Positive Performance Metrics for Canadian Hotel Industry Week Ending 3 February 2018

The Canadian hotel industry reported occupancy rose 1.1% to 55.6% during the week of 28 January to 3 February. ADR rose 3.7% year over year to 144.03 Canadian dollars ($114.65), which pushed RevPAR up 4.9% to CA$80.13 ($63.79).

The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 28 January through 3 February 2018, according to data from STR.

In comparison with the week of 29 January through 4 February 2017, the industry reported the following:

  • Occupancy: +1.1% to 55.6%
  • Average daily rate (ADR): +3.7% to CAD144.03
  • Revenue per available room (RevPAR): +4.9% to CAD80.13

Among the provinces and territories, Ontario reported the largest rise in occupancy (+3.8% to 60.8%) and the only double-digit increase in RevPAR (+10.0% to CAD89.72).

British Colombia posted the largest lift in ADR (+6.4% to CAD164.40) and the second-largest increase in RevPAR (+6.4% to CAD96.94).

The Northwest Territories experienced the only double-digit drops in occupancy (-12.8% to 75.6%) and RevPAR (-16.1% to CAD121.96).

Saskatchewan reported the steepest decline in ADR (-4.8% to CAD112.86).

Prince Edward Island saw the second-largest decreases in occupancy (-5.0% to 31.5%) and RevPAR (-6.0% to CAD33.13).

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.