HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of December 23 to 29, according to data from STR.
In year-over-year comparison, the industry reported a 6.4-per-cent decrease in occupancy to 42.1 per cent, a 3.6-per-cent drop in Average Daily Rate (ADR) to $159.88 and a 9.8-per-cent decrease in Revenue Per Available Room (RevPAR) to $67.27.
The Northwest Territories experienced the only increase in occupancy (up 3.7 per cent to 69.9 per cent), but the only double-digit drop in ADR (down 11.4 per cent to $162.45). Prince Edward Island posted the largest lift in ADR (up 6.2 per cent), while Manitoba reported the only other jump in ADR (up 1.2 per cent).
None of the 11 reporting provinces and territories reported RevPAR growth for the week. Newfoundland and Labrador registered the steepest decrease in RevPAR (down 24.2 per cent), due to the second-largest declines in occupancy (down 16.1 per cent) and ADR (a 9.6-per-cent decrease).
Nova Scotia experienced the steepest drop in occupancy (falling 16.4 per cent), which resulted in the second-largest decrease in RevPAR (down 19.6 per cent).