Canadian hotel occupancy rose 1.8% to 56.6% during the week ending 2 February, while a 2.1% ADR increase to 147.29 Canadian dollars ($111.06) drove RevPAR up 3.9% to CA$83.35 ($62.85).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 27 January through 2 February 2019, according to data from STR.
In comparison with the week of 28 January through 3 February 2018, the industry reported the following:
• Occupancy: +1.8% to 56.6%
• Average daily rate (ADR): +2.1% to CAD147.29
• Revenue per available room (RevPAR): +3.9% to CAD83.35
Among the provinces and territories, Prince Edward Island reported the only double-digit increases in each of the three key performance metrics: occupancy (+61.2% to 49.5%), ADR (+14.0% to CAD119.90) and RevPAR (+83.8% to CAD59.35).
British Columbia experienced the second-highest rise in occupancy (+5.1% to 62.2%), which drove the second-largest jump in RevPAR (+8.8% to CAD105.42).
The Northwest Territories posted the third-largest increase in RevPAR (+8.3% to CAD132.05).
Newfoundland and Labrador registered the steepest decreases in each of the three key performance metrics: occupancy (-8.4% to 40.2%), ADR (-4.0% to CAD123.67) and RevPAR (-12.0% to CAD49.68).
Quebec posted the second-largest declines in occupancy (-4.4% to 55.8%) and RevPAR (-4.0% to CAD82.99).
North America Media Contacts:
+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.