The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 14-20 July 2019, according to data from STR.
In comparison with the week of 15-21 July 2018, the industry reported the following:
• Occupancy: -1.3% to 77.6%
• Average daily rate (ADR): -1.1% to CAD178.42
• Revenue per available room (RevPAR): -2.4% to CAD138.54
Among the provinces and territories, Saskatchewan saw the only double-digit increase in RevPAR (+16.7% to CAD91.55), due in part to the largest lift in ADR (+7.0% to CAD126.08).
Newfoundland and Labrador experienced the only double-digit rise in occupancy (+11.7% to 73.8%) but the second-largest decrease in ADR (-5.4% to CAD140.59).
Alberta posted the largest decrease in RevPAR (-9.4% to CAD108.53), primarily because of the steepest drop in ADR (-6.3% to CAD166.91).
Manitoba registered the largest decline in occupancy (-4.1% to 71.2%) and the second-steepest decrease in RevPAR (-6.4% to CAD85.57).
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.
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