STR: Canada hotel results for week ending 2 June
 
STR: Canada hotel results for week ending 2 June
07 JUNE 2018 8:12 AM

During the week of 27 May through 2 June, the Canadian hotel industry reported occupancy rose 1.5% to 73.2%, ADR increased 3% to 164.72 Canadian dollars ($127.13) and RevPAR rose 4.6% to CA$120.54 ($93.03).

HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 27 May through 2 June 2018, according to data from STR.

In comparison with the week of 28 May through 3 June 2017, the industry reported the following:

• Occupancy: +1.5% to 73.2%
• Average daily rate (ADR): +3.0% to CAD164.72
• Revenue per available room (RevPAR): +4.6% to CAD120.54

Among the provinces and territories, Nova Scotia registered the largest increase in RevPAR (+18.1 to CA136.18), due primarily to the highest lift in ADR (+12.7% to CAD166.55).

Saskatchewan experienced the only double-digit rise in occupancy (+11.4% to 62.8%).

British Colombia posted the only other double-digit increase in ADR (+10.6% to CAD201.70) and the second-highest jump in RevPAR (+11.8% to CAD161.28).

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

Newfoundland and Labrador registered the largest decrease in RevPAR (-20.4% to CAD85.58), due to the steepest decline in occupancy (-20.0% to 57.7%).

Manitoba reported the largest drop in ADR (-4.2% to CAD120.11) and the second-largest decrease in RevPAR (-9.0% to CAD90.48).

North America Media Contacts:

Nick Minerd
Public Relations Manager
nminerd@str.com
+1 (615) 824-8664 ext. 3305

Haley Luther
Communications Associate
hluther@str.com
+1 (615) 824-8664 ext. 3500

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at sricca@hotelnewsnow.com.

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.