Photo: sandmanhotels.com/locations/newfoundland-labrador/st-johns/hotels/signature-st-johns-zsjn

HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of May 20 to 26. Occupancy dropped 0.6 per cent to 67.1 per cent, while Average Daily Rate (ADR) rose 1.8 per cent to $160.35 and Revenue Per Available Room (RevPAR) recorded a 1.2-per-cent increase to $107.56.

Among the 11 reporting provinces and territories, the Northwest Territories reported the largest increase in RevPAR (up 30.1 per cent to $79.56), due to the highest jump in occupancy (a 31.3-per-cent increase to 50 per cent).

Prince Edward Island posted the only double-digit lift in ADR (up 11.4 per cent to $146.71), which, coupled with the only other double-digit increase in occupancy (up 16.1 per cent to 63.5 per cent), produced the only other double-digit rise in RevPAR (growing 29.3 per cent to $93.12).

Newfoundland and Labrador reported the largest decreases in each of the three key performance metrics, with occupancy falling 26 per cent (to 47.4 per cent), ADR dropping 7.3 per cent (to $140.34) and RevPAR down 31.4 per cent (to $66.46).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.