STR: Canada hotel results for week ending 27 January
 
STR: Canada hotel results for week ending 27 January
01 FEBRUARY 2018 8:32 AM

The Canadian hotel industry reported occupancy rose 1.1% to 56.6% during the week of 21-27 January, while ADR rose 4.1% to 144.14 Canadian dollars ($117) and RevPAR increased 5.2% to CA$81.64 ($66.27).

HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 21-27 January 2018, according to data from STR.

In comparison with the week of 22-28 January 2017, the industry reported the following:

  • Occupancy: +1.1% to 56.6%
  • Average daily rate (ADR): +4.1% to CAD144.14
  • Revenue per available room (RevPAR): +5.2% to CAD81.64

Among the provinces and territories, Prince Edward Island reported the largest increase in RevPAR (+15.5% to CAD56.88), due primarily to the largest rise in occupancy (+10.5% to 49.1%).

British Columbia posted the largest lift in ADR (+7.3% to CAD166.29) and the second-largest increase in RevPAR (+11.1% to CAD105.95).

Saskatchewan experienced the second-highest increase in occupancy (+4.8% to 51.5%), but the largest drop in ADR (-4.7% to CAD114.70).

Newfoundland and Labrador reported the largest decline in occupancy (-20.4% to 37.7%), resulting in the steepest drop in RevPAR (-21.7% to CAD48.83).

Manitoba experienced the second-largest decreases in both occupancy (-8.9% to 61.5%) and RevPAR (-8.8% to CAD75.50).

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

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.