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Canadian Hotel Occupancy Down Two Per Cent for Q3 2019

HENDERSONVILLE, Tenn. — The Canadian hotel industry reported mostly negative year-over-year results in the three key performance metrics for the third quarter of 2019, according to data from STR.

In a year-over-year comparison, the industry reported a two-per-cent drop in occupancy to 76.3 per cent, a 0.4-per-cent increase in Average Daily Rate (ADR) to $183.39 and a 1.5-per-cent decrease in Revenue Per Available Room (RevPAR) to $139.85.

August — historically Canada’s peak performance month — was the top month of the quarter in absolute values, with occupancy of 79 per cent, ADR at $185.25 and RevPAR of $146.42.

For the quarter, New Brunswick reported the largest jump in both RevPAR and ADR, which were up 4.1 per cent and five per cent respectively. Newfoundland and Labrador experienced the highest rise in occupancy (up 2.3 per cent to 72.8 per cent), but the steepest drops in ADR and RevPAR, which fell 6.2 per cent and 4.1 per cent respectively.

Manitoba reported the next-steepest decline in RevPAR (down four per cent to $89.38), due to the largest drop in occupancy (a 3.2-per-cent decrease to 72.5 per cent).

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