For the week ending 12 November, the Canadian hotel industry reported growth in occupancy of 8.1%, ADR of 4.4% and RevPAR of 12.8%.
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics during the week of 6-12 November 2016, according to data from STR.
In year-over-year comparisons, the country’s occupancy increased 8.1% to 61.0%. Average daily rate (ADR) for the week was up 4.4% to CAD137.93. Revenue per available room (RevPAR) grew 12.8% to CAD84.13.
Among the provinces, British Columbia recorded the largest increases across the three key performance metrics. Occupancy rose 23.7% to 60.5%, ADR was up 11.0% to CAD141.79 and RevPAR increased 37.3% to CAD85.76.
Two additional provinces saw occupancy and RevPAR increases of more than 20.0%. Manitoba reported a 22.6% rise in occupancy to 63.5% and a 24.9% increase in RevPAR to CAD75.92. Prince Edward Island posted a 22.5% increase in occupancy to 39.1% and 26.7% growth in RevPAR to CAD40.77.
Overall, six of the 10 reporting provinces registered double-digit growth in RevPAR for the week.
Newfoundland and Labrador reported the largest decreases in occupancy (-4.5% to 51.2%) and RevPAR (-5.7% to CAD68.25).
Saskatchewan reported the largest drop in ADR (-3.0% to CAD124.13).
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