HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of Oct. 22 to 28, 2017, according to data from STR.
In comparison with the week of Oct. 23 to 29, 2016, the industry reported the following:
Occupancy: up 7.7 per cent to 69.5 per cent
Average daily rate (ADR): up six per cent to $150.74
Revenue per available room (RevPAR): up 14.1 per cent to $104.84
Among the provinces and territories, Nova Scotia posted the week’s highest lift in RevPAR (up 32.7 per cent to $116.69), due primarily to the week’s largest rise in ADR (up 14.7 per cent to $148.35).
The Northwest Territories reported the second-highest increase in RevPAR (up 26.3 per cent to $127.22), due to the week’s largest increase in occupancy (up 26.4 per cent to 79.3 per cent).
Overall, each of the 10 reporting provinces and one reporting territory experienced growth in RevPAR for the week.
The only three decreases reported in any of the metrics were in Saskatchewan (ADR down 2.2 per cent to $122.70), Manitoba (ADR down 0.3 per cent to $125.37) and the Northwest Territories (ADR down 0.1 per cent to $160.52).
