Canada Hotel industry reports mostly positive results for Q2 2015

Published on : Wednesday, July 29, 2015

STR-logoThe 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.

 

 

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.
Source: STR.

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