Canada performance for week ending 17 March
The Canadian hotel industry reported positive results in the three key performance metrics for the week of 11-17 March, according to data from STR. In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 2.1-percent increase to 59.9 percent, its average daily rate rose 2.7 percent to CAD$122.37 and its revenue per available room was up 4.8 percent to CAD$73.25.
HENDERSONVILLE, Tennessee -- The Canadian hotel industry reported positive results in the three key performance metrics for the week of 11-17 March, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 2.1-percent increase to 59.9 percent, its average daily rate rose 2.7 percent to CAD$122.37 and its revenue per available room was up 4.8 percent to CAD$73.25.
Among the provinces, Newfoundland reported the only double-digit occupancy increase, up 10.9 percent to 65.5 percent.
Quebec experienced the only decreases in all three key performance metrics. Its occupancy was down 4.2 percent to 62.9 percent, its ADR dropped 2.4 percent to CAD$126.38, and its RevPAR fell 6.5 percent to CAD$79.46.
British Columbia (+9.2 percent to CAD$132.25) and Prince Edward Island (+8.5 percent to CAD$77.99) posted the largest ADR increases for the week.
Three provinces achieved double-digit RevPAR increases: Newfoundland (+16.6 percent to CAD$82.14); Prince Edward Island (+12.4 percent to CAD$28.36); and British Columbia (+12.1 percent to CAD$75.47).