HENDERSONVILLE, Tenn. — The Canadian hotel industry reported positive year-over-year results in the three key performance metrics during the week of July 1 2017, according to data from STR.
In year-over-year comparisons, the industry reported the following:
• Occupancy: up 4.8 per cent to 74.0 per cent
• Average Daily Rate (ADR): up 11.0 per cent to $173.58
• Revenue Per Available Room (RevPAR): up 16.4 per cent to $128.53
Manitoba experienced the largest year-over-year increases in occupancy (up 24.7 per cent to 73.6 per cent) and RevPAR (up 26.5 per cent to $86.72). Ontario posted the week’s largest rise in ADR (up 18.1 per cent to $175.76) and the second-highest lift in RevPAR (up 24.9 per cent to $138.61).
Six of the 11 reporting provinces experienced double-digit increases in RevPAR for the week.
Newfoundland and Labrador reported the only declines in occupancy (down 10.1 per cent to 70.7 per cent) and RevPAR (down 15.3 per cent to $108.47), as well as the largest decrease in ADR (down 5.8 per cent to $153.32).