STR: Canada Hotel Results For Week Ending 7 December
Canadian hotel occupancy decreased 2.6% to 59.4% during the first week of December, and despite a 0.9% ADR increase to 147.44 Canadian dollars ($111.80), RevPAR fell 1.8% to CA$87.52 ($66.36).
The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 1-7 December 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 1-7 December 2019, according to data from STR.
In comparison with the week of 2-8 December 2018, the industry reported the following:
- Occupancy: -2.6% to 59.4%
- Average daily rate (ADR): +0.9% to CAD147.44
- Revenue per available room (RevPAR): -1.8% to CAD87.52
Among the provinces and territories, Prince Edward Island reported the largest increases in each of the three key performance metrics: occupancy (+17.8% to 43.3%), ADR (+4.4% to CAD113.45) and RevPAR (+23.0% to CAD49.12).
Newfoundland and Labrador experienced the second-largest jump in RevPAR (+15.6% to CAD61.82), driven by the second-highest rise in occupancy (+17.0% to 52.2%).
Quebec matched for the steepest decrease in occupancy (-11.2% to 62.5%) and reported the largest drops in ADR (-4.7% to CAD153.48) and RevPAR (-15.3% to CAD95.92).
Manitoba registered the other largest drop in occupancy (-11.2% to 64.3%) and the only other double-digit decrease in RevPAR (-13.4% to CAD80.25). The province also posted the second-steepest decline in ADR (-2.5% to CAD124.83).
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