HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded mixed year-over-year results in three key performance metrics during the week of September 9 to 15, according to data from STR.
In year-over-year comparison, the industry reported a 0.7-per-cent drop in occupancy to 78.5 per cent, 4.3-per-cent growth in Average Daily Rate (ADR) to $177.99 and a 3.6-per-cent increase in Revenue Per Available Room (RevPAR) to $139.71.
New Brunswick reported the largest increase in RevPAR (up seven per cent to $108.48), largely due to the second-highest rise in occupancy (a 4.4-per-cent increase to 80.1 per cent). British Columbia posted the largest lift in ADR, resulting in the second-largest jump in RevPAR — up 8.2 per cent and 6.8 per cent respectively.
Overall, seven of the 10 reporting provinces and territories reported an increase in RevPAR.
Newfoundland and Labrador registered the only double-digit decreases in occupancy and RevPAR, which fell 10.7 per cent and 11.5 per cent respectively. The province also reported the second-largest decline in ADR (down 0.9 per cent to $156.32). Alberta saw the steepest drop in ADR (down 1.1 per cent), as well as the second-largest decreases in occupancy (a 3.8-per-cent drop) and RevPAR (down 4.9 per cent).