HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of Sept. 24 to 30, 2017, according to data from STR.
In year-over-year comparison, the industry reported the following:
Occupancy: up 2.8 per cent to 78.6 per cent.
Average daily rate (ADR): up 5.5 per cent to $167.12
Revenue per available room (RevPAR): up 8.5 per cent to $131.33
Among the provinces, British Columbia posted the week’s highest increase in RevPAR (up 15.2 per cent to $155.26), due primarily to the week’s only double-digit rise in ADR (up 11.4 per cent to $190.97).
Three additional provinces reported double-digit growth in RevPAR, including Nova Scotia (up 13.9 per cent to $137.78), Ontario (up 11.2 per cent to $142.33) and New Brunswick (up 10.1 per cent to $95.75).
Overall, nine of the 11 reporting provinces experienced growth in RevPAR for the week. Quebec reported the largest decline in RevPAR (down 2.8 per cent to $155.32), due to the largest drop in occupancy (down four per cent to 85.4 per cent).
Newfoundland and Labrador experienced the largest rise in occupancy (up 6.1 per cent to 82.8 per cent).
Saskatchewan experienced the largest decrease in ADR (down 3.2 per cent to $119.66).