Hotel News Resource Mobile Edition



« | »

Negative Performance Metrics for Canadian Hotel Industry Week Ending 11 February 2017

For the week of 5-11 February, the Canadian hotel industry reported a 1.4% occupancy decline to 56.7%, a 3.3% ADR decrease to CA$140.06 ($107.64) and a 4.6% RevPAR drop to CA$79.47 ($61.07)

The Canadian hotel industry reported negative results in the three key performance metrics during the week of 5-11 February 2017, according to data from STR.

Year-over-year comparison with the week of 7-13 February 2016:

Among the provinces, Prince Edward Island recorded the only double-digit increase in occupancy (+10.5% to 43.3%) and the largest rise in RevPAR (+13.5% to CAD46.42). ADR in the province rose 2.7% to CAD107.23.

Nova Scotia posted the largest increase in ADR (+5.9% to CAD121.24) and the only other double-digit lift in RevPAR (+10.3% to CAD60.47).

Ontario reported the steepest declines across the three key metrics. Occupancy fell 4.7% to 59.4%, ADR was down 7.6% to CAD139.91 and RevPAR dropped 11.9% to CAD83.06.

No other double-digit decreases were reported in any of the provinces.

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.

Posted by on February 16, 2017.

Categories: Trends

« | »




Recent Posts


Pages



Ads by Nevistas