HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of September 23 to 29, according to data from STR.
In year-over-year comparison, the industry reported a 2.1-per-cent increase in occupancy to 80.3 per cent, 4.3-per-cent growth in Average Daily Rate (ADR) to $174.52 and a 6.5-per-cent increase in Revenue Per Available Room (RevPAR) to $140.06.
Manitoba registered the only double-digit increases in occupancy and RevPAR for the week, which rose 15.5 per cent (to 83.8 per cent) and 22.9 per cent (to $108.77) respectively. Nova Scotia saw the second-largest increase in RevPAR (up 9.2 per cent to $149.99), due primarily to the second-largest jump in ADR (up 7.4 per cent to $171.40).
Overall, nine of the 11 reporting provinces and territories reported an increase in RevPAR, with Saskatchewan registered the steepest decline in RevPAR (down 2.4 per cent to $73.33).