HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of January 20 to 26, according to data from STR.
In year-over-year comparison, the industry reported a one-per-cent drop in occupancy to 55.9 per cent, a 0.9-per-cent increase in Average Daily Rate (ADR) to $ 145.46 and a 0.2-per-cent decrease in Revenue Per Available Room (RevPAR) to $81.27.
Alberta experienced the most significant lift in occupancy (up 4.9 per cent to 49.6 per cent), which resulted in the largest increase in RevPAR (a 4.7-per cent jump to $65.42). Manitoba posted the largest increase in ADR, with an increase of 3.6 per cent to $127.41.
P.E.I. reported the largest declines in both occupancy and RevPAR, which fell 49.4 per cent and 52.3 per cent respectively.
Newfoundland and Labrador registered the steepest drop in ADR (down 8.3 per cent) and the third-largest decline in occupancy (down 6.7 per cent), which resulted in the third-largest decrease in RevPAR (down 14.4 per cent).
