New Brunswick.
Among the provinces and territories, New Brunswick registered the largest jump in RevPAR (+4.1% to CAD112.59), due to the largest lift in ADR (+5.0% to CAD141.81).
HENDERSONVILLE, TENNESSEE — The Canadian hotel industry reported mostly negative year-over-year results in the three key performance metrics during the third quarter of 2019, according to data from STR.
Compared with Q3 2018:
Occupancy: -2.0% to 76.3%
Average daily rate (ADR): +0.4% to CAD183.39
Revenue per available room (RevPAR): -1.5% to CAD139.85
August, historically Canada’s peak performance month, was the top month of the quarter in absolute values: occupancy (79.0%), ADR (CAD185.25) and RevPAR (CAD146.42).
Among the provinces and territories, New Brunswick registered the largest jump in RevPAR (+4.1% to CAD112.59), due to the largest lift in ADR (+5.0% to CAD141.81).
Newfoundland and Labrador experienced the highest rise in occupancy (+2.3% to 72.8%) but the steepest drops in ADR (-6.2% to CAD141.72) and RevPAR (-4.1% to CAD103.21).
Manitoba reported the next steepest decline in RevPAR (-4.0% to CAD89.38) because of the largest drop in occupancy (-3.2% to 72.5%).
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
