HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mostly positive year-over-year results in the three key performance metrics during the week of 30 September through 6 October 2018, according to data from STR.
In comparison with the week of 1-7 October 2017, the industry reported the following:
• Occupancy: flat at 74.6%
• Average daily rate (ADR): +3.8% to CAD165.15
• Revenue per available room (RevPAR): +3.7% to CAD123.17
Among the provinces and territories, Saskatchewan reported the largest increase in RevPAR (+13.7% to CAD73.45), due primarily to the only double-digit rise in occupancy (+11.3% to 61.2%).
British Columbia posted the only double-digit lift in ADR (+12.6% to CAD186.41), resulting in the second-largest jump in RevPAR (+13.6% to CAD148.15).
The Northwest Territories saw the only other double-digit increase in RevPAR (+10.2% to CAD158.79).
Overall, eight of the 11 reporting provinces and territories reported an increase in RevPAR.
Newfoundland and Labrador registered the only double-digit decreases in occupancy (-11.9% to 57.7%) and RevPAR (-18.8% to CAD79.21), and the steepest drop in ADR (-7.8% to CAD137.31).
Alberta posted the only other decline in ADR (-3.8% to CAD145.36), resulting in the second-largest decrease in RevPAR (-4.3% to CAD85.88).
North America Media Contacts:
Nick Minerd
Communications Director
nminerd@str.com
+1 (615) 824-8664 ext. 3305
Haley Luther
Communications Associate
hluther@str.com
+1 (615) 824-8664 ext. 3500
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