During the week of 2-8 September, Canadian hotels saw occupancy decrease 3.4% to 68.5%, and while ADR rose 2.7% to 172.17 Canadian dollars ($132.55), RevPAR dipped 0.7% to CA$117.94 ($90.78).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded mixed year-over-year results in the three key performance metrics during the week of 2-8 September 2018, according to data from STR.
In comparison with the week of 3-9 September 2017, the industry reported the following:
• Occupancy: -3.4% to 68.5%
• Average daily rate (ADR): +2.7% to CAD172.17
• Revenue per available room (RevPAR): -0.7% to CAD117.94
Among the provinces and territories, Prince Edward Island reported the largest increases in occupancy (+5.2% to 86.2%) and ADR (+6.6% to CAD174.35), which resulted in the only double-digit jump in RevPAR (+12.1% to CAD150.20).
Ontario posted the second-largest lift in ADR (+6.1% to CAD179.77), which pushed the second-highest rise in RevPAR (+6.1% to CAD133.39). Occupancy in the province remained flat at 74.2%.
New Brunswick experienced the only other increase in occupancy (+1.6% to 66.0%).
Newfoundland and Labrador registered the largest declines in ADR (-8.1% to CAD137.23) and RevPAR (-20.8% to CAD80.01), and the second-largest drop in occupancy (-13.8% to 58.3%).
Manitoba saw the second-largest decrease in RevPAR (-16.2% to CAD75.73), due primarily to the steepest decline in occupancy (-15.3% to 64.9%).
North America Media Contacts:
+1 (615) 824-8664 ext. 3305
+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 Editor-in-Chief Stephanie Ricca at email@example.com.