HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of November 18 to 24, according to data from STR.
In year-over-year comparison, the industry reported a 0.6-per-cent increase in occupancy to 62.1 per cent, 1.4-per-cent growth in Average Daily Rate (ADR) to $143.80 and a 2.1-per-cent increase in Revenue Per Available Room (RevPAR) to $89.26.
Manitoba was the only province to report a double-digit increase in RevPAR (up 12.5 per cent), due primarily to the largest rise in occupancy (up 8.7 per cent). The Northwest Territories posted the largest lift in ADR — a 6.3-per-cent increase to $171.49.
British Columbia reported the second-highest increases in ADR and RevPAR, which were up 5.2 per cent and 9.8 per cent, respectively.
Newfoundland and Labrador saw the only double-digit decreases in occupancy and RevPAR — with decreases of 10.3 per cent and 17.2 per cent, respectively — as well as the steepest decline in ADR (down 7.6 per cent). P.E.I. registered the second-largest drops in occupancy (falling 8.2 per cent) and RevPAR (down seven per cent).
