STR weekly data shows the Canadian hotel industry experienced a 4.8% occupancy increase to 74%, while ADR rose 11% to 173.58 Canadian dollars ($134.89) and RevPAR jumped 16.4% to CA$128.53 ($99.88).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 25 June through 1 July 2017, according to data from STR.
In comparison with the week of 26 June through 2 July 2016, the industry reported the following:
- Occupancy: +4.8% to 74.0%
- Average daily rate (ADR): +11.0% to CAD173.58
- Revenue per available room (RevPAR): +16.4% to CAD128.53
Among the provinces, Manitoba experienced the largest year-over-year increases in occupancy (+24.7% to 73.6%) and RevPAR (+26.5% to CAD86.72).
Ontario posted the week’s largest rise in ADR (+18.1% to CAD175.76) and the second-highest lift in RevPAR (+24.9% to CAD138.61).
Overall, six of 11 reporting provinces saw a double-digit increase in RevPAR for the week.
Newfoundland and Labrador reported the only declines in occupancy (-10.1% to 70.7%) and RevPAR (-15.3% to CAD108.47) as well as the largest decrease in ADR (-5.8% to CAD153.32).
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.