STR: Canada hotel results for week ending 18 August
 
STR: Canada hotel results for week ending 18 August
23 AUGUST 2018 8:48 AM

The Canadian hotel industry reported occupancy dipped 0.7% to 82.5% during the week of 12-18 August, while ADR rose 2.7% to 182.34 Canadian dollars ($139.67) and RevPAR increased 2% to CA$150.42 ($115.22).

HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 12-18 August 2018, according to data from STR.

In comparison with the week of 13-19 August 2017, the industry reported the following:

• Occupancy: -0.7% to 82.5%
• Average daily rate (ADR): +2.7% to CAD182.34
• Revenue per available room (RevPAR): +2.0% to CAD150.42

Among the provinces and territories, British Colombia reported the largest increase in RevPAR (+9.9% to CAD223.00), due to the second-highest jump in ADR (+11.1% to CAD245.09).

Saskatchewan saw the highest rise in occupancy (+4.2% to 63.4%).

The Northwest Territories posted the largest lift in ADR (+15.1% to CAD166.47) but the steepest decline in occupancy (-20.9% to 68.0%). That combination resulted in the second-largest drop in RevPAR (-8.9% to CAD113.22).

Newfoundland and Labrador registered the largest decreases in ADR (-9.6% to CAD140.41) and RevPAR (-23.0% to CAD99.76). The market experienced the only other double-digit drop in occupancy (-14.8% to 71.1%).

Quebec reported the third-largest decreases in occupancy (-4.1% to 86.1%) and RevPAR (-6.2% to CAD160.06).

North America Media Contacts:

Nick Minerd
Communications Director
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.