For the week ending 21 July, the Canadian hotel industry saw occupancy dip 2.4% to 78.8%, ADR rise 2.8% to 178.33 ($232.73) Canadian dollars and RevPAR increase 0.4% to CA$140.50 ($183.36).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 15-21 July 2018, according to data from STR.
In comparison with the week of 16-22 July 2017, the industry reported the following:
- Occupancy: -2.4% to 78.8%
- Average daily rate (ADR): +2.8% to CAD178.33
- Revenue per available room (RevPAR): +0.4% to CAD140.50
Among the provinces and territories, the Northwest Territories registered the highest rise in occupancy (+6.1% to 59.2%) and the only double-digit increase in RevPAR (+10.1% to CAD92.04).
British Columbia posted the largest rise in ADR (+7.5% to US$234.48).
Manitoba experienced the second-highest jumps in occupancy (+5.2% to 75.2%) and RevPAR (+7.0% to CAD91.24).
Newfoundland and Labrador reported the only double-digit declines in occupancy (-23.2% to 65.8%) and RevPAR (-29.8% to CAD96.21) and the largest drop in ADR (-8.7% to CAD146.23).
Nova Scotia saw the second-largest decreases in occupancy (-8.0% to 83.4%) and RevPAR (-8.3% to CAD132.48).
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