HENDERSONVILLE, Tenn. — STR reported positive results for the Canadian hotel industry in the three key performance metrics during the week of Nov. 6 to 12.
In year-over-year comparisons, Canada’s occupancy grew 8.1 per cent to 61 per cent. The Average Daily Rate (ADR) for the week was up 4.4 per cent to $137.93 and Revenue per Available Room (RevPAR) grew 12.8 per cent to $84.13.
Among the provinces, B.C. recorded the largest increases across the three key performance metrics. Its occupancy rose 23.7 per cent to 60.5 per cent; ADR grew 11 per cent to $141.79; and RevPAR soared 37.3 per cent to $85.76.
Manitoba and P.E.I. also enjoyed occupancy and RevPAR increases greater than 20 per cent. Manitoba’s occupancy rose 22.6 per cent to 63.5 per cent and its RevPAR was up 24.9 per cent to $75.92. P.E.I. posted a 22.5-per-cent increase in occupancy to 39.1 per cent and a 26.7-per-cent surge in RevPAR to $40.77.
In all, seven of the 10 reporting provinces reported double-digit growth in RevPAR for the week.
Newfoundland saw the largest decreases in occupancy (down by 4.5 per cent to 51.2 per cent) and RevPAR (down by 5.7 per cent to $68.25).
Saskatchewan reported the biggest drop in ADR, which was down three per cent to $124.13.