STR reports Canada performance for week ending 24 October
Among the provinces, Quebec experienced the largest increases in all three key metrics. The province was up 7.2 percent in occupancy to 72.6 percent, increased 8.0 percent in ADR to CAD$151.89, and jumped 15.9 percent in RevPAR to CAD$110.35.
Three provinces reported double-digit occupancy decreases: Prince Edward Island (-21.9 percent to 40.6 percent); Alberta (-13.9 percent to 65.1 percent); and British Columbia (-12.7 percent to 59.3 percent).
Along with Quebec, four provinces posted ADR increases: Manitoba (+4.2 percent to CAD$110.79); Saskatchewan (+2.9 percent to CAD$120.12); Nova Scotia (+1.9 percent to CAD$123.44); and Newfoundland (+0.5 percent to CAD$130.43).
Prince Edward Island experienced the largest RevPAR decrease, dropping 24.5 percent to CAD$33.36, followed by Alberta (-19.9 percent to CAD$86.49) and British Columbia (-19.9 percent to CAD$73.92).
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 16 countries with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.