Canada hotel performance for the week of 12-18 February was negative across three key performance metrics, with declines in occupancy of 3.1%, ADR of 0.4% and RevPAR of 3.4%.
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported negative results in the three key performance metrics during the week of 12-18 February 2017, according to data from STR.
Year-over-year comparison with the week of 14-20 February 2016:
• Occupancy: -3.1% to 57.7%
• Average daily rate (ADR): -0.4% to CAD140.59
• Revenue per available room (RevPAR): -3.4% to CAD81.16
Among the provinces, Manitoba reported the largest year-over-year increases in occupancy (+5.2% to 67.2%) and RevPAR (+5.9% to CAD79.38). ADR in the province rose 0.7% to CAD118.11.
Ontario posted the week’s largest lift in ADR (+1.9% to CAD138.28).
Prince Edward Island reported the steepest declines in occupancy (-15.1% to 40.1%) and RevPAR (-18.8% to CAD42.36). ADR in the province was down 4.4% to CAD105.55.
Saskatchewan reported the largest drop in ADR (-4.8% to CAD119.76) and the second-largest decrease in RevPAR (-12.1% to CAD58.71).
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 16 countries with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.
North America Media Contacts:
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+1 (615) 824-8664 ext. 3318
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+1 (615) 824-8664 ext. 3305
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