The Canadian hotel industry reported increases in the three key performance metrics during the week of 5-11 October, according to data from STR, Inc.
In year-over-year comparisons, occupancy increased 4.6 percent to 71.8 percent; average daily rate was up 2.9 percent to CAD$135.36; and revenue per available room increased 7.7 percent to CAD$97.20.
Among the provinces, Prince Edward Island reported the highest increases in all three key performance metrics. Its occupancy increased 63.3 percent to 69.2 percent. The province's ADR was up 13.4 percent to CAD$116.42, while its RevPAR increased 85.2 percent to CAD$80.55.
Newfoundland and Labrador (-2.6 percent to 85.0 percent) and Saskatchewan (-2.6 percent to 69.5 percent) experienced the only occupancy declines.
British Columbia was the only province to experience an ADR decline, down 1.4 percent to CAD$129.67.
Rate growth was unable to mitigate occupancy losses in Saskatchewan, and as a result the province was the only one to experience a RevPAR decline, down 1.5 percent to CAD$93.16.
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