HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of July 23 to 29, according to data from STR. Occupancy rose 0.4 per cent to 81 per cent while Average Daily Rate (ADR) increased 3.3 per cent to $174.55 and Revenue Per Available Room (RevPAR) grew 3.7 per cent to $141.31

Manitoba experienced the only double-digit increase in occupancy (up 13 per cent to 73.7 per cent) and reported the highest RevPAR growth (up 19.6 per cent to $90.81). Nova Scotia posted the week’s only double-digit lift in ADR, reporting an 11.5-per-cent increase to $162.02, and showed the only other double-digit rise in RevPAR (up 11.6 per cent to $144.41).

Newfoundland and Labrador recorded the largest drop in RevPAR, falling 7.5 per cent to $140.92 due to the week’s largest decrease in ADR (down 5.6 per cent to $159.66). Quebec reported the steepest decline in occupancy, falling 2.4 per cent to 85.2 per cent.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.