STR: Canada hotel results for week ending 3 August
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 28 July through 3 August 2019, according to data from STR.
In comparison with the week of 29 July through 4 August 2018, the industry reported the following:
- Occupancy: -2.6% to 75.8%
- Average daily rate (ADR): -3.3% to CAD181.25
- Revenue per available room (RevPAR): -5.8% to CAD137.43
Among the provinces and territories, Saskatchewan saw the largest increase in RevPAR (+4.5% to CAD67.22), due primarily to the largest lift in ADR (+3.0% to CAD113.99).
Newfoundland and Labrador experienced the highest rise in occupancy (+6.9% to 77.2%).
Quebec registered the steepest decline in occupancy (-6.5% to 77.5%).
Prince Edward Island posted the largest drop in ADR (-6.6% to CAD185.90).
British Columbia reported the steepest decrease in RevPAR (-9.8% to CAD197.97).
Additional Performance Data
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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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