HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of January 27 to February 2, according to data from STR.
In a year-over-year comparison, the industry reported a 1.8-per-cent increase in occupancy to 56.6 per cent. The Average Daily Rate (ADR) rose 2.1 per cent to $147.29 during the week, while Revenue Per Available Room (RevPAR) was up 3.9 per cent to $83.35.
Among the provinces and territories, Prince Edward Island reported the only double-digit increases in each of the three key performance metrics: occupancy (up 61.2 per cent to 49.5 per cent), ADR (up 14 per cent to $119.90) and RevPAR (up 83.8 per cent to $59.35).
B.C. reported the second-highest rise in occupancy (up 5.1 per cent), which drove the second-largest jump in RevPar (up 8.8 per cent). The Northwest Territories posted the third-largest increase in RevPAR (up 8.3 per cent).
Meanwhile, Newfoundland and Labrador registered the steepest decreases in each of the three key performance metrics: occupancy (down 8.4 per cent to 40.2 per cent), ADR (down four per cent to $123.67) and RevPAR (down 12 per cent to $49.68). Quebec posted the second-largest decline in occupancy (down 4.4 per cent) and RevPAR (down four per cent to $82.99).