STR: Canada hotel results for week ending 1 July
 
STR: Canada hotel results for week ending 1 July
07 JULY 2017 12:26 PM

STR weekly data shows the Canadian hotel industry experienced a 4.8% occupancy increase to 74%, while ADR rose 11% to 173.58 Canadian dollars ($134.89) and RevPAR jumped 16.4% to CA$128.53 ($99.88).

HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 25 June through 1 July 2017, according to data from STR.

In comparison with the week of 26 June through 2 July 2016, the industry reported the following:

  • Occupancy: +4.8% to 74.0%
  • Average daily rate (ADR): +11.0% to CAD173.58
  • Revenue per available room (RevPAR): +16.4% to CAD128.53

Among the provinces, Manitoba experienced the largest year-over-year increases in occupancy (+24.7% to 73.6%) and RevPAR (+26.5% to CAD86.72).

Ontario posted the week’s largest rise in ADR (+18.1% to CAD175.76) and the second-highest lift in RevPAR (+24.9% to CAD138.61).

Overall, six of 11 reporting provinces saw a double-digit increase in RevPAR for the week.

Newfoundland and Labrador reported the only declines in occupancy (-10.1% to 70.7%) and RevPAR (-15.3% to CAD108.47) as well as the largest decrease in ADR (-5.8% to CAD153.32).

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.