Canada's hotel industry reported occupancy increased 6.9%Staff Writer | December 22, 2017
The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 10-16 December 2017, according to data from STR.
Hospitality Canada hotel results for week ending 16 December
Among the provinces and territories, New Brunswick reported the largest increase in RevPAR (+20.6% to CAD51.22).
The Northwest Territories posted the second-largest year-over-year jump in RevPAR (+19.2% to CAD108.76), due to the largest increase in occupancy (+23.6% to 69.6%).
Overall, nine of the 11 reporting provinces and territories reported RevPAR growth.
Ontario registered the largest increase in ADR (+8.0% to CAD140.46).
Prince Edward Island experienced the largest decline in occupancy (-7.8% to 29.7%) and the only decrease in RevPAR (-2.4% to CAD30.45).
Saskatchewan reported the largest drop in ADR (-4.6% to CAD113.44). RevPAR in the province remained flat at CAD54.62. ■