The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 5-11 January 2020, according to data from STR.
In comparison with the week of 6-12 January 2019, the industry reported the following:
• Occupancy: -5.1% to 43.8%
• Average daily rate (ADR): +0.4% to CAD141.23
• Revenue per available room (RevPAR): -4.8% to CAD61.81
Among the provinces and territories, Alberta experienced the only double-digit decline in occupancy (-12.5% to 36.7%), which resulted in the steepest drop in RevPAR (-14.2% to CAD46.23).
Newfoundland and Labrador posted the largest decrease in ADR (-6.9% to CAD115.83) and the only other double-digit decline in RevPAR (-10.8% to CAD37.68).
Saskatchewan saw the second-steepest drop in occupancy (-9.6% to 40.3%).
Quebec reported the only increase in occupancy (+1.4% to 43.4%) and RevPAR (+5.7% to CAD62.67). The province recorded the highest lift in ADR (+4.2% to CAD144.52).
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.
Logos, product and company names mentioned are the property of their respective owners.