STR: Canada hotel results for week ending 12 October
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 6-12 October 2019, according to data from STR.
In comparison with the week of 7-13 October 2018, the industry reported the following:
- Occupancy: +1.6% to 70.4%
- Average daily rate (ADR): +0.7% to CAD158.96
- Revenue per available room (RevPAR): +2.3% to CAD111.91
Among the provinces and territories, Newfoundland and Labrador experienced the only double-digit rise in occupancy (+11.3% to 54.9%), which resulted in the largest jump in RevPAR (+12.8% to CAD73.01).
Saskatchewan posted the highest lift in ADR (+5.3% to CAD120.51) and the only other double-digit increase in RevPAR (+10.0% to CAD71.10).
Nova Scotia registered the steepest decline in RevPAR (-5.6% to CAD112.78), due primarily to the largest drop in ADR (-7.3% to CAD148.30).
Ontario saw the largest decrease in occupancy (-0.6% to 75.2%).
Alberta reported the second-steepest declines in ADR (-3.3% to CAD141.30) and RevPAR (-2.8% to CAD78.30).
Additional Performance Data
STR’s world-leading hotel performance sample comprises 66,000 properties and 8.9 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.
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