HENDERSONVILLE, Tenn. — The Canadian hotel industry slowed in the first two weeks of July, posting mixed year-over-year results in the three key performance metrics during the week of July 2 to 8, 2017, according to data from STR.
Year-over-year, the industry reported the following:
• Occupancy: down 1.7 per cent to 73.1 per cent
• Average Daily Rate (ADR): up 5.9 per cent to $170.41
• Revenue Per Available Room (RevPAR): up 4.1 per cent to $124.65
Nova Scotia experienced the largest year-over-year increases in ADR (up 12.5 per cent to $154.75) and RevPAR (a 18.4-per-cent increase to $127.36). Occupancy in the province was up 5.2 per cent to 82.3 per cent.
New Brunswick posted the week’s largest rise in occupancy, growing 7.2 per cent to 80.1 per cent, and the second-highest lift in RevPAR (up 13.5 per cent to $108.94).
Prince Edward Island reported the only double-digit declines in occupancy, dropping 13.5 per cent to 82.3 per cent. RevPAR in the province also declined, falling 12.1 per cent to $152.19, while ADR rose 1.7 per cent to $184.83.
Saskatchewan reported the week’s largest drop in ADR with a 3.7-per-cent decrease to $116.06.