HENDERSONVILLE, Tenn. — The Canadian hotel industry reported mostly positive year-over-year results in the three key performance metrics during Q1 2019, according to data from STR.
In a year-over-year comparison, the industry reported a 0.5-per-cent decline in occupancy to 56.7 per cent. The Average Daily Rate (ADR) rose 1.2 per cent to $148.68 for the quarter, while Revenue Per Available Room (RevPAR) was up 0.7 per cent to $84.24. Absolute ADR and RevPAR levels were the highest for any Q1 in STR’s Canada database.
In absolute values, March was Canada’s top month of the quarter for occupancy (60.5 per cent) and RevPAR ($89.86), while February was the top month for ADR ($149.96).
Prince Edward Island recorded the quarter’s largest increases in each of the three key performance metrics, with occupancy up 3.2 per cent to 38.1 per cent, ADR climbing 4.4 per cent to $111.74) and a 7.8-per-cent increase in RevPAR to $42.60.
Manitoba experienced the second-highest rise in occupancy (up 1.6 per cent to 62.1 per cent), while British Columbia saw the second-largest jump in RevPAR (up 2.9 per cent to $110.25).
Newfoundland and Labrador posted the steepest decline in each of the three key performance metrics, with a 5.9-per-cent decline in occupancy, ADR down 7.4 per cent and RevPAR dropping 12.9 per cent.