STR: Canada hotel results for week ending 18 February
 
STR: Canada hotel results for week ending 18 February
23 FEBRUARY 2017 10:00 AM

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).

About STR
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:
Jeff Higley
VP, Digital Media & Communications
jhigley@str.com 
+1 (615) 824-8664 ext. 3318

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

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.