For the week of 9-15 April 2017, the Canadian hotel industry saw occupancy fall 6.8% to 56%, ADR was mostly flat (+0.1% to CA$138.54 ($102.74)), and RevPAR decreased 6.7% to CA$77.60 ($57.55).
HENDERSONVILLE, Tennessee—The Canadian hotel industry reported mostly negative results in the three key performance metrics during the week of 9-15 April 2017, according to data from STR.
Different from the last several weeks, performance was negative due to the Easter calendar shift from 27 March 2016 to 16 April 2017. In a year-over-year comparison with the week of 10-16 April 2016, the industry reported the following:
- Occupancy: -6.8% to 56.0%
- Average daily rate (ADR): +0.1% to CAD138.54
- Revenue per available room (RevPAR): -6.7% to CAD77.60
Among the provinces, British Columbia experienced the largest increase in RevPAR (+1.2% to CAD98.41). Prince Edward Island recorded the top increase in ADR (+2.8% to CAD110.48). Quebec saw the only rise in occupancy (+0.7% to 62.9%).
Of the five provinces to see a double-digit decline in RevPAR, three reported a decrease of more than 20.0% in the metric: Nova Scotia (-33.7% to CAD56.53), Saskatchewan (-33.7% to CAD50.44) and Prince Edward Island (-28.8% to CAD38.40).
Saskatchewan reported the largest drop in ADR (-7.8% to CAD117.30).
Prince Edward Island saw the steepest decline in occupancy (-30.7% to 34.8%), followed by Nova Scotia (-29.9% to 47.3%) and Saskatchewan (-28.0% to 43.0%).
North America Media Contacts:
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
Public Relations Manager
+1 (615) 824-8664 ext. 3305
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 firstname.lastname@example.org.