

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.