During the week of 18-24 February, Canada's hotels saw mostly flat occupancy (+0.1% to 60.6%), but ADR increased 2.5% to 146.14 Canadian dollars ($113.64) and RevPAR rose 2.6% to CA$88.56 ($68.87).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 18-24 February 2018, according to data from STR.
In comparison with the week of 19-25 February 2017, the industry reported the following:
- Occupancy: +0.1% to 60.6%
- Average daily rate (ADR): +2.5% to CAD146.14
- Revenue per available room (RevPAR): +2.6% to CAD88.56
Among the provinces and territories, the Northwest Territories reported the largest increase in all three key performance metrics: occupancy (+6.3% to 91.5%), ADR (+6.3% to CAD167.29) and RevPAR (+13.0% to CAD153.11)
Manitoba experienced the second-highest increase in occupancy (+6.1% to 66.3%) and the only other double-digit rise in RevPAR (+10.7% to CAD80.74).
Ontario posted the second-largest lift in ADR (+6.2% to CAD144.99).
Newfoundland and Labrador experienced the largest decrease in occupancy (-14.6% to 46.7%), resulting in the steepest decline in RevPAR (-15.1% to CAD60.77).
Saskatchewan reported the largest drop in ADR (-4.6% to CAD114.58).
Nova Scotia reported the only other double-digit decreases in occupancy (-14.2% to 52.4%) and RevPAR (-11.0% to CAD64.57).
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 email@example.com.