HENDERSONVILLE, Tenn. — The Canadian hotel industry reported positive results in the three key performance metrics for the week ending April 29, 2017. According to data from STR, the industry reported the following year-over-year comparisons:
• Occupancy: up 7.5 per cent to 69.2 per cent
• Average Daily Rate (ADR): up 5.9 per cent to $143.97
• Revenue per Available Room (RevPAR): 13.8-per-cent increase to $99.61
Prince Edward Island reported the largest spikes in occupancy (a 44-per-cent jump to 62.5 per cent) and RevPAR (up 48.8 per cent to $72.43). ADR in the province rose 3.3 per cent to $115.94. Manitoba was the only other province to see both occupancy (up 22.3 per cent to 80 per cent) and RevPAR (up 26.6 per cent to $100.55) growth above 20 per cent.
British Columbia posted the only double-digit rise in ADR, growing 10.5 per cent to $158.77, while Saskatchewan reported the only decreases in the metrics with declines in ADR (down four per cent to $121.91) and RevPAR (a 2.2-per-cent drop to $70.03).