The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 4-10 August 2019, according to data from STR.
In comparison with the week of 5-11 August 2018, the industry reported the following:
• Occupancy: -2.5% to 77.7%
• Average daily rate (ADR): -1.2% to CAD183.94
• Revenue per available room (RevPAR): -3.6% to CAD142.97
Among the provinces and territories, Newfoundland and Labrador saw the largest jump in RevPAR (+21.2% to US$112.72), due to the highest rise in occupancy (+22.6% to 79.5%).
Saskatchewan posted the only double-digit lift in ADR (+10.7% to CAD123.17) and the second-largest increases in occupancy (+8.6% to 60.9%) and RevPAR (+20.1% to CAD75.04).
Alberta registered the largest declines in each of the three key performance metrics: occupancy (-6.5% to 61.7%), ADR (-4.3% to CAD170.52) and RevPAR (-10.5% to CAD105.20).
British Columbia experienced the second-steepest drop in occupancy (-3.3% to 84.5%).
Ontario reported the second-largest decreases in ADR (-2.1% to CAD175.58) and RevPAR (-5.0% to CAD143.23).
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.
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