HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 4-10 August 2019, according to data from STR.
In comparison with the week of 5-11 August 2018, the industry reported the following:
- Occupancy: -2.5% to 77.7%
- Average daily rate (ADR): -1.2% to CAD183.94
- Revenue per available room (RevPAR): -3.6% to CAD142.97
Among the provinces and territories, Newfoundland and Labrador saw the largest jump in RevPAR (+21.2% to US$112.72), due to the highest rise in occupancy (+22.6% to 79.5%).
Saskatchewan posted the only double-digit lift in ADR (+10.7% to CAD123.17) and the second-largest increases in occupancy (+8.6% to 60.9%) and RevPAR (+20.1% to CAD75.04).
Alberta registered the largest declines in each of the three key performance metrics: occupancy (-6.5% to 61.7%), ADR (-4.3% to CAD170.52) and RevPAR (-10.5% to CAD105.20).
British Columbia experienced the second-steepest drop in occupancy (-3.3% to 84.5%).
Ontario reported the second-largest decreases in ADR (-2.1% to CAD175.58) and RevPAR (-5.0% to CAD143.23).
Additional Performance Data
Are you a member of the media looking for performance data for a hotel market not included in this release? STR’s sample comprises more than 65,000 hotels and 8.8 million hotel rooms around the globe. Please refer to the contacts listed below for additional data requests.
About STR
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.
North America Media Contacts:
Nick Minerd
Senior Director, Communications
nminerd@str.com
+1 (615) 824-8664 ext. 3305
Haley Luther
Communications Coordinator
hluther@str.com
+1 (615) 824-8664 ext. 3500
0 Comments