HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 11-17 February 2018, according to data from STR.
In comparison with the week of 12-18 February 2017, the industry reported that occupancy rose 1.3 per cent to 58.6 per cent with the average daily rate (ADR) climbing 3.6 per cent to $146.50. Revenue per available room (RevPAR) was up 4.9 per cent to %85.80.
Among the provinces and territories, New Brunswick reported the largest increase in RevPAR, increasing 32.6 per cent to $62.61, due primarily to the largest rise in occupancy, up 23.8 per cent to 52.5 per cent.
Prince Edward Island posted the only double-digit lift in ADR, growing 13 per cent to $119.57.
The Northwest Territories experienced the only other double-digit jump in occupancy, up 21.2 per cent to 95.2 per cent, and the second-highest increase in RevPAR, growing 24 per cent to $157.35.
Overall, eight of the 11 reporting provinces and territories reported growth in RevPAR.
Quebec experienced the largest decreases in occupancy, falling 7.1 per cent to 63.8 per cent and RevPAR down 5.4 per cent to $96.02. Saskatchewan reported the steepest drop in ADR, down 4.1 per cent to $114.74, and the second-largest decline in RevPAR, dropping 3.7 per cent to $56.76.
