STR: Canada hotel results for week ending 5 October
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 29 September through 5 October 2019, according to data from STR.
In comparison with the week of 30 September through 6 October 2018, the industry reported the following:
- Occupancy: -3.3% to 72.2%
- Average daily rate (ADR): -1.0% to CAD165.15
- Revenue per available room (RevPAR): -4.3% to CAD119.17
Among the provinces and territories, Newfoundland and Labrador saw the only double-digit increases in occupancy (+25.4 to 71.6%) and RevPAR (+33.0% to CAD104.95).
Manitoba posted the highest lift in ADR (+6.3% to CAD132.54), which resulted in the second-largest jump in RevPAR (+6.2% to CAD101.49).
Nova Scotia experienced the only other rise in occupancy (+0.3% to 79.7%).
British Columbia registered the steepest decline in RevPAR (-8.0% to CAD135.99), due primarily to the largest drop in occupancy (-6.6% to 74.1%).
Alberta reported the second-largest decreases in ADR (-3.8% to CAD150.73) and RevPAR (-6.7% to CAD88.18).
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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