HENDERSONVILLE, Tenn. — The Canadian hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week ending June 10 2017, according to data from STR.
In year-over-year comparisons, the industry reported the following:
• Occupancy is flat at 73.8 per cent
• Average Daily Rate (ADR) is up 5.0 per cent to $167.45
• Revenue Per Available Room (RevPAR) is up 5.1 per cent to $123.59
British Columbia posted the week’s largest year-over-year increase in RevPAR (up 13.4 per cent to $154.53), driven primarily by a double-digit lift in ADR (up 10.6 per cent to $192.71). Ontario recorded the only other double-digit rise in RevPAR (up 10.3 per cent to $124.10), while Manitoba reported the largest increase in occupancy (up 4.6 per cent to 78.6 per cent).
Alberta saw the steepest decline in RevPAR (down 10.1 per cent to $90.33). Saskatchewan reported the largest drop in ADR (down 9.4 per cent to $119.22). New Brunswick experienced the largest decrease in occupancy (dropping 4.1 per cent to 67.9 per cent).
