HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of Nov. 19 to 25.
In year-over-year comparisons, occupancy for the week rose to 61.8 per cent (up 5.1 per cent), while Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR) increased by 4.3 per cent (to $141.30) and 9.7 per cent (to $87.34) respectively.
Of the 11 reporting provinces and territories, Nova Scotia reported the largest increase in RevPAR (up 20.1 per cent to $85.36), due in part to the week’s highest lift in ADR (up 9.9 per cent to $131.37). The Northwest Territories experienced the highest rise in occupancy (up 15.9 per cent to 81.5 per cent) and the second-largest increase in RevPAR (up 16.1 per cent to $131.55).
Overall, seven provinces and territories reported a double-digit rise in RevPAR.
Newfoundland and Labrador and Manitoba experienced the only decreases in occupancy, down 10.8 per cent and 1.3 per cent respectively.