Positive Performance Metrics for Canadian Hotel Industry Week Ending 23 June 2018

During the week of 17-23 June, Canadian hotel occupancy rose 1.1% to 76%, ADR increased 3.5% to 173.65 Canadian dollars ($130.69) and RevPAR increased 4.6% to CA$131.99 ($99.33)

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 17-23 June 2018, according to data from STR.

In comparison with the week of 18-24 June 2017, the industry reported the following:

• Occupancy: +1.1% to 76.0%
• Average daily rate (ADR): +3.5% to CAD173.65
• Revenue per available room (RevPAR): +4.6% to CAD131.99

Among the provinces and territories, British Columbia reported the only double-digit increases in ADR (+10.6% to CAD215.76) and RevPAR (+10.9% to CAD177.89).

The Northwest Territories experienced the only double-digit rise in occupancy (+14.9% to 66.5%) and the second-largest jump in RevPAR (+9.9% to CAD107.29), but reported the largest decline in ADR (-4.3% to CAD161.43).

Overall, seven of the 11 reporting provinces and territories saw RevPAR growth.

Newfoundland and Labrador registered the steepest decline in occupancy (-14.9% to 73.2%), which resulted in the largest decrease in RevPAR (-17.1% to CAD117.47).

Alberta posted the next largest drop in ADR (-4.0% to CAD156.23).

Prince Edward Island experienced the second-largest decrease in occupancy (-7.0% to 83.8%).

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