HENDERSONVILLE, Tenn. — STR reported mostly positive results for the Canadian hotel industry in the three key performance metrics during the week of Jan. 1 to 7.
In year-over-year comparisons, occupancy was nearly flat at a slight decline of 0.3 per cent. The Average Daily Rate (ADR) rose seven per cent to $135.34 and Revenue per Available Room (RevPAR) grew 6.7 per cent to $53.54.
Quebec was the only province to record a double-digit increase in occupancy (up 30.2 per cent to 49.7 per cent) and the largest rise in RevPAR (up 47.7 per cent to $72.62). ADR in the province climbed 13.5 per cent to $146.02.
The highest ADR growth was recorded by B.C. (up 19.3 per cent to $177.23). The province also enjoyed the highest double-digit rise in RevPAR (up 23.9 per cent to $75.29).
Nova Scotia experienced the steepest declines in occupancy (down 22.5 per cent to 28.3 per cent) and RevPAR (down 21.7 per cent to $32.55). ADR, however, rose 1.1 per cent to $114.87.
Three other provinces experienced a double-digit drop in RevPAR for the week: P.E.I. fell 25.5 per cent to $19.66; Saskatchewan dropped 21.4 per cent to $36.12; and Newfoundland and Labrador went down 13.7 per cent to $37.40.
Saskatchewan suffered the largest decline in ADR (down 9.3 per cent to $113.74).
Three other provinces saw a double-digit drop in occupancy: Prince Edward Island recorded a 19.1-per-cent decrease to 21.7 per cent; Alberta fell 14.1 per cent to 30.8 per cent and Saskatchewan dipped 13.3 per cent to 31.8 per cent.
