STR Reports Canada Performance for Week Ending 7 November
In year-over-year measurements, the industry's occupancy decreased 9.6 percent to 59.1 percent, ADR dropped 3.7 percent to CAD$122.13, and RevPAR decreased 13.0 percent to CAD$72.21. The Canadian hotel industry posted declines in all three key performance measurements during the week of 1-7 November, according to data from STR.
In year-over-year measurements, the industry's occupancy decreased 9.6 percent to end the week at 59.1 percent. Average daily rate dropped 3.7 percent to finish the week at CAD$122.13. Revenue per available room for the week decreased 13.0 percent to finish at CAD$72.21.
Among the provinces, Prince Edward Island led the increases in all three key metrics. Its occupancy jumped 33.4 percent to 46.7 percent, ADR rose 8.7 percent to CAD$83.05, and RevPAR was up 45.3 percent to CAD$38.82.
Three provinces experienced double-digit decreases in occupancy: Alberta (-22.0 percent to 57.4 percent); Saskatchewan (-11.0 percent to 77.0 percent); and British Columbia (-10.3 percent to 53.9 percent).
Three provinces in addition to Prince Edward Island reported ADR increases: Saskatchewan (+4.0 percent to CAD$119.24); Manitoba (+3.8 percent to CAD$110.08); and Nova Scotia (+0.6 percent to CAD$113.14). Alberta posted the largest ADR decrease, falling 6.6 percent to CAD$130.81, followed by Ontario with a 4.8-percent decrease to CAD$120.40.
Alberta experienced the largest RevPAR decrease, falling 27.2 percent to CAD$75.03. British Columbia (-12.9 percent to CAD$64.35) and Ontario (-12.8 percent to CAD$71.23) also experienced double-digit RevPAR decreases.