HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of May 6 to 12, according to data from STR.
In year-over-year comparison, occupancy rose 1.4 per cent to 67.9 per cent, while Average Daily Rate (ADR) increased four per cent to $161.39. Revenue Per Available Room (RevPAR) jumped 5.4 per cent to $109.56.
Prince Edward Island experienced the largest rise in occupancy, recording a 20.2-per-cent increase to 70.5 per cent, which drove the largest jump in RevPAR (up 27.2 per cent to $98.85). British Colombia posted the only double-digit lift in ADR — growing 11.4 per cent to $196.56 — and the only other double-digit increase in RevPAR (up 15.9 per cent to $146.29).
Overall, eight of the 11 reporting provinces and territories saw RevPAR growth.
Newfoundland and Labrador saw the steepest declines in occupancy — falling 25.2 per cent to 51.1 per cent — and RevPAR (down 27.0 per cent to $73.67), while ADR fell 2.4 per cent to $144.12. Alberta registered the largest drop in ADR, falling 4.1 per cent to $137.24, while Nova Scotia reported the second-largest decrease in RevPAR (down 11.9 per cent to $91.77), due to the second-largest decline in occupancy (a 12.8-per-cent drop to 63.3 per cent).
