During the week of 21-27 April, Canadian hotel occupancy decreased 6.1% to 64.9%, ADR decreased 1.1% to 148.97 Canadian dollars ($111.87) and RevPAR decreased 7.2% to CA$96.67 ($71.11).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 21-27 April 2019, according to data from STR.
In comparison with the week of 22-28 April 2018, the industry reported the following:
• Occupancy: -6.1% to 64.9%
• Average daily rate (ADR): -1.1% to CAD148.97
• Revenue per available room (RevPAR): -7.2% to CAD96.67
Among the provinces and territories, Prince Edward Island posted the largest increase in RevPAR (+25.3% to CAD75.56), driven by the largest lift in ADR (+8.6% to CAD129.88). Occupancy in the province rose 15.4% to 58.2%.
Newfoundland and Labrador experienced the highest rise in occupancy (+22.7% to 57.5%) and the second-steepest drop in ADR (-8.7% to CAD120.30), which still combined for the only other double-digit jump in RevPAR (+12.0% to CAD69.13).
Nova Scotia reported the largest declines in each of the three key performance metrics: occupancy (-16.0% to 63.2%), ADR (-10.7% to CAD131.58) and RevPAR (-25.1% to CAD83.12).
Ontario posted the second-largest decrease in RevPAR (-11.3% to CAD105.43), due primarily to the second-steepest decline in occupancy (-8.1% to 69.0%).
North America Media Contacts:
Senior Communications Director
email@example.com+1 (615) 824-8664 ext. 3305
firstname.lastname@example.org +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 Editorial Director Stephanie Ricca at email@example.com.