HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry reported positive results during the week of April 8, 2017.
In year-over-year comparison, the country saw increases in all three key performance metrics, with occupancy up 5.6 per cent to 63.7 per cent, Average daily rate (ADR) up 3.6 per cent to $143.30 and Revenue per Available Room (RevPAR) up 9.4 per cent to $91.25.
P.E.I. recorded the largest year-over-year increases in occupancy and RevPAR, up 28.9 per cent and 39 per cent respectively. ADR for the week also rose 7.9 per cent to $110.72.
Nova Scotia was the only other province to experience double-digit growth in occupancy (up 17.9 per cent to 69.8 per cent), while Ontario posted the largest increase in ADR (up 9.5 per cent to $149.15) and the only other double-digit lift in RevPAR (up 17.1 per cent to $105.14).
Newfoundland and Labrador reported the largest decreases across the three key performance metrics. Occupancy dipped 1.6 per cent to 54.1 per cent, ADR was down 4.4 per cent to $128.29 and RevPAR dropped six per cent to $69.45.
