STR: Canada results for week ending 10 April
In year-over-year measurements, the industry’s occupancy was up 6.9 percent to 52.7 percent. Average daily rate rose 1.0 percent to CAD$118.04. Revenue per available room for the week increased 8.1 percent to CAD$62.25.
The Canadian hotel industry reported increases in all three key performance measurements during the week of 4-10 April 2010, according to data from STR.
In year-over-year measurements, the industry’s occupancy was up 6.9 percent to 52.7 percent. Average daily rate rose 1.0 percent to CAD$118.04. Revenue per available room for the week increased 8.1 percent to CAD$62.25.
Among the provinces, Prince Edward Island posted the largest decreases in all three key measurements. The province’s occupancy fell 50.4 percent to 28.8 percent, ADR dropped 10.9 percent to CAD$79.67 and RevPAR decreased 55.9 percent to CAD$22.91.
Newfoundland reported the largest occupancy increase, rising 28.8 percent to 65.7 percent, followed by Saskatchewan with a 22.3-percent increase to 70.8 percent. Three markets, excluding Prince Edward Island posted occupancy decreases: British Columbia (-4.5 percent to 49.1 percent); Quebec (-2.2 percent to 49.4 percent); and Manitoba (-1.6 percent to 55.6 percent).
Newfoundland experienced the only ADR increase of more than 5 percent, rising 6.0 percent to CAD$117.91, followed by Saskatchewan (+4.6 percent to CAD$121.88), Manitoba (+3.4 percent to CAD$107.46), and Quebec (+3.4 percent to CAD$122.34). New Brunswick (-3.9 percent to CAD$107.73) and Alberta (-1.4 percent to CAD$127.27) were the only two provinces besides Prince Edward Island to experience ADR decreases for the week.
Four provinces reported RevPAR increases of more than 10 percent: Newfoundland (+36.7 percent to CAD77.52); Saskatchewan (+27.9 percent to CAD$86.27); Ontario (+14.2 percent to CAD$61.08); and Nova Scotia (+13.3 percent to CAD$53.68). Besides Prince Edward Island, British Columbia was the only province to post a RevPAR decrease, falling 4.2 percent to CAD$58.03.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.