The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 13-19 August 2017, according to data from STR.
In comparison with the week of 14-20 August 2016, the industry reported the following:
- Occupancy: +4.5% to 83.1%
- Average daily rate (ADR): +8.5% to CAD175.82
- Revenue per available room (RevPAR): +13.4% to CAD146.09
Each of the 10 reporting provinces reported year-over-year growth in occupancy and RevPAR.
Manitoba experienced the largest increase in RevPAR (+28.9% to CAD109.51), driven primarily by the only double-digit increase in occupancy (+21.4% to 86.9%).
Nova Scotia posted the largest increase in ADR (+15.3% to CAD170.53) and the second-largest increase in RevPAR (+21.0% to CAD161.54).
Of the three provinces to report a decrease in ADR, Saskatchewan (-3.5% to CAD115.91) showed the largest drop in the metric.
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