HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of August 27 through September 2, according to data from STR.
In year-over-year comparisons, the industry reported occupancy growth of 5.4 per cent to 76.8 per cent, an Average Daily Rate (ADR) increase of 6.9 per cent to $165.47 and a 12.6-per-cent jump in Revenue per Available Room (RevPAR) to $127.15
Manitoba experienced the largest increase in RevPAR, up 28.5 per cent to $92.76, due primarily to the largest rise in occupancy (a 26.3-per-cent increase to 79.2 per cent). British Columbia posted the highest lift in ADR (up 13.3 per cent to $205.49) and the second-largest jump in RevPAR (up 21.9 per cent to $172.87). The only other double-digit increase in occupancy came in Saskatchewan (up 11.3 per cent to 60.7 per cent).
Overall, eight of the 10 reporting provinces experienced a double-digit lift in RevPAR for the week. Three of those provinces registered double-digit growth in ADR. Newfoundland and Labrador saw the only decline in RevPAR, dropping one per cent to $116.74), while Alberta reported the largest decrease in ADR (down 4.7 per cent to $148.07).
Prince Edward Island experienced the only decrease in occupancy, falling 0.6 per cent, even with the highest absolute value in the metric (91.8 per cent).