HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry reported positive results during the week of March 26, 2017, with analysts noting performance growth was lifted for the second straight week by an Easter calendar shift (March 2016). Canada reported the following in year-over-year comparisons:
• Occupancy: up 7.6 per cent to 61.8 per cent
• Average daily rate (ADR): up three per cent to $138.23
• Revenue per available room (RevPAR): up 10.8 per cent to $85.44
Ontario recorded the largest year-over-year increase in RevPAR with an increase of 18.7 per cent to $90.95. Growth was driven by the week’s highest rise in ADR (8.9 per cent to $140.50) and the third-largest lift in occupancy (9.1 per cent to 64.7 per cent).
Three additional provinces posted a double-digit increase in RevPAR: Manitoba (up 17 per cent to $86.00), Nova Scotia (up 15.9 per cent to $86.47) and New Brunswick (up 15.2 per cent to $65.06). Manitoba and Nova Scotia also saw double-digit increases in occupancy.
Newfoundland and Labrador experienced the only double-digit declines in occupancy (down 12.9 per cent to 53.8 per cent) and RevPAR (down 14.6 per cent to 469.77), while ADR in the province fell 1.9 per cent to $129.56. Alberta reported the largest decrease in ADR with a 4.5-per-cent drop to $130.44.