HENDERSONVILLE, Tenn. — The Canadian hotel industry reported positive year-over-year results in the three key performance metrics during the week of May 28, according to data from STR.
In year-over-year comparisons, the industry reported the following:
• Occupancy: up 0.9 per cent to 72.2 per cent
• Average daily rate (ADR): up 7.4 per cent to $158.95
• Revenue Per Available Room (RevPAR): 8.3-per-cent increase to $114.71
Ontario posted the largest year-over-year increase in RevPAR (up 16.5 per cent to $123.70), driven primarily by the week’s highest jump in ADR (12.8-per-cent jump to $161.82). Occupancy in the province rose 3.3 per cent to 76.4 per cent.
Three additional provinces saw double-digit growth in RevPAR for the week: British Columbia (up 15.8 per cent to $144.83), Quebec (up 11.9 per cent to $132.96) and Nova Scotia (growing 11.9 per cent to $115.17).
Quebec experienced the largest increase in occupancy, growing 5.1 per cent to 78.9 per cent, while Newfoundland and Labrador reported the steepest declines across the three key performance metrics. Occupancy fell 10.2 per cent to 72.2 per cent, ADR was down seven per cent to $148.93 and RevPAR dropped 16.5 per cent to $107.52.
Two other provinces registered a double-digit decrease in RevPAR for the week: Saskatchewan (down 12.3 per cent to $67.71) and Alberta (a 12-per-cent drop to $82.47).