STR: Canada hotel results for week ending 19 October
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 13-19 October 2019, according to data from STR.
In comparison with the week of 14-20 October 2018, the industry reported the following:
- Occupancy: -10.9% to 66.6%
- Average daily rate (ADR): -2.7% to CAD155.77
- Revenue per available room (RevPAR): -13.4% to CAD103.77
None of the reporting provinces or territories reported occupancy or RevPAR increases.
Saskatchewan registered the highest lift in ADR (+0.5% to CAD119.16).
British Columbia posted the only other rise in ADR (+0.3% to CAD172.39).
New Brunswick registered the steepest decline in RevPAR (-20.4% to CAD69.16), due to the largest drop in occupancy (-18.4% to 56.9%).
Nova Scotia reported the only double-digit decrease in ADR (-10.1% to CAD142.11) and the second-largest decline in RevPAR (-19.8% to CAD101.94).
Alberta reported the second-steepest drop in occupancy (-15.2% to 52.7%), which resulted in the third-largest decrease in RevPAR (-16.7% to CAD71.72).
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.
North America Media Contacts:
Senior Director, Communications
+1 (615) 824-8664 ext. 3305
+1 (615) 824-8664 ext. 3500