During the week of 9-15 September, Canadian hotel occupancy dipped 0.7% to 78.5%, but a 4.3% ADR increase to 177.99 Canadian dollars ($137.95) lifted RevPAR up 3.6% to CA$139.71 ($108.30).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 9-15 September 2018, according to data from STR.
In comparison with the week of 10-16 September 2017, the industry reported the following:
• Occupancy: -0.7% to 78.5%
• Average daily rate (ADR): +4.3% to CAD177.99
• Revenue per available room (RevPAR): +3.6% to CAD139.71
Among the provinces and territories, New Brunswick reported the largest increase in RevPAR (+7.0% to CAD108.48), mostly because of the second-highest rise in occupancy (+4.4% to 80.1%).
British Columbia posted the largest lift in ADR (+8.2% to CAD210.38), resulting in the second-largest jump in RevPAR (+6.8% to CAD179.42).
Saskatchewan experienced the highest increase in occupancy (+5.6% to 65.2%) and third-largest increase in RevPAR (+6.3% to CAD78.40).
Overall, seven of the 10 reporting provinces and territories reported an increase in RevPAR.
Newfoundland and Labrador registered the only double-digit decreases in occupancy (-10.7% to 78.5%) and RevPAR (-11.5% to CAD122.67). The province posted the second-largest decline in ADR (-0.9% to CAD156.32).
Alberta saw the steepest drop in ADR (-1.1% to CAD159.84) and the second-largest decreases in occupancy (-3.8% to 64.8%) and RevPAR (-4.9% to CAD103.52).
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