HEDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry experienced positive results in all three key performance metrics during the week of July 24 to 30, 2016.
In year-over-year comparisons, Canada’s occupancy went up by 3.1 per cent to 80.5 per cent; the average daily rate for the week was up 7.5 per cent to $167.10; and revenue per available room grew 10.9 per cent to $134.60.
Among the provinces, Ontario demonstrated the largest year-over-year increases across the three key performance metrics. Occupancy rose by 7.2 per cent to 84.5 per cent; ADR went up 13.4 per cent to $164.12; and RevPAR climbed 21.6 per cent to $138.67.
Aside from Ontario, four other provinces reported a double-digit increase in RevPAR for the week: B.C., up 15.3 per cent to $284.81; Nova Scotia, up 14.7 per cent to $129.34; New Brunswick, up 11.1 per cent to $118.54; and P.E.I., up 10.2 per cent to $171.33.
Overall, six of the 10 reporting provinces saw double-digit growth in RevPAR.
B.C. was the only other province to see a double-digit increase in ADR, up 10.8 per cent to $206.01.
Alberta had the largest decreases in the three key metrics, with occupancy rates down 6.3 per cent to 64.7 per cent; ADR falling 7.5 per cent to $148.01; and RevPAR dropping 13.3 per cent to $95.78.
No other province reported a double-digit decrease in the metrics for the week.