HENDERSONVILLE, Tenn. — STR reported positive results for the Canadian hotel industry in the three key performance metrics during the week of Dec. 11 to 17.
In year-over-year comparisons, occupancy grew 13.9 per cent to 50.1 per cent. The Average Daily Rate (ADR) was up 3.7 per cent to $130.65 and Revenue per Available Room (RevPAR) grew 18.2 per cent to $65.48.
P.E.I. enjoyed the largest year-over-year increases in occupancy (up 26.8 per cent to 33 per cent) and RevPAR (up 30.4 per cent to $32.21).
Three other provinces experienced an occupancy increase of more than 15 per cent: Quebec climbed 19.5 per cent to 54.4 per cent; Ontario jumped 17 per cent to 53.7 per cent; and B.C. grew 16.3 per cent to 50.6 per cent.
Three other provinces reported an increase in RevPAR of greater than 20 per cent: Quebec soared 26.1 per cent to $74.54; Ontario jumped 25.6 per cent to $69.86; and B.C. rose 22.8 per cent to $71.60.
The highest ADR growth was recorded by Ontario (up 7.4 per cent to $130.11).
Overall, all 10 provinces recorded increases in occupancy and RevPAR, with six provinces seeing double-digit growth in the two metrics.
ADR for the week dropped in three provinces with Alberta reporting the steepest decline (down 4.6 per cent to $127.26).
