HENDERSON, Tenn. — The Canadian hotel industry reported an overall occupancy increase of 4.2 per cent to 45.5 per cent during the week of Dec. 27, 2015 to Jan. 2, 2016, according to data from STR, Inc. Average daily rate for the week was up 4.7 per cent to $152.06 and RevPAR increased 9.1 per cent to $69.22.
P.E.I. reported the largest increases in both occupancy (+28.9 per cent to 27.9 per cent) and RevPAR (+28.6 per cent to $25.31). Three additional provinces experienced a RevPAR increase of more than 15 per cent: Nova Scotia (+20.2 per cent to $45.98), B.C. (+19.7 per cent to $117.42) and Ontario (+17.6 per cent to $61.86), while Alberta and Saskatchewan were the only two provinces to report a drop in RevPAR.
B.C. posted the largest rise in ADR, up 8.9 per cent to $203.36 and Saskatchewan reported the largest decrease in ADR, down 3.0 per cent to $122.98. After P.E.I., two other provinces saw a double-digit increase in occupancy: Nova Scotia (+12.6 per cent to 37.2 per cent) and Ontario (+11.4 per cent to 47.1 per cent). Alberta experienced the steepest occupancy decline, dropping 16.1 per cent to 34.6 per cent.
