HENDERSONVILLE, Tenn. — The Canadian hotel industry reported positive results in the three key performance metrics during the week of Jan. 22 to 28, 2017, according to data from STR.
In year-over-year comparisons, the country’s occupancy rose 0.8 per cent to 56 per cent and Average Daily Rate (ADR) increased 1.2 per cent to $137.84. As a result, Revenue per Available Room (RevPAR) grew two per cent to $77.23.
New Brunswick saw the largest year-over-year increases in occupancy, growing 15.6 per cent to 49.6 per cent, while RevPAR increased 16.7 per cent to $55.70. ADR in the province was up 0.9 per cent to $112.29.
Newfoundland and Labrador was the only other province to report a double-digit lift in occupancy — recording an increase of 15.1 per cent to 48.2 per cent — and RevPAR, which grew 14.7 per cent to $63.06). ADR in the province was nearly flat (down 0.3 per cent to $130.84).
Prince Edward Island posted the largest rise in ADR (up 6.3 per cent to $111.06). Alberta reported the steepest declines across the three key metrics. Occupancy in the province fell 5.6 per cent to 46.1 per cent, ADR was down seven per cent to $128.09 and RevPAR dropped 12.2 per cent to $59.09.