STR: Canada Hotel Results For Week Ending 15 February
Canadian hotel occupancy rose 0.4% to 59.6% during the week of 9-15 February while ADR increased by 0.5% to 151.23 Canadian dollars ($114.08) and RevPAR rose by 0.9% to CA$90.17 ($68.02).
The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 9-15 February 2020, according to data from STR.
HENDERSONVILLE, Tennessee - The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 9-15 February 2020, according to data from STR.
In comparison with the week of 10-16 February 2019, the industry reported the following:
- Occupancy: +0.4% to 59.6%
- Average daily rate (ADR): +0.5% to CAD151.23
- Revenue per available room (RevPAR): +0.9% to CAD90.17
Among the provinces and territories, Saskatchewan saw the largest jump in RevPAR (+9.1% to CAD59.75), due primarily to the highest rise in occupancy (+5.7% to 51.1%).
Quebec posted the largest lift in ADR (+3.4% to CAD165.11) and the second-largest increase in RevPAR (+4.8% to CAD111.04).
Prince Edward Island experienced the steepest decrease in occupancy (-3.7% to 36.5%), which resulted in the largest decline in RevPAR (-4.4% to CAD43.72).
Newfoundland and Labrador registered the steepest drop in ADR (-5.7% to CAD116.39).
Alberta reported the only other decline in occupancy (-3.5% to 50.7%) and the second-largest decrease in RevPAR (-3.7% to CAD69.03).
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