During the week of 25-31 March, hotel occupancy decreased 5.5% year over year to 58.4%. Despite a 3.1% ADR increase to 143.18 Canadian dollars ($111.98), RevPAR dropped 2.6% to CA$83.55 ($65.34).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 25-31 March 2018, according to data from STR.
In comparison with the week of 26 March through 1 April 2017, the industry reported the following:
- Occupancy: -5.5% to 58.4%
- Average daily rate (ADR): +3.1% to CAD143.18
- Revenue per available room (RevPAR): -2.6% to CAD83.55
Among the provinces and territories, the Northwest Territories experienced the largest increases in occupancy (+33.1% to 85.3%) and RevPAR (+38.0% to CAD144.08).
British Colombia posted the only double-digit lift in ADR (+10.6% to CAD167.15) and the second-highest jump in RevPAR (+10.8% to CAD113.52).
New Brunswick experienced the steepest declines in occupancy (-21.3% to 44.2%) and RevPAR (-22.1% to CAD51.25).
Saskatchewan reported the largest drop in ADR (-6.7% to CAD113.04) and the second-largest decrease in RevPAR (-19.5% to CAD54.09).
With performance affected by the Easter holiday, eight of the 11 reporting provinces and territories saw decreases in RevPAR.
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