HENDERSONVILLE, Tenn. — Canadian hotel performance saw a continued steady rise for the week ending July 18, with the same significant level of year-over-year declines, according to STR data.

In a year-over-year (YOY) comparison, the industry reported a 57.1-per-cent drop in occupancy to 33.3 per cent, a 31.6-per-cent decrease in Average Daily Rate (ADR) to $122.94 and a 70.7-per-cent decrease in Revenue Per Available Room (RevPAR) to $40.92. For comparison, the previous week, ending July 11, saw occupancy of 31.2 per cent, ADR at $122.08 and RevPAR of $38.10.

Both B.C. and Manitoba reported occupancy of about 40 per cent for the week — 44.5 and 41.9 per cent respectively. Vancouver was the only major market to see occupancy above the 30-per-cent mark (33.1 per cent).

With occupancy at 23.9 per cent, P.E.I. had the week’s lowest provincial occupancy. And, at the market level, the lowest occupancy was reported in Montreal (17.6 per cent) for the fourth consecutive week.

LEAVE A REPLY

Please enter your comment!
Please enter your name here