In performance data released by STR for the week of 18-24 December, Canada's hotel occupancy rose 2.5% to 34.1%; ADR dropped 1.1% to 137.71 Canadian dollars ($102.43); and RevPAR increased 1.3% to CA$46.97 ($34.94).
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported mixed results in the three key performance metrics during the week of 18-24 December 2016, according to data from STR.
In year-over-year comparisons, the country’s occupancy increased 2.5% to 34.1%. Average daily rate (ADR) for the week decreased 1.1% to CAD137.71. Revenue per available room (RevPAR) grew 1.3% to CAD46.97.
Among the provinces, Newfoundland and Labrador saw the largest year-over-year increases in occupancy (+38.3% to 25.8%) and RevPAR (+38.5% to CAD30.87).
Four additional provinces experienced double-digit growth in RevPAR for the week: Nova Scotia (+28.2% to CAD28.52), New Brunswick (+22.5% to CAD24.03), Prince Edward Island (+19.0% to CAD18.32) and Manitoba (+15.5% to CAD38.62).
The largest increases in ADR were recorded in British Columbia (+5.5% to CAD191.89) and Prince Edward Island (+5.5% to CAD91.65).
Alberta reported the only double-digit decreases in ADR (-17.7% to CAD129.88) and RevPAR (-18.8% to CAD35.55).
After Newfoundland and Labrador, five other provinces saw double-double increases in occupancy: Nova Scotia (+27.2% to 26.1%), New Brunswick (+21.3% to 23.8%), Saskatchewan (+16.9% to 27.7%), Manitoba (+16.4% to 35.7%) and Prince Edward Island (+12.8% to 20.0%).
Quebec reported the steepest decline in occupancy (-3.6% to 37.3%).
North America Media Contacts:
The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at email@example.com.