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Canadian Hotel Performance Down Slightly from Previous Weeks

September 5th compared to prior weeks, according to STR data. While improved, year-over-year declines still remain significant.

In a year-over-year comparison, the industry reported a 36.5-per-cent drop in occupancy to 41.9 per cent, a 26.7-per-cent decrease in Average Daily Rate (ADR) to $128.13 and a 53.4-per-cent decrease in Revenue Per Available Room (RevPAR) to $53.65. For comparison, the previous week, ending August 29, saw occupancy of 42.1 per cent, ADR at $128.83 and RevPAR of $54.26.

P.E.I. and B.C. remain the only provinces to achieve occupancy levels above 50 per cent for the week. However, with occupancies of 53.2 per cent and 52.3 per cent respectively, they both saw a slight decrease from the previous week. Ottawa remained the only major market to report occupancy above 40 per cent (46.2 per cent).

With occupancy at 34.5 per cent, Quebec reported the week’s lowest provincial occupancy. At the market level, the lowest occupancy was reported in Montreal (24.5 per cent).

The post Canadian Hotel Performance Down Slightly from Previous Weeks appeared first on Hotelier Magazine.

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