STR: Canada Hotel Results — Photo by HHN

HENDERSONVILLE, Tennessee — The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 12-18 May 2019, according to data from STR.

In comparison with the week of 13-19 May 2018, the industry reported the following:

  • Occupancy: -1.7% to 67.2%
  • Average daily rate (ADR): +3.4% to CAD165.96
  • Revenue per available room (RevPAR): +1.6% to CAD111.45

Among the provinces and territories, Quebec registered the largest increases in each of the three key performance metrics: occupancy (+9.6% to 78.5%), ADR (+11.9% to CAD181.98) and RevPAR (+22.6% to CAD142.92).

British Columbia posted the second-highest rise in ADR (+4.4% to CAD198.88), which resulted in the second-largest jump in RevPAR (+4.3% to CAD141.85).

Prince Edward Island reported the steepest decline in RevPAR (-16.9% to CAD66.21), due primarily to the largest drop in occupancy (-13.6% to 51.3%).

Newfoundland and Labrador registered the largest decrease in ADR (-8.2% to CAD128.42).

Nova Scotia saw the second-steepest drop in RevPAR (-15.8% to CAD96.15).

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. 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. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Nick Minerd
Public Relations Coordinator
+1 (615) 824 8664 ext. 3305
STR