STR: Canada Hotel Results For Week Ending 10 August
During the week of 4-10 August, the Canadian hotel industry reported occupancy fell 2.5% to 77.7%, ADR dipped 1.2% to 183.94 Canadian dollars ($138.04) and RevPAR decreased 3.6% to CA$142.97 ($107.29).
The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 4-10 August 2019, according to data from STR.
HENDERSONVILLE, Tennessee — The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 4-10 August 2019, according to data from STR.
In comparison with the week of 5-11 August 2018, the industry reported the following:
- Occupancy: -2.5% to 77.7%
- Average daily rate (ADR): -1.2% to CAD183.94
- Revenue per available room (RevPAR): -3.6% to CAD142.97
Among the provinces and territories, Newfoundland and Labrador saw the largest jump in RevPAR (+21.2% to US$112.72), due to the highest rise in occupancy (+22.6% to 79.5%).
Saskatchewan posted the only double-digit lift in ADR (+10.7% to CAD123.17) and the second-largest increases in occupancy (+8.6% to 60.9%) and RevPAR (+20.1% to CAD75.04).
Alberta registered the largest declines in each of the three key performance metrics: occupancy (-6.5% to 61.7%), ADR (-4.3% to CAD170.52) and RevPAR (-10.5% to CAD105.20).
British Columbia experienced the second-steepest drop in occupancy (-3.3% to 84.5%).
Ontario reported the second-largest decreases in ADR (-2.1% to CAD175.58) and RevPAR (-5.0% to CAD143.23).
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