HENDERSONVILLE, Tenn. — The Canadian hotel industry reported positive results in the three key performance metrics during the week of Jan. 29 through Feb. 4, 2017, according to data from STR.
In year-over-year comparison, the country saw RevPAR increase by 4.7 per cent to $76.07, ADR climb to $138.35 (up 4.7 per cent) and a 1.8-per-cent increase in occupancy rates (to 55 per cent).
During the week, P.E.I recorded the largest increases across the three metrics, with occupancy rising 24.9 per cent, ADR up 10.6 per cent and RevPAR growing by 38.2 per cent.
However, not all provinces reported positive results. Saskatchewan experienced year-over-year declines in occupancy, ADR and RevPAR of 13 per cent, 9.1 per cent and 20.9 per cent respectively.
