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STR Reports Canada Q2 2015 Results­

August 1, 2015 Statistics & Trends No Comments Email Email

The Canadian hotel industry reported mostly positive results in the three key performance metrics for the second quarter of 2015, according to data from STR, Inc.http://www.tourismlegal.com.au/

In year-over-year results, the Canadian hotel industry’s occupancy was down 0.3% to 67.1%. However, its average daily rate rose 4.8% to CAD$144.12, and its revenue per available room increased 4.5% to CAD$96.63.

Among the provinces, British Columbia reported the highest RevPAR increase during the quarter, up 13.4% to CAD$111.11. Manitoba (+11.6% to CAD$81.57) was the only other province to report a double-digit increase in RevPAR.

Alberta experienced the steepest RevPAR decline for the quarter, down 7.6% to CAD$93.81.

Each of the provinces reported an increase in ADR, led by British Columbia (+9.3% to CAD$157.33).

Manitoba (+6.3% to 66.0%) posted the largest occupancy increase, while Alberta (-8.6% to 62.2%) reported the largest occupancy decrease.

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