Hotels in Canada Report Positive Q3 2015 ADR, OR and RevPAR

According to data compiled by STR, the Canadian hotel industry reported positive results in the three key performance metrics for the third quarter of 2015.

In year-on-year results, the Canadian hotel industry’s occupancy increased 0.2% to 76.6%; ADR was up 6.1% to CAD$154.95; and RevPAR increased 6.9% to CAD$113.76.

Among the provinces, Prince Edward Island reported the largest increase in occupancy, up 7.5% to 89.6%. Nova Scotia followed with a 6.2% increase to 81.9%.

Alberta experienced the steepest occupancy decline, down 9.7% to 68.4%.

British Columbia posted the only double-digit rise in ADR, up 13.3% to CAD$180.67.

Saskatchewan (-2.5% to CAD$128.20) and Newfoundland and Labrador (-1.4% to CAD$160.14) were the only two provinces to report a drop in ADR.

Five provinces recorded a double-digit increase in RevPAR, led by Prince Edward Island (+19.7% to CAD$125.16).

Alberta reported the only double-digit decrease in RevPAR, down 11.5% to CAD$103.81.