HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of November 4 to 10, according to data from STR.
In year-over-year comparison, the industry reported a 2.4-per-cent increase in occupancy to 66.2 per cent, 2.7-per-cent growth in Average Daily Rate (ADR) to $149.33 and a 5.2-per-cent increase in Revenue Per Available Room (RevPAR) to $98.92.
New Brunswick registered the largest increases in occupancy and RevPAR, which increased 16.3 per cent and 21.8 per cent respectively. Manitoba saw the only other double-digit jump in occupancy, climbing 11.4 per cent.
The Northwest Territories posted the only double-digit increase in ADR (up 14.1 per cent) despite a 10.1-per-cent drop in occupancy.
Newfoundland and Labrador reported the steepest declines in each of the three key performance metrics, with occupancy falling 12.6 per cent, ADR down 9.6 per cent and a 21-per-cent decrease in RevPAR.