HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of December 2 to 8, according to data from STR.
In year-over-year comparison, the industry reported a three-per-cent increase in occupancy to 61.2 per cent, 3.3-per-cent growth in Average Daily Rate (ADR) to $145.89 and a 6.4-per-cent increase in Revenue Per Available Room (RevPAR) to $89.24.
Quebec reported the largest increase in RevPAR (up 22.4 per cent), driven by the only double-digit lift in ADR and the second-highest increase in occupancy. Manitoba experienced the largest increase in occupancy (up 11.7 per cent) and the only other double-digit jump in RevPAR (up 17.3 per cent).
The Northwest Territories posted the second-largest increase in ADR (a 8.5-per-cent increase to $167.26), but saw a 19.6-per-cent drop in occupancy — the week’s steepest decrease in occupancy. Newfoundland and Labrador posted the largest decreases in ADR and RevPAR, which fell 9.7 per cent and 24.7 per cent respectively.
Prince Edward Island experienced the second-largest drop in occupancy (down 19.2 per cent), which resulted in the second-steepest decline in RevPAR (down 19.8 per cent).