In the third quarter, Canadian hotel occupancy fell 2% to 76.3%, and despite a 0.4% ADR increase to 183.39 Canadian dollars ($140.34), RevPAR decreased 1.5% to CA$139.85 ($107.02).
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported mostly negative year-over-year results in the three key performance metrics during the third quarter of 2019, according to data from STR.
Compared with Q3 2018:
• Occupancy: -2.0% to 76.3%
• Average daily rate (ADR): +0.4% to CAD183.39
• Revenue per available room (RevPAR): -1.5% to CAD139.85
August, historically Canada’s peak performance month, was the top month of the quarter in absolute values: occupancy (79.0%), ADR (CAD185.25) and RevPAR (CAD146.42).
Among the provinces and territories, New Brunswick registered the largest jump in RevPAR (+4.1% to CAD112.59), due to the largest lift in ADR (+5.0% to CAD141.81).
Newfoundland and Labrador experienced the highest rise in occupancy (+2.3% to 72.8%) but the steepest drops in ADR (-6.2% to CAD141.72) and RevPAR (-4.1% to CAD103.21).
Manitoba reported the next steepest decline in RevPAR (-4.0% to CAD89.38) because of the largest drop in occupancy (-3.2% to 72.5%).
A note to editors: All references to STR data and analysis should cite “STR” as the source. Please refrain from citing “STR, Inc.” “Smith Travel Research” or “STR Global” in sourcing.
Additional Performance Data
STR’s world-leading hotel performance sample comprises 66,000 properties and 8.9 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. For more information, please visit str.com.
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