HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of Nov. 26 to Dec. 2, 2017, according to data from STR.
In year-over-year comparison, the industry reported the following:
• Occupancy: up three per cent to 61.7 per cent.
• Average Daily Rate (ADR): up 4.1 per cent to $143.10
• Revenue Per Available Room (RevPAR): up 7.2 per cent to $88.26
Among the reporting provinces and territories, Ontario posted the largest year-over-year increase in RevPAR (up 12.6 per cent to $106.74), due mostly to the week’s highest lift in ADR (up eight per cent to $153.98).
Two additional provinces saw double-digit growth in RevPAR — Nova Scotia (up 11 per cent to $76.21) and Quebec (up 10.7 per cent to $98.83). Manitoba experienced the largest increase in occupancy (up 5.6 per cent to 70.8 per cent).
The Northwest Territories saw the only double-digit declines in occupancy (down 14.2 per cent to 62.2 per cent) and RevPAR (down 18.7 per cent to $97.46). Saskatchewan reported the steepest drop in ADR (down 5.3 per cent to $117.56).
