During the week of 10-16 November, Canadian hotel occupancy fell 4.2% to 60%, and while ADR rose 0.5% to 148.96 Canadian dollars ($111.85), RevPAR decreased 3.7% to CA$89.37 ($67.10).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 10-16 November 2019, according to data from STR.
In comparison with the week of 11-17 November 2018, the industry reported the following:
• Occupancy: -4.2% to 60.0%
• Average daily rate (ADR): +0.5% to CAD148.96
• Revenue per available room (RevPAR): -3.7% to CAD89.37
Among the provinces and territories, Manitoba saw the steepest decline in RevPAR (-18.9% to CAD74.46), due primarily to the largest drop in occupancy (-15.9% to 60.5%).
Nova Scotia reported the largest decrease in ADR (-7.2% to CAD130.09).
Prince Edward Island experienced the only other double-digit drop in occupancy (-13.8% to 38.2%) and the second-steepest decline in RevPAR (-13.7% CAD44.39).
Newfoundland and Labrador registered the only rise in occupancy (+14.5% to 55.3%) and the largest increases in ADR (+3.0% to CAD129.74) and RevPAR (+17.9% to CAD71.72).
Quebec posted the second-largest lift in ADR (+2.8% to CAD158.39), which resulted in the only other jump in RevPAR (+2.6% to CAD101.66).
Additional Performance Data
STR’s world-leading hotel performance sample comprises 67,000 properties and 9.0 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. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and www.costargroup.com.
North America Media Contacts:
Senior Director, Communications
+1 (615) 824-8664 ext. 3305
+1 (615) 824-8664 ext. 3500
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