STR: Canada Q1 2019 hotel performance
 
STR: Canada Q1 2019 hotel performance
29 APRIL 2019 9:09 AM

Canadian hotel occupancy dropped 0.5% to 56.7% during the first quarter of 2019 as ADR increased 1.2% to 148.68 Canadian dollars ($110.33) and RevPAR rose 0.7% to CA$84.24 ($62.51).

HENDERSONVILLE, Tennessee—The Canadian hotel industry reported mostly positive year-over-year results in the three key performance metrics during Q1 2019, according to data from STR.

Compared with Q1 2018:

• Occupancy: -0.5% to 56.7%
• Average daily rate (ADR): +1.2% to CAD148.68
• Revenue per available room (RevPAR): +0.7% to CAD84.24

The absolute ADR and RevPAR levels were the highest for any Q1 in STR’s Canada database.

A February report from Destination Canada showed that overnight arrivals of international visitors to the country were up 1.0% during the first two months of 2019. STR analysts point to the influx of visitors as a reason for healthy hotel demand (+1.1%), but higher supply (+1.6%) put slight pressure on occupancy levels.

In absolute values, March was Canada’s top month of the quarter for occupancy (60.5%) and RevPAR (CAD89.86), while February was Canada’s top month in Q1 for ADR (CAD149.96).

Among the provinces and territories, Prince Edward Island recorded the quarter’s largest increases in each of the three key performance metrics: occupancy (+3.2% to 38.1%), ADR (+4.4% to CAD111.74) and RevPAR (+7.8% to CAD42.60).

Manitoba experienced the second-highest rise in occupancy (+1.6% to 62.1%).

British Columbia saw the second-largest jump in RevPAR (+2.9% to CAD110.25).

Newfoundland and Labrador posted the steepest decline in each of the three key performance metrics: occupancy (-5.9% to 38.1%), ADR (-7.4% to CAD120.67) and RevPAR (-12.9% to CAD46.01).

North America Media Contacts: 

Nick Minerd
Senior 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 Editorial Director 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.