HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry reported mostly positive results in the three key performance metrics during the week of March 12, 2017.
In year-over-year comparison, occupancy remained flat at 62.2 per cent, while Average Daily Rate (ADR) and Revenue per Available Room (RevPAR) each increased by 2.6 per cent to $138.24 and $85.98 respectively.
Newfoundland and Labrador saw the largest year-over-year increases in occupancy (up 21.4 per cent to 62.1 per cent) and RevPAR (up 22.9 per cent to $82.83). ADR in the province also rose 1.3 per cent to $133.29. P.E.I. recorded the only other double-digit increases in occupancy (up 10.7 per cent to 37.8 per cent) and RevPAR (up 20.9 per cent to $41.34), as well as the largest lift in ADR (up 9.3 per cent to $109.38).
Saskatchewan reported the largest decreases in ADR and RevPAR, with respective decreases of 3.8 per cent and 10.2 per cent. New Brunswick experienced the steepest decline in occupancy.
