HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry experienced positive results in all three key performance metrics during the week of Aug. 28 to Sept. 3.
In year-over-year comparisons, Canada’s occupancy went up by 2.1 per cent to 73 per cent; the average daily rate for the week was up 6.4 per cent to $153.85; and revenue per available room grew 8.7 per cent to $112.27.
Among the provinces, P.E.I. demonstrated the largest year-over-year increases across the three key performance metrics. Occupancy rose by 14.4 per cent to 92.7 per cent; ADR went up 12.4 per cent to $160.73; and RevPAR climbed 28.4 per cent to $149.05.
Four other provinces reported a double-digit increase in RevPAR for the week: B.C., up 12.6 per cent to $142.22; Nova Scotia, up 16.9 per cent to $125.36; Quebec, up 15.6 per cent to $129.92; and Ontario, up 14 per cent to $115.
B.C. was the only other province to see a double-digit increase in ADR, up 10.8 per cent to $181.24.
Alberta had the largest decreases in the three key metrics, with occupancy rates down 5.5 per cent to 54.2 per cent; ADR falling 6.2 per cent to $119.14; and RevPAR dropping 11.3 per cent to $64.62.
