During the week of 24-30 September 2017, Canada’s hotel industry reported occupancy rose 2.8% year-over-year to 78.6%, and a 5.5% ADR increase to 167.12 Canadian dollars ($133.25) pushed RevPAR up 8.5% to CA$131.33 ($104.71).
By HNN Newswire
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 24-30 September 2017, according to data from STR.
In comparison with the week of 25 September through 1 October 2016, the industry reported the following:
Occupancy: +2.8% to 78.6% Average daily rate (ADR): +5.5% to CAD167.12 Revenue per available room (RevPAR): +8.5% to CAD131.33
Among the provinces, British Columbia posted the week’s highest increase in RevPAR (+15.2% to CAD155.26), due primarily to the only double-digit rise in ADR (+11.4% to CAD190.97).
Three additional provinces reported double-digit growth in RevPAR: Nova Scotia (+13.9% to CAD137.78), Ontario (+11.2% to CAD142.33) and New Brunswick (+10.1% to CAD95.75).
Overall, nine of the 11 reporting provinces experienced growth in RevPAR for the week.
Newfoundland and Labrador experienced the largest rise in occupancy (+6.1% to 82.8%).
Quebec reported the largest decline in RevPAR (-2.8% to CAD155.32), due to the largest drop in occupancy (-4.0% to 85.4%).
Saskatchewan experienced the largest decrease in ADR (-3.2% to CAD119.66).
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