HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of August 19 to 25, according to data from STR.
In year-over-year comparison, the industry reported a 0.7-per-cent increase in occupancy to 81.4 per cent, 3.8-per-cent growth in Average Daily Rate (ADR) to $178.97 and a 4.5-per-cent increase in Revenue Per Available Room (RevPAR) to $145.59.
Saskatchewan reported the largest increase in RevPAR (up 11.6 per cent to $75.30), due to the only double-digit rise in occupancy (up 11.9 per cent to 65.5 per cent). British Columbia posted the largest jump in ADR and the third-highest increase in RevPAR — up 11.2 per cent and 10.4 per cent respectively.
Overall, eight of the 10 reporting provinces and territories registered RevPAR growth.
Newfoundland and Labrador saw the only double-digit declines in each of the three key performance metrics, with occupancy down 14.4 per cent, ADR falling 10.4 per cent and RevPAR decreasing by 23.4 per cent.
Quebec reported the second-largest decreases in ADR and RevPAR, which fell 2.3 per cent and 5.4 per cent respectively. Prince Edward Island experienced the second-largest drop in occupancy (down 4.2 per cent to 93.8 per cent).
