The Canadian hotel industry reported positive performance during the week ending 8 April. Occupancy rose 5.6% to 63.7%, ADR increased 3.6% to CA$143.30 ($108.28) and RevPAR jumped 9.4% to CA$91.25 ($68.95).
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics during the week of 2-8 April 2017, according to data from STR.
In comparison with the week of 3-9 April 2016:
- Occupancy: +5.6% to 63.7%
- Average daily rate (ADR): +3.6% to CAD143.30
- Revenue per available room (RevPAR): +9.4% to CAD91.25
Among the provinces, Prince Edward Island recorded the largest year-over-year increases in occupancy (+28.9% to 43.0%) and RevPAR (+39.0% to CAD47.57). ADR in the province rose 7.9% to CAD110.72.
Nova Scotia was the only other province to experience double-digit growth in occupancy (+17.9% to 69.8%). RevPAR in the province increased 25.5% to CAD90.40.
Ontario posted the largest increase in ADR (+9.5% to CAD149.15) and the only other double-digit lift in RevPAR (+17.1% to CAD105.14).
Newfoundland and Labrador reported the largest decreases across the three key performance metrics. Occupancy dipped 1.6% to 54.1%, ADR was down 4.4% to CAD128.29 and RevPAR dropped 6.0% to CAD69.45.
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