STR: Canada Hotel Results For Week Ending 9 November

Canadian hotel occupancy decreased 1.7% to 64.7% during the week of 3-9 November. ADR rose just 0.6% to 150.54 Canadian dollars ($113.51) and RevPAR fell 1.1% to CA$97.37 ($73.42).

The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 3-9 November 2019, according to data from STR.

HENDERSONVILLE, Tennessee — The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 3-9 November 2019, according to data from STR.

In comparison with the week of 4-10 November 2018, the industry reported the following:

  • Occupancy: -1.7% to 64.7%
  • Average daily rate (ADR): +0.6% to CAD150.54
  • Revenue per available room (RevPAR): -1.1% to CAD97.37

Among the provinces and territories, Quebec registered the highest increase in RevPAR (+7.8% to CAD111.67).

Newfoundland and Labrador experienced the only double-digit rise in occupancy (+10.2% to 56.4%), but the largest drop in ADR (-3.4% to CAD123.97).

Manitoba posted the highest lift in ADR (+3.5% to CAD128.40).

New Brunswick registered the steepest decline in occupancy (-9.8% to 59.1%), which resulted in the largest decrease in RevPAR (-9.7% to CAD71.87).

Alberta saw the second-largest drop in RevPAR (-5.1% to CAD74.17).

British Columbia reported the second-steepest decrease in occupancy (-4.4% to 61.7%).

Media Contact

Nick Minerd

Public Relations Coordinator [email protected] +1 (615) 824 8664 ext. 3305

Markets & Performance Markets & Performance USA & Canada Canada

CoStar Group 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...