HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 31 December 2017 to 6 January 2018, according to data from STR.

In comparison with the week of 1-7 January 2017, the industry reported the following:

• Occupancy: +9.8% to 43.7%
• Average daily rate (ADR): +13.2% to CAD154.26
• Revenue per available room (RevPAR): +24.3% to CAD67.44

Opposite of the prior week, performance growth was boosted by a comparison with the week that did not include New Year’s Eve in 2016.

Among the provinces and territories, Nova Scotia reported the largest increase in RevPAR (+47.2% to CAD47.59), due primarily to the largest increase in occupancy (+32.9% to 37.4%).

British Columbia posted the largest increase in ADR (+17.2% to CAD207.41), that coupled with the second-highest lift in occupancy (+15.6% to 49.1%), resulted in the second-largest jump in RevPAR (+35.5% to CAD101.79).

Overall, each of the 11 reporting provinces and territories reported RevPAR growth.

Quebec experienced the only decline in occupancy (-2.8% to 48.3%).

Saskatchewan reported the only drop in ADR (-1.4% to CAD112.08).

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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