Positive Performance Metrics for Canadian Hotel Industry Week Ending 13 January 2018

The Canadian hotel industry reported occupancy rose 2% to 49.9% during the week of 7-13 January, while ADR jumped 5.4% year over year to 141.11 Canadian dollars ($113.21) and RevPAR increased 7.5% to CA$70.44 ($56.51).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 7-13 January 2018, according to data from STR.

In comparison with the week of 8-14 January 2017, the industry reported the following:

  • Occupancy: +2.0% to 49.9%
  • Average daily rate (ADR): +5.4% to CAD141.11
  • Revenue per available room (RevPAR): +7.5% to CAD70.44

Among the provinces and territories, British Columbia reported the largest increase in RevPAR (+24.6% to CAD90.44), due in part to the only double-digit lift in ADR (+12.8% to CAD169.08).

The Northwest Territories experienced the largest increase in occupancy (+16.1% to 59.2%) and the second-largest jump in RevPAR (+16.8% to CAD97.57).

Newfoundland and Labrador saw the steepest decline in occupancy (-13.8% to 36.0%), resulting in the largest drop in RevPAR (-12.3% to CAD47.35).

The only decreases in ADR were reported in Saskatchewan (-4.2% to CAD118.64) and Alberta (-0.9% to CAD128.29).

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.