STR: Canada hotel results for week ending 4 November
 
STR: Canada hotel results for week ending 4 November
09 NOVEMBER 2017 8:26 AM

The Canadian hotel industry reported occupancy increased 3.8% to 60.1% during the week of 29 October to 4 November. ADR also rose 5.3% to 144.60 Canadian dollars ($113.69), which pushed RevPAR up 9.3% to CA$86.86 ($68.30).

HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 29 October through 4 November 2017, according to data from STR.

In comparison with the week of 30 October through 5 November 2016, the industry reported the following:

• Occupancy: +3.8% to 60.1%
• Average daily rate (ADR): +5.3% to CAD144.60
• Revenue per available room (RevPAR): +9.3% to CAD86.86

Among the provinces and territories, Prince Edward Island posted the only double-digit increase in ADR (+13.6% to CAD122.50) and the highest lift in RevPAR (+39.4% to CAD54.48). Occupancy in the province rose 22.7% to 44.5%.

Overall, eight of the 11 provinces experienced growth in RevPAR for the week.

The Northwest Territories reported the second-highest increase in RevPAR (+21.4% to CAD80.06), due to the week’s largest rise in occupancy (+32.7% to 54.8%). ADR in the market dropped 8.5% to CAD146.14.

Saskatchewan reported the steepest decline in RevPAR (-7.7% to CAD64.57), due primarily to the second-largest decrease in ADR (-7.4% to CAD116.38).

New Brunswick experienced the largest decrease in occupancy (-5.6% to 54.7%).

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

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