STR: Canada hotel results for week ending 24 March
 
STR: Canada hotel results for week ending 24 March
29 MARCH 2018 8:01 AM

During the week of 18-24 March, Canadian hotels reported occupancy rose 7.3% to 65.1%, ADR increased 7% to 147.41 Canadian dollars ($114.30) and RevPAR rose 14.8% to CA$96 ($74.44).

HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 18-24 March 2018, according to data from STR.

In comparison with the week of 19-25 March 2017, the industry reported the following:

  • Occupancy: +7.3% to 65.1%
  • Average daily rate (ADR): +7.0% to CAD147.41
  • Revenue per available room (RevPAR): +14.8% to CAD96.00

Among the provinces and territories, the Northwest Territories reported the largest increase in RevPAR (+31.2% to CAD157.33), due primarily to the highest rise in occupancy (+21.3% to 91.7%).

British Columbia posted the only double-digit lift in ADR (+15.9% to CAD173.39), that combined with the second-largest increase in occupancy (+10.9% to 71.7%), produced the second-largest rise in RevPAR (+28.6% to CAD124.37).

Overall, 10 of the 11 reporting provinces and territories saw RevPAR growth.

Newfoundland and Labrador experienced the steepest decline in occupancy (-14.1% to 50.4%) and the only decrease in RevPAR (-14.0% to CAD65.15).

Saskatchewan reported the largest drop in ADR (-2.3% to CAD118.60).

Quebec saw the only other decrease in occupancy (-0.3% to 64.6%), while Alberta reported the only other decline in ADR (-0.6% to CAD134.95).

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.

1 Comment

  • Carley April 20, 2018 11:27 PM Reply

    Why do I bother calnilg up people when I can just read this!

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.