Canadian hotels reported mostly positive results in the three key performance metrics for the second quarter of 2015, according to data from STR, Inc.
In year-over-year results, the Canadian hotel industry’s occupancy was down 0.3 per cent to 67.1 per cent. However, its revenue per available room (RevPAR) increased 4.5 per cent to $96.63.
Among the provinces, British Columbia reported the highest RevPAR increase during the quarter, up 13.4 per cent to $111.11. Manitoba also reported a double-digit increase in RevPAR, up 11.6 per cent to $81.57.
Alberta experienced the steepest RevPAR decline for the quarter, down 7.6 per cent to $93.81.
The industry also reported an increase in average daily rate (ADR), rising 4.8 per cent to $144.12. British Columbia led the provinces in this metric as well, reporting an increase of 9.3 per cent to $157.33.
