The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 31 March through 6 April 2019, according to data from STR.
In comparison with the week of 1-7 April 2018, the industry reported the following:
• Occupancy: +6.3% to 60.9%
• Average daily rate (ADR): +5.9% to CAD150.81
• Revenue per available room (RevPAR): +12.6% to CAD91.87
Among the provinces and territories, Nova Scotia reported the largest jump in RevPAR (+33.8% to CAD84.46), due primarily to the highest rise in occupancy (+28.7% to 63.4%).
Ontario posted the only double-digit lift in ADR (+11.2% to CAD161.27).
Quebec experienced the only other double-digit increase in occupancy (+12.2% to 59.9%) as well as the second-largest increase in RevPAR (+21.2% to CAD92.13).
The Northwest Territories saw the steepest declines in occupancy (-12.7% to 46.3%) and RevPAR (-14.2% to CAD76.76).
Newfoundland and Labrador posted the largest drop in ADR (-5.8% to CAD119.73) and the second-largest decrease in RevPAR (-9.1% to CAD54.33).
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.
Logos, product and company names mentioned are the property of their respective owners.