HENDERSONVILLE, Tenn. — According to STR data, the Canadian hotel industry reported positive results in all three key performance metrics for the second-quarter of 2016.
Compared to Q2 2015, occupancy was nearly flat (up 0.4 per cent to 67.1 per cent), while average daily rate increased 2.5 per cent to $146.90. RevPAR increased 2.9 per cent to $98.62.
Of all the provinces, P.E.I. recorded the largest year-over-year increases across the three key performance metrics. Occupancy in the province rose 10 per cent to 58.7 per cent; ADR was up 6.6 per cent to $137.61; and RevPAR grew 17.3 per cent to $80.82.
The only other double-digit increase occurred in Nova Scotia, where RevPAR rose 14.7 per cent to $91.63.
Alberta experienced the steepest declines in occupancy (a drop of 7.8 per cent to 57.3 per cent) and RevPAR (down 11.1 per cent to $82.79). Saskatchewan reported the largest drop in ADR, down 4.7 per cent to $127.50, as well as a double-digit decline in RevPAR (down 10.2 per cent to $72.92).