Revenue per available room up 2.3 Percent to CAD$130.54

The Canadian hotel industry reported mixed results in the three key performance metrics during the week of 7-13 August 2016, according to data from STR.

In year-over-year comparisons, the country's occupancy decreased 1.6% to 79.8%. However, average daily rate for the week was up 4.0% to CAD163.49, and revenue per available room increased 2.3% to CAD130.54.

Among the provinces, Nova Scotia recorded the largest year-over-year increases across the three key performance metrics. Occupancy in the province grew 5.1% to 88.5%; ADR was up 9.5% to CAD145.08; and RevPAR increased 15.1% to CAD128.44.

No other province reported a double-digit increase in the three metrics.

Other top RevPAR increases were seen in Ontario (+9.8% to CAD132.68) and Quebec (+9.1% to CAD154.93).

Alberta reported the largest decreases in each of the three key performance metrics. Occupancy fell 9.8% to 63.6%; ADR was down 4.9% to CAD152.01; and RevPAR dropped 14.2% to CAD96.69.

No additional province reported a double-digit decrease in the metrics.

About STR

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.

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