HENDERSONVILLE, Tenn. — The Canadian hotel industry reported negative year-over-year results in the three key performance metrics during the week of August 23 to 31, according to data from STR.
In a year-over-year comparison, the industry reported a one-per-cent decrease in occupancy to 76.9 per cent, a 0.5-per-cent dip in Average Daily Rate (ADR) to $172.94 and a 1.6-per-cent drop in Revenue Per Available Room (RevPAR) to $132.92.
New Brunswick saw the only double-digit increase in RevPAR (up 11.2 per cent to $114.69), due largely to the largest lift in ADR (up 5.9 per cent to $140.48). The province also saw the second-largest increase in occupancy, which was up five per cent to 81.6 per cent.
Newfoundland and Labrador experienced the most significant lift in occupancy and RevPAR, which increased 7.5 per cent and 6.5 per cent respectively.
Manitoba registered the steepest decline in RevPAR (a 6.9-per-cent decrease); Alberta posted the largest drop in ADR (down four per cent); and Ontario reported the steepest decrease in occupancy (falling 3.9 per cent).
