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STR: Canada hotel performance for Q1 2016

April 30, 2016 Hotel Trends No Comments Email Email

The Canadian hotel industry reported mixed results in the three key performance metrics for the first quarter of 2016, according to data from STR.http://recruitment.travelcounsellors.com/au/?utm_source=eGlobal&utm_medium=banner&utm_campaign=Its%20time

Compared with Q1 2015, the Canadian hotel industry’s occupancy dipped 1.4% to 54.7%; average daily rate was up 3.4% to CAD136.68; and revenue per available room increased 2.0% to CAD74.79.

Among the provinces, Prince Edward Island recorded the largest year-over-year increases in occupancy (+18.1% to 36.8%) and RevPAR (+22.0% to CAD36.57).

British Columbia posted the only double-digit rise in ADR (+10.1% to CAD151.53) and was the only other province to experience a double-digit lift in RevPAR (+15.8% to CAD90.43).

Alberta experienced the steepest declines in occupancy (-16.7% to 47.6%) and RevPAR (-19.6% to CAD65.32).

Newfoundland and Labrador was the only other province to see a double-digit drop in occupancy (-11.4% to 46.8%) and RevPAR (-13.1% to CAD61.86).

Additional performance data

Looking for performance data for a market not included in this release? STR’s sample comprises more than 53,000 hotels and 7.2 million hotel rooms around the globe. Please contact nminerd@str.com for additional data requests.

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