STR: Canada Hotel Results For Week Ending 23 March
The Canadian hotel industry reported occupancy decreased 5.7% to 61.2% during the week of 17-23 March, ADR dipped 1.8% to 145.03 Canadian dollars ($108) and RevPAR dropped 7.4% to CA$88.73 ($66.07)
HENDERSONVILLE, Tennessee — The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 17-23 March 2019, according to data from STR.
- Occupancy: -5.7% to 61.2%
- Average daily rate (ADR): -1.8% to CAD145.03
- Revenue per available room (RevPAR): -7.4% to CAD88.73
Among the provinces and territories, Prince Edward Island reported the only increases in occupancy (+18.9% to 42.1%) and RevPAR (+29.7% to CAD48.64) as well as the highest jump in ADR (+9.1% to CAD115.50).
New Brunswick posted the only other lift in ADR (+0.9% to CAD120.80).
The Northwest Territories saw the largest decline in occupancy (-34.9% to 59.7%), which resulted in the steepest drop in RevPAR (-36.2% to CAD100.30).
Newfoundland and Labrador registered the largest decrease in ADR (-5.5% to CAD121.74).
Saskatchewan experienced the second-steepest declines in occupancy (-11.8% to 54.6%) and RevPAR (-13.2% to CAD63.78).
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STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.