HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of December 16 to 22, according to data from STR.
In a year-over-year comparison, the industry reported an eight-per-cent increase in occupancy to 40 per cent. The Average Daily Rate (ADR) dropped 2.2 per cent to $136.28 during the week, but RevPAR rose 5.7 per cent to $54.48.
Nova Scotia reported the largest increase in RevPAR (up 19.7 per cent), due primarily to the highest rise in occupancy (up 17.2 per cent). Prince Edward Island posted the largest jump in ADR (up 6.5 per cent), while Manitoba saw the second-highest jump in RevPAR (up 15.6 per cent). Overall, seven of 11 provinces and territories saw RevPAR growth.
Newfoundland and Labrador experienced the largest drop in RevPAR (down 2.7 per cent) because of the second-largest drop in ADR (down 8.3 per cent), while Alberta reported the steepest decline in ADR (down 9.5 per cent). The Northwest Territories experienced the only decrease in occupancy (down 3.3 per cent).
