HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded mostly positive year-over-year results in the three key performance metrics during the week of Feb. 3 to 9, 2019, according to data from STR.
While occupancy dropped 0.1 per cent to 57.1 per cent, Average Daily Rate (ADR) increased 1.6 per cent to $147.03 and Revenue Per Available Room (RevPAR) grew 1.5 per cent to $84.01.
Prince Edward Island reported the largest year-over-year increases in occupancy — up 7.7 per cent to 46.4 per cent — as well as the only double-digit rise in RevPAR (up 13.2 per cent to $56.08).
British Columbia posted the largest jump in ADR (up 5.4 per cent to $171.87) and the second-largest lift in RevPAR (a 9.3-per-cent increase to $108.93).
Newfoundland and Labrador, meanwhile, reported the steepest declines across the three key performance metrics. Occupancy fell 11.9 per cent to 35.9 per cent, ADR dropped 4.2 per cent to $122.98 and RevPAR decreased by 5.7 per cent to $44.13.