The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 13-19 May 2018, according to data from STR.
In comparison with the week of 14-20 May 2017, the industry reported the following:
• Occupancy: +0.7% to 68.5%
• Average daily rate (ADR): +2.7% to CAD158.57
• Revenue per available room (RevPAR): +3.4% to CAD108.66
Among the provinces and territories, Nova Scotia registered the largest increase in RevPAR (+13.0% to CAD113.82), due primarily to the highest lift in ADR (+10.3% to CAD155.28).
Alberta posted the only double-digit rise in occupancy (+12.0% to 61.0%) and a double-digit increase in RevPAR (+10.2% to CAD86.30).
Prince Edward Island reported the second-largest increases in ADR (+7.5% to CAD134.91) and RevPAR (+12.7% to CAD81.63).
Overall, seven of the 11 reporting provinces and territories saw RevPAR growth.
Newfoundland and Labrador experienced the steepest decline in occupancy (-21.9% to 49.4%), which resulted in the largest decrease in RevPAR (-24.1% to CAD68.38).
Quebec posted the largest drop in ADR (-4.2% to CAD162.09). That, coupled with the second-largest decrease in occupancy (-8.0% to 71.8%), led to the second-steepest decline in RevPAR (-11.8% to CAD116.43).
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