For the week ending 25 March, Canada's hotels experienced a 10.2% occupancy increase to 60.7%, while ADR rose 2.9% to CA$137.62 ($103.38) and RevPAR increased 13.4% to CA$83.49 ($62.72).
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics during the week of 19-25 March 2017, according to data from STR.
STR analysts note that performance growth was boosted by an Easter calendar shift (27 March 2016). In comparison with the week of 20-26 March 2016, Canada reported the following in year-over-year comparisons:
- Occupancy: +10.2% to 60.7%
- Average daily rate (ADR): +2.9% to CAD137.62
- Revenue per available room (RevPAR): +13.4% to CAD83.49
Among the provinces, Nova Scotia recorded the largest year-over-year increases in occupancy (+36.6% to 66.6%) and RevPAR (+45.4% to CAD82.49). ADR in the province rose 6.5% to CAD123.94.
Three additional provinces experienced RevPAR growth of more than 30.0%: Newfoundland and Labrador (+36.3% to CAD75.75), New Brunswick (+35.4% to CAD67.15) and Manitoba (+33.8% to CAD89.05).
Ontario registered the largest increase in ADR (+8.5% to CAD137.09).
After Nova Scotia, three other provinces saw a rise in occupancy of more than 20.0%: Newfoundland and Labrador (+33.8% to 58.7%), New Brunswick (+29.6% to 58.1%) and Manitoba (+28.6% to 72.8%).
British Columbia reported the largest decreases in occupancy (-4.0% to 64.7%) and RevPAR (-5.5% to CAD96.95).
Saskatchewan reported the largest decrease in ADR (-1.8% to CAD121.38).
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