HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of Dec. 17 to 23, according to data from STR.
In year-over-year results, occupancy rose 8.5 per cent to 37 per cent, while Revenue Per Available Room (RevPAR) grew 6.4 per cent to $50.57. Average Daily Rate (ADR) fell slightly (down 1.9 per cent) to $136.52.
Nine of the 11 reporting provinces and territories reported RevPAR growth, with New Brunswick reporting the largest increase in RevPAR (up 22.1 per cent to $29.42), due primarily to the largest increase in occupancy (up 16.0 per cent to 27.7 per cent).
Ontario posted the largest increase in ADR (up 5.4 per cent to $124.72). Manitoba experienced the second-largest rise in occupancy (up 14.6 per cent to 40.9 per cent) and RevPAR (up 18.7 per cent to $45.90).
The Northwest Territories experienced the only decline in occupancy (down 2.3 per cent to 55.7 per cent) and the largest decrease in RevPAR (dropping 9.5 per cent to $88.22). Alberta reported the only double-digit drop in ADR (down 11.3 per cent to $125.45).