STR: Canada Hotel Results For Week Ending 9 March
The Canadian hotel industry reported occupancy fell 1.9% to 59.9% during the week of 3-9 March, and despite a 0.4% ADR increase to 155.46 Canadian dollars ($116.54), RevPAR declined 1.5% to CA$93.17 ($69.84)
The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 3-9 March 2019, according to data from STR.
HENDERSONVILLE, Tennessee — The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 3-9 March 2019, according to data from STR.
In comparison with the week of 4-10 March 2018, the industry reported the following:
• Occupancy: -1.9% to 59.9%
• Average daily rate (ADR): +0.4% to CAD155.46
• Revenue per available room (RevPAR): -1.5% to CAD93.17
Among the provinces and territories, Manitoba registered the largest increases in occupancy (+5.3% to 69.5%) and RevPAR (+9.8% to CAD88.97).
Prince Edward Island posted the largest lift in ADR (+7.3% to CAD113.45) but the steepest decline in occupancy (-17.7% to 29.6%), which resulted in the second-largest decline in RevPAR (-11.7% to CAD33.61).
Nova Scotia reported the largest drop in RevPAR (-13.7% to CAD77.65), due primarily to the only other double-digit decrease in occupancy (-11.0% to 60.8%).
Newfoundland and Labrador saw the steepest decline in ADR (-7.0% to CAD123.11) and the third-largest drop in RevPAR (-11.2% to CAD55.75).
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.
Media Contact
Nick Minerd
Public Relations Coordinator [email protected] +1 (615) 824 8664 ext. 3305