During the week of 24-30 September 2017, Canada's hotel industry reported occupancy rose 2.8% year-over-year to 78.6%, and a 5.5% ADR increase to 167.12 Canadian dollars ($133.25) pushed RevPAR up 8.5% to CA$131.33 ($104.71).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 24-30 September 2017, according to data from STR.
In comparison with the week of 25 September through 1 October 2016, the industry reported the following:
- Occupancy: +2.8% to 78.6%
- Average daily rate (ADR): +5.5% to CAD167.12
- Revenue per available room (RevPAR): +8.5% to CAD131.33
Among the provinces, British Columbia posted the week’s highest increase in RevPAR (+15.2% to CAD155.26), due primarily to the only double-digit rise in ADR (+11.4% to CAD190.97).
Three additional provinces reported double-digit growth in RevPAR: Nova Scotia (+13.9% to CAD137.78), Ontario (+11.2% to CAD142.33) and New Brunswick (+10.1% to CAD95.75).
Overall, nine of the 11 reporting provinces experienced growth in RevPAR for the week.
Newfoundland and Labrador experienced the largest rise in occupancy (+6.1% to 82.8%).
Quebec reported the largest decline in RevPAR (-2.8% to CAD155.32), due to the largest drop in occupancy (-4.0% to 85.4%).
Saskatchewan experienced the largest decrease in ADR (-3.2% to CAD119.66).
North America Media Contacts:
Public Relations Manager
+1 (615) 824-8664 ext. 3305
+1 (615) 824-8664 ext. 3500
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.