TORONTO — The Canadian hotel industry has reported increases in three key performance metrics for the week ending Nov. 2, reports STR, a source of hotel data in the industry.
The changes included increases in occupancy, ADR and RevPAR. In year-over-year comparisons, occupancy rose 5.9 per cent to 59.0 per cent; ADR was up 2.1 per cent to $127.40; and RevPAR increased 8.2 per cent to $75.20.
Among the provinces, Alberta rose 11.8 per cent to 68.2 per cent in occupancy, reporting the largest increase in that metric. The province has also experienced the largest RevPAR increase (17.8 per cent to $95.69). However, Manitoba fell 11.9 per cent to 59.1 per cent, posting the largest occupancy decrease for the week, including the largest decrease in RevPAR of 14.2 per cent to $65.88 and a decrease in ADR by 2.7 per cent to $111.47. P.E.I. reported the largest ADR increase (10.5 per cent to $96.78) for the week.