During the week of 18-24 March, Canadian hotels reported occupancy rose 7.3% to 65.1%, ADR increased 7% to 147.41 Canadian dollars ($114.30) and RevPAR rose 14.8% to CA$96 ($74.44).
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 18-24 March 2018, according to data from STR.
In comparison with the week of 19-25 March 2017, the industry reported the following:
- Occupancy: +7.3% to 65.1%
- Average daily rate (ADR): +7.0% to CAD147.41
- Revenue per available room (RevPAR): +14.8% to CAD96.00
Among the provinces and territories, the Northwest Territories reported the largest increase in RevPAR (+31.2% to CAD157.33), due primarily to the highest rise in occupancy (+21.3% to 91.7%).
British Columbia posted the only double-digit lift in ADR (+15.9% to CAD173.39), that combined with the second-largest increase in occupancy (+10.9% to 71.7%), produced the second-largest rise in RevPAR (+28.6% to CAD124.37).
Overall, 10 of the 11 reporting provinces and territories saw RevPAR growth.
Newfoundland and Labrador experienced the steepest decline in occupancy (-14.1% to 50.4%) and the only decrease in RevPAR (-14.0% to CAD65.15).
Saskatchewan reported the largest drop in ADR (-2.3% to CAD118.60).
Quebec saw the only other decrease in occupancy (-0.3% to 64.6%), while Alberta reported the only other decline in ADR (-0.6% to CAD134.95).
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