HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of October 14 to 20, according to data from STR.
In year-over-year comparison, the industry reported a 1.9-per-cent increase in occupancy to 75.1 per cent, 1.9-per-cent growth in Average Daily Rate (ADR) to $160.94 and a 3.8-per-cent increase in Revenue Per Available Room (RevPAR) to $120.85.
Alberta experienced the highest rise in occupancy, with a 6.9-per-cent increase to 62.3 per cent, while B.C. reported the only double-digit increase in RevPAR (up 10.8 per cent), due primarily to the second-largest increase in ADR (up 7.4 per cent).
Newfoundland and Labrador registered the largest decreases in each of the three key performance metrics, with occupancy down 13.9 per cent, ADR falling 9.4 per cent and a 22-per-cent decline in RevPAR. P.E.I. posted the second-largest declines in occupancy and RevPAR — down 6.3 per cent and 4.8 per cent respectively.
