HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of October 7 to 13, according to data from STR.
In year-over-year comparison, the industry reported a 1.3-per-cent increase in occupancy to 69.6 per cent, 2.5-per-cent growth in Average Daily Rate (ADR) to $158.15 and a 3.9-per-cent increase in Revenue Per Available Room (RevPAR) to $109.99.
P.E.I. reported the only double-digit increase in occupancy (up 14.8 per cent to 70.5 per cent), which drove the highest jump in RevPAR (a 23.6-per-cent increase to $97.60). Nova Scotia posted the only double-digit lift in ADR (up 10.9 per cent to $161.42) and the second-largest increases in occupancy (growing 8.4 per cent to 74.8 per cent) and RevPAR (up 20.2 per cent to $120.75).
Newfoundland and Labrador registered the only decrease in RevPAR (a 13.6-per-cent drop to $64.54), due to the steepest declines in occupancy and ADR (down 8.1 per cent and 5.9 per cent respectively).
