HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive results in the three key performance metrics during the week of August 21 to 27, according to data from STR.
In year-over-year comparisons, occupancy increased 5.5 per cent to 79.4 per cent, while average daily rate for the week was up 7.8 per cent to $160.44. Revenue per available room grew 13.8 per cent to $127.42.
Five of the 10 reporting provinces experienced double-digit increases in RevPAR for the week: Quebec (up 23.3 per cent to $152.53), Ontario (up 22.8 per cent to $129.96), British Columbia (a 19.1-per-cent increase to $168.13), P.E.I. (up 15.2 per cent to $166.88) and New Brunswick (up 14.6 per cent to $111.77). Four of those provinces posted a double-digit rise in ADR: P.E.I. reported a 12.6-per-cent increase to $174.08); Quebec grew 11.9 per cent to $172.23; Ontario increased 11.9 per cent to $154.48); and B.C. rose 11.6 per cent to $192.89.
Two provinces saw a double-digit lift in occupancy. Quebec increased 10.2 per cent to 88.6 per cent and New Brunswick grew by 10 per cent to 86.4 per cent.
Newfoundland and Labrador reported the steepest declines across the three key performance metrics. Occupancy in the province fell 10.9 per cent to 79.8 per cent; ADR was down 9.8 per cent to $155.35; and RevPAR dropped 19.7 per cent to $123.90.