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Canada hotel industry posts increased on all fields

Staff Writer | May 13, 2017
The Canadian hotel industry reported positive results in the three key performance metrics during the week of April 30 through May 6, 2017, according to data from STR.
Quebec hotel
Hotels   Quebec posted the only double-digit increase in ADR
In comparison with the week of 1-7 May 2016, the industry reported occupancy: +3.5% to 66.8%, average daily rate (ADR): +5.7% to CAD150.06, and revenue per available room (RevPAR): +9.4% to CAD100.21.

Among the provinces, Manitoba saw the largest year-over-year increases in occupancy (+27.0% to 71.8%) and RevPAR (+32.2% to CAD88.99). ADR in the province rose 4.1% to CAD123.87.

Quebec posted the only double-digit increase in ADR (+10.6% to CAD160.63) and the second-largest spike in RevPAR (+28.0% to CAD114.27).

Overall, six of 10 reporting provinces experienced double-digit growth in RevPAR.

Saskatchewan reported the steepest declines across the three key performance metrics. Occupancy slipped 5.9% to 55.1%, ADR was down 5.8% to CAD121.44 and RevPAR dropped 11.4% to CAD66.95.


 

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