HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of Sept. 3 to 9 2017, according to data from STR.
In year-over-year comparisons, the industry reported occupancy growth of three per cent to 70.9 per cent, an Average Daily Rate (ADR) increase of five per cent to $166.62 and a 8.1-per-cent jump in Revenue Per Available Room (RevPAR) to $118.08.
Manitoba experienced the week’s largest increase in RevPAR (up 37.2 per cent to $90.65), due primarily to the largest rise in occupancy (up 34.2 per cent to 76.7 per cent). British Columbia posted the only double-digit lift in ADR (up 10.2 per cent to $193.90) and the second-largest jump in RevPAR (up 14.9 per cent to $153.95).
Overall, nine of the 11 reporting provinces experienced a lift in RevPAR for the week. Newfoundland and Labrador experienced the largest decrease in RevPAR (down 2.3 per cent to $103.45).
After Manitoba, Saskatchewan experienced the only other double-digit increase in occupancy (up 10.3 per cent to 57 per cent). P.E.I. experienced the largest decrease in occupancy (down 1.1 per cent to 81.9 per cent).