HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of May 3 to 9.
In year-over-year comparison, occupancy rose 1.2 per cent to 74.6 per cent, while Average Daily Rate (ADR) increased 6.8 per cent to $180.37. Revenue Per Available Room (RevPAR) jumped 8.2 per cent to $134.57.
Quebec reported the only double-digit increases in ADR and RevPAR, up 12.4 per cent (to $238.52) and 15.6 per cent (to $200.22) respectively. Alberta experienced the largest lift in occupancy, climbing 3.5 per cent to 63.8 per cent.
Overall, six of the 11 reporting provinces and territories saw RevPAR growth, with Ontario recording the second-highest growth (up 8.7 per cent to $135.07). British Colombia posted the second-largest lift in ADR (up 9.9 per cent to $211.55), which resulted in the third-largest increase in RevPAR (up 8.5 per cent to $166.90).
Newfoundland and Labrador reported the largest drop in ADR (a 2.1-per-cent decrease to $156.82) and the second-largest decreases in occupancy (falling 18.7 per cent to 66.0 per cent) and RevPAR (down 20.4 per cent to $103.54).
