The Canadian hotel industry reported positive year-over-year performance during the week of 5-11 November 2017. Occupancy rose 6.6% to 65%, ADR increased 5% to 144.83 Canadian dollars ($113.61) and RevPAR jumped 11.9% to CA$94.08 ($73.81).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 5-11 November 2017, according to data from STR.
In comparison with the week of 6-12 November 2016, the industry reported the following:
- Occupancy: +6.6% to 65.0%
- Average daily rate (ADR): +5.0% to CAD144.83
- Revenue per available room (RevPAR): +11.9% to CAD94.08
Among the provinces and territories, Newfoundland and Labrador reported the largest increase in RevPAR (+24.0% to CAD84.63).
Overall, eight of 10 provinces experienced growth in RevPAR for the week.
Ontario reported the second-highest increase in RevPAR (+18.2% to CAD109.66), due to the week’s only double-digit rise in ADR (+10.0% to CAD154.06).
The Northwest Territories experienced the highest lift in occupancy (+28.5% to 56.4%), but reported the largest decline in ADR (-9.0% to CAD144.48).
Saskatchewan reported the largest drop in RevPAR (-3.2% to CAD66.61), due to the second-largest decrease in ADR (-5.4% to US$117.15).
All of the reporting provinces and territories experienced growth in occupancy.
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