STR: Canada Hotel Results For Week Ending 28 December

During the week of 22-28 December, Canadian hotel occupancy decreased 5% to 40.1%, ADR fell 4.2% to 161.41 Canadian dollars ($124.22) and RevPAR decreased 9% to CA$64.78 ($49.85).

The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 22-28 December 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 22-28 December 2019, according to data from STR.

In comparison with the week of 23-29 December 2018, the industry reported the following:

  • Occupancy: -5.0% to 40.1%
  • Average daily rate (ADR): -4.2% to CAD161.41
  • Revenue per available room (RevPAR): -9.0% to CAD64.78

Among the provinces and territories, Alberta reported the largest decreases in each of the three key performance metrics: occupancy (-10.2% to 30.6%), ADR (-11.0% to CAD155.43) and RevPAR (-20.1% to CAD47.50).

British Columbia saw the only other double-digit decline in RevPAR (-11.9% to CAD118.54), due primarily to the second-steepest drop in occupancy (-7.5% to 51.8%).

Prince Edward Island posted the second-largest decrease in ADR (-9.3% to CAD92.43).

Newfoundland and Labrador experienced the only double-digit rise in occupancy (+10.5% to 17.5%).

New Brunswick posted the largest lift in ADR (+1.4% to CAD105.56) and the highest jump in RevPAR (+7.8% to CAD25.81).

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...