STR: Canada hotel results for week ending 31 March
STR: Canada hotel results for week ending 31 March
05 APRIL 2018 7:39 AM

During the week of 25-31 March, hotel occupancy decreased 5.5% year over year to 58.4%. Despite a 3.1% ADR increase to 143.18 Canadian dollars ($111.98), RevPAR dropped 2.6% to CA$83.55 ($65.34).

HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 25-31 March 2018, according to data from STR.

In comparison with the week of 26 March through 1 April 2017, the industry reported the following:

  • Occupancy: -5.5% to 58.4%
  • Average daily rate (ADR): +3.1% to CAD143.18
  • Revenue per available room (RevPAR): -2.6% to CAD83.55

Among the provinces and territories, the Northwest Territories experienced the largest increases in occupancy (+33.1% to 85.3%) and RevPAR (+38.0% to CAD144.08).

British Colombia posted the only double-digit lift in ADR (+10.6% to CAD167.15) and the second-highest jump in RevPAR (+10.8% to CAD113.52).

New Brunswick experienced the steepest declines in occupancy (-21.3% to 44.2%) and RevPAR (-22.1% to CAD51.25).

Saskatchewan reported the largest drop in ADR (-6.7% to CAD113.04) and the second-largest decrease in RevPAR (-19.5% to CAD54.09).

With performance affected by the Easter holiday, eight of the 11 reporting provinces and territories saw decreases in RevPAR.

North America Media Contacts:

Nick Minerd
Public Relations Manager
+1 (615) 824-8664 ext. 3305

Haley Luther
Communications Associate
+1 (615) 824-8664 ext. 3500

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1 Comment

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