HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of July 9 to 15, according to data from STR.
A minor increase of 0.1 per cent saw occupancy rise to 79.2 per cent, Average Daily Rate (ADR) increased 1.3 per cent to $172.67. Revenue per Available Room (RevPAR) also increased — up 1.3 per cent to $136.79.
Nova Scotia experienced the largest year-over-year increases in ADR (up 12.7 per cent to $159.18) and RevPAR (a 24.3-per-cent increase to $142.95). Occupancy growth in the province was the second-highest overall, growing 10.2 per cent to 89.8 per cent.
Manitoba posted the week’s largest rise in occupancy with an 11.3-per-cent jump to 74.8 per cent.
Newfoundland and Labrador reported the steepest declines in occupancy (down 3.6 per cent to 79.6 per cent) and RevPAR (dropping 8.1 per cent to $122.93). Saskatchewan reported the week’s largest drop in ADR with a decrease of 5.8 per cent to $114.81.