Hotel Industry Fact Sheet - Hotel Association of Canada

HOTEL INDUSTRY FACT SHEET
February 2016
Canadian Hotel Statistics
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8,139 properties
442,552 rooms
288,000 employees
64% Occupancy Rate (2016 Forecast)
$148 Average Daily Rate (2016 Forecast)
$93 RevPAR (2016 Forecast)
$17.5 billion National Accommodation Revenue (2014)
Generated value added of $16.2 billion (2014)
Generated tax revenue of $7.6 billion for all three levels of government including $3.3
billion to the Federal Government. (2014)
Canadian National Accommodation Averages
YEAR
OCCUPANCY
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
57%
60%
62%
65.4%
65.4%
66.8%
67.0%
65.9%
64.9%
62.1%
61.9%
59%
61%
63%
65%
65%
63%
All data 2015 unless otherwise indicated
AVERAGE DAILY
RATE
$68
$68
$72
$84
$88
$94
$99
$106
$111
$114
$116
$114
$116
$119
$123
$127
$131
RevPAR
$40
$41
$43
$55.18
$57.78
$62.52
$66.18
$69.70
$72.18
$70.87
$71.50
$67
$71
$75
$79
$83
$83
February 17, 2016
Hotel Association of Canada | 130 Albert St., Suite 1206, Ottawa, ON K1P 5G4 | T: (613) 237-7149 | [email protected]
Page 1
Year
2009
2010
2011
2012
2013
2014
2015
2016 (forecast)
Occupancy
58%
60%
61%
62%
63%
64%
64%
64%
ADR
$125
$128
$127
$129
$133
$137
$144
$148
RevPAR
$73
$77
$78
$80
$83
$88
$91
$93
Overall National Accommodation Revenue by Year (billions)
YEAR
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
REVENUE
$10.1
$10.6
$10.8
$11.1
$11.0
$12.6
$14.26
$17.9
$18.8
$ 21.5
$17.5
$16.4
$16.4
$17.0
$16.7
$17.5
Hotel Real Estate Transaction Summary by Year
YEAR
# OF
PROPERTIES
TOTAL
INVESTMENT
PRICE PER
ROOM
(millions)
1996
1997
1998
1999
2000
2001
2002
2003
75
106
175
41
49
42
49
51
All data 2015 unless otherwise indicated
$770
$1,039
$1,324
$423
$443
$642
$540
$469
$ 51,600
$56,800
$56,900
$87,700
$80,900
$111,300
$81,800
$62,200
February 17, 2016
Hotel Association of Canada | 130 Albert St., Suite 1206, Ottawa, ON K1P 5G4 | T: (613) 237-7149 | [email protected]
Page 2
Year
# of Properties
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
50
104
141
168
24
74
86
99
116
130
127
Total Investment
(millions)
$360
$1,706
$2,950
$4,580
$157
$414
$717
$1,107
$1,178
$2.1
$1.46
Price Per Room
$67,000
$108,800
$162,000
$154,200
$60,400
$65,500
$83,000
$108,000
$83,600
$120,000
$93,200
Hotel Supply Growth
YEAR
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015 (forecast)
GROWTH
1.1%
1.3%
1.3%
1.5%
1.9%
1.9%
1.6%
2.3%
2.9%
1.4%
0.9%
0.6%
0.7%
1.5%
Top Fifty Hotel Companies in Canada by Revenue (millions)
COMPANY & HEAD OFFICE
Four Seasons Hotels and Resorts,
Toronto , Ont.
Fairmont Raffles Hotels International,
Toronto, Ont.
Starwood Hotels & Resorts Worldwide
Inc., Stamford, CT.
Wyndham Hotel Group, Parsippany, N.J.
All data 2015 unless otherwise indicated
Units 2014
95
Revenue 2014
+*$4,400.0
114
+*$4,100.0
68
$912.2
505
$849.9
February 17, 2016
Hotel Association of Canada | 130 Albert St., Suite 1206, Ottawa, ON K1P 5G4 | T: (613) 237-7149 | [email protected]
Page 3
COMPANY & HEAD OFFICE
Marriott Hotels of Canada, Mississauga,
Ont.
IHG (InterContinental Hotels Group),
Atlanta, GA.
Hilton Canada Co., Mississauga, Ont.
Best Western International, Phoenix Ariz..
InnVest REIT, Mississauga, Ont.
Choice Hotels Canada Inc., Mississauga,
Ont.
Delta Hotels and Resorts, Mississauga,
Ont.
Atlific Hotels, Montreal, Que.
Oxford Properties Group, Toronto, Ont.
Superior Lodging Corp./MasterBuilt
Hotels, Calgary, Alta.
Sandman Hotel Group, (Northland
Properties) Vancouver, B.C.
O’Neil Hotels & Resorts Ltd., Vancouver,
B.C.
Coast Hotels & Resorts, Vancouver, B.C.
SilverBirch Hotels & Resorts, Vancouver,
B.C.
Temple Hotels Inc., Winnipeg, MB
Days Inns – Canada, Toronto, Ont.
Fortis Properties Corporation, St. John’s,
N.L.
Carlson Rezidor Hotel Group,
Minnetonka, Minn.
Easton’s Group of Hotels, Markham, Ont.
Executive Hotels and Resorts,
Vancouver, B.C.
Holloway Lodging Corporation, Halifax,
N.S.
Accor Canada Inc., Mississauga, Ont.
Groupe Germain Hotels, Montreal, Que.
Genesis Hospitality Inc., Brandon Man.
Skyline Hotels & Resorts, Toronto, Ont.
Airline Hotels Saskatoon, SK
Pomeroy Lodging, Grand Prairie, Alta.
Concord Hospitality Enterprises
Company, Raleigh, N.C.
All data 2015 unless otherwise indicated
Units 2014
85
Revenue 2014
$784.7
173
*$776.0
107
197
110
309
$620.6
*$574.0
$534.8
$526.0
37
$476.2
59
7
162
$461.0
$427.3
$260.0
46
*$207.6
67
+$206.9
29
15
$201.5
$196.2
32
105
23
$188.4
$180.0
$178.0
26
*$159.0
13
16
$109.6
$105.0
35
$97.8
8
10
10
5
9
16
12
$95.0
$73.8
$73.5
$71.1
$67.5
$67.2
$65.0
February 17, 2016
Hotel Association of Canada | 130 Albert St., Suite 1206, Ottawa, ON K1P 5G4 | T: (613) 237-7149 | [email protected]
Page 4
COMPANY & HEAD OFFICE
Lakeview Management Inc., Winnipeg,
Man.
Gouverneur Inc., Montreal, Que.
Sunray Group, Toronto, Ont.
New Castle Hotels & Resorts, Shelton,
Conn.
Sawridge Group of Companies,
Edmonton, Alta.
Rosdev Hospitality, Montreal, Que.
Realstar Hospitality Corp., Toronto, Ont.
Urgo Hotels, L.P., Bethesda, MD
Palm Holdings, Toronto, Ont.
Canadas Best Value Inn, Coral Springs,
FL
Crescent Hotels & Resorts Canada,
Toronto, Ont.
One King West Hotel & Residence,
Toronto, Ont.
Brookstreet Hotel, Ottawa, Ont.
Monte Carlo Inns, Mississauga, Ont.
D.P. Murphy Hotels and Resorts,
Charlottetown, P.E.I.
Bellstar Hotels & Resorts, Calgary, Alta.
Vista Hospitality Group, Kitchener, Ont.
Units 2014
25
Revenue 2014
+$63.7
11
22
7
$57.0
$52.7
$47.7
4
$44.0
7
26
7
11
33
+$43.5
$40.9
$40.4
+$36.0
$28.6
5
$25.0
1
$24.5
1
8
9
$22.5
$21.1
$20.8
10
4
$22.5
$20.0
* Denotes Estimate +Canadian-operated company whose operations outside Canada are reflected in revenues and units.
All data 2015 unless otherwise indicated
February 17, 2016
Hotel Association of Canada | 130 Albert St., Suite 1206, Ottawa, ON K1P 5G4 | T: (613) 237-7149 | [email protected]
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