During the week of 26 March through April 1, Canada's hotel industry saw occupancy increase 7.6% to 61.8%, ADR climb 3% to CA$138.23 ($102.92) and RevPAR jump 10.8% to CA$85.44 ($63.61).
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics during the week of 26 March through 1 April 2017, according to data from STR.
STR analysts note that performance growth was lifted for the second straight week by an Easter calendar shift (27 March 2016). In comparison with the week of 27 March through 2 April 2016, Canada reported the following in year-over-year comparisons:
- Occupancy: +7.6% to 61.8%
- Average daily rate (ADR): +3.0% to CAD138.23
- Revenue per available room (RevPAR): +10.8% to CAD85.44
Among the provinces, Ontario recorded the largest year-over-year increase in RevPAR (+18.7% to CAD90.95). Growth was driven by the week’s highest rise in ADR (+8.9% to CAD140.50) and the third-largest lift in occupancy (+9.1% to 64.7%).
Three additional provinces posted a double-digit increase in RevPAR: Manitoba (+17.0% to CAD86.00), Nova Scotia (+15.9% to CAD86.47) and New Brunswick (+15.2% to CAD65.06).
Two of the aforementioned provinces saw a double-digit increase in occupancy: Manitoba (+14.1% to 72.1%) and Nova Scotia (+12.4% to 69.4%).
Newfoundland and Labrador experienced the only double-digit declines in occupancy (-12.9% to 53.8%) and RevPAR (-14.6% to CAD69.77). ADR in the province fell 1.9% to CAD129.56.
Alberta reported the largest decrease in ADR (-4.5% to CAD130.44).
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