10 The Winnipeg Barometer Report | Volume 8, 2016
A look at Canadian CMA's as of October 2016 shows the
highest increase in RevPAR year-over-year from January to
October 2016 was seen in Toronto, up 12.8%; Vancouver,
up 11.5%; Halifax and Victoria up 8.8%.
In comparison, Winnipeg's RevPAR saw a 3.9% growth. In
contrast, Saskatoon and Calgary saw the highest decrease
in RevPAR, down 17.4% and 17.1% respectively, with
Edmonton close behind, down 11.1 %. The decrease
in occupancy is attributed to the challenging economic
situations in those cities.
-20%
-15%
-10%
-5%
0%
5%
10%
15%
20%
Halifax/Dartmouth
Greater
Quebec
City
Greater
Montreal
Greater
Toronto
Area
Ottawa
Winnipeg
Regina
Saskatoon
Calgary
Edmonton
Greater
Vancouver
Greater
Victoria
9%
12%
-11%
-17%
-17%
-6%
4%
5%
13%
8%
8%
9%
