STR: Canada Hotel Results For Week Ending 29 February
During the week of 23-29 February, Canadian hotel occupancy dropped 1.6% to 59.1%, ADR increased 0.6% to 150.37 Canadian dollars ($112.09) and RevPAR decreased 1% to CA$88.80 ($66.19).
The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 23-29 February 2020, 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 23-29 February 2020, according to data from STR.
In comparison with the week of 24 February through 2 March 2019, the industry reported the following:
- Occupancy: -1.6% to 59.1%
- Average daily rate (ADR): +0.6% to CAD150.37
- Revenue per available room (RevPAR): -1.0% to CAD88.80
Among the provinces and territories, Nova Scotia experienced the largest decrease in occupancy (-6.2% to 55.4%), which resulted in the steepest decline in RevPAR (-6.1% to CAD68.89).
Manitoba posted the largest drop in ADR (-0.4% to CAD126.40) and the second-steepest decreases in occupancy (-5.5% to 64.5%) and RevPAR (-5.8% to CAD81.47).
Prince Edward Island saw the only double-digit increases in occupancy (+23.9% to 37.1%) and RevPAR (+26.3% to CAD42.60).
Quebec registered the highest lift in ADR (+6.2% to CAD157.20).
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