STR: Canada hotel results for week ending 14 September
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 8-14 September 2019, according to data from STR.
In comparison with the week of 9-15 September 2018, the industry reported the following:
- Occupancy: -1.7% to 76.6%
- Average daily rate (ADR): +2.6% to CAD181.85
- Revenue per available room (RevPAR): +0.8% to CAD139.23
Among the provinces and territories, Quebec posted the largest increase in RevPAR (+7.4% to CAD154.23), due to the largest lift in ADR (+6.5% to CAD189.75).
Nova Scotia experienced the highest rise in occupancy (+5.8% to 92.3%) and the second-largest jump in RevPAR (+6.9% to CAD156.93).
Six of the 10 reporting provinces and territories reported a RevPAR increase.
Alberta registered the steepest decline in RevPAR (-9.6% to CAD98.92), due primarily to the largest drop in ADR (-5.8% to CAD158.92).
Saskatchewan saw the largest decrease in occupancy (-8.9% to 58.6%) and the second-steepest drop in RevPAR (-9.3% to CAD69.48).
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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