The Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 10-16 March 2019, according to data from STR.
In comparison with the week of 11-17 March 2018, the industry reported the following:
• Occupancy: -3.6% to 60.9%
• Average daily rate (ADR): -1.4% to CAD144.12
• Revenue per available room (RevPAR): -4.9% to CAD87.75
Among the provinces and territories, Prince Edward Island reported the only double-digit increases in each of the three key performance metrics: occupancy (+59.2% to 47.5%), ADR (+11.2% to CAD116.93) and RevPAR (+77.0% to CAD55.49).
Manitoba experienced the second-highest increase in occupancy (+4.9% to 69.0%), which resulted in the only other jump in RevPAR (+6.5% to CAD86.78).
The Northwest Territories saw the largest declines in occupancy (-27.6% to 65.7%) and RevPAR (-29.0% to CAD110.71).
Newfoundland and Labrador registered the steepest drop in ADR (-7.4% to CAD121.38), which resulted in the second-largest decrease in RevPAR (-16.2% to CAD52.40).
Nova Scotia experienced the second-steepest decline in occupancy (-10.6% to 55.4%).
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