For the week of 25-31 December, Canada's hotel industry reported a 4.1% occupancy increase to 47.6%, while ADR rose 3.3% to CA$161.07 ($121.47) and RevPAR increased 7.5% to CA$76.61 ($57.79).
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics during the week of 25-31 December 2017, according to data from STR.
In year-over-year comparisons, the country’s occupancy increased 4.1% to 47.6% and average daily rate (ADR) rose 3.3% to CAD161.07. As a result, revenue per available room (RevPAR) grew 7.5% to CAD76.61.
Among the provinces, Prince Edward Island recorded the only double-digit rise in ADR (+12.4% to CAD109.30), which drove the week’s largest increase in RevPAR (+16.6% to CAD32.42). Occupancy in the province rose 3.8% to 29.7%.
Three additional provinces saw a double-digit lift in RevPAR for the week: British Columbia (+15.5% to CAD133.22), Quebec (+11.5% to CAD104.31) and Ontario (+10.9% to CAD69.52).
Ontario posted the largest increase in occupancy (+7.5% to 50.7%).
Newfoundland and Labrador reported the steepest declines across the three key metrics. Occupancy in the province fell 19.5% to 24.5%, ADR was down 8.5% to CAD124.93 and RevPAR dropped 26.3% to CAD30.64.
No other double-digit decreases were reported in the three key metrics.
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