Hotel Occupancy Rate is Still High
In July, the Richmond hotel occupancy rate for the month continued to be strong at 94.3%, which is down slightly over July 2016. The year-to-date (January-July) rate was reported at 82.4%, and is still the highest occupancy rate in Canada, as released by CBRE Hotels’ Trends Report.*
US Overnight Customs Entries Up
For the first time this year, BC saw an increase in year-to-date US overnight entries at 0.4%. The month of June had a 4.8% increase compared to June last year. January to June year to date same day US visitors is up 1.9% over last year. See the full report on international visitor arrivals compiled by Destination BC here.