STR: Canada Hotel Results For Week Ending 18 January
Canadian hotel occupancy fell 3.7% to 52.4% during the week of 12-18 January as ADR dipped 0.1% to 146.51 Canadian dollars ($111.30) and RevPAR decreased 3.8% to CA$76.74 ($58.30).
The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 12-18 January 2020, 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 12-18 January 2020, according to data from STR.
In comparison with the week of 13-19 January 2019, the industry reported the following:
- Occupancy: -3.7% to 52.4%
- Average daily rate (ADR): -0.1 to CAD146.51
- Revenue per available room (RevPAR): -3.8% to CAD76.74
Among the provinces and territories, Alberta experienced the steepest decline in occupancy (-15.1% to 42.2%), which resulted in the largest drop in RevPAR (-15.9% to CAD56.00).
Newfoundland and Labrador reported the largest decrease in ADR (-7.2% to CAD113.91) and the second-largest decline in RevPAR (-14.0% to CAD37.71).
Saskatchewan saw the only other double-digit drop in occupancy (-10.1% to 50.6%).
Nova Scotia reported the highest increases in each of the three key performance metrics: occupancy (+3.5% to 44.1%), ADR (+2.6% to CAD123.93) and RevPAR (+6.2% to CAD54.60).
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