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Canadian Hotel Occupancy Down 5.2 Per Cent

HENDERSONVILLE, Tenn. — The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of March 1 to 7, 2020, according to data from STR.

In a year-over-year comparison, the industry reported a 5.2-per-cent drop in occupancy to 56.9 per cent, a 0.7-per-cent decrease in Average Daily Rate (ADR) to $155.10 and a 5.8-per-cent decrease in Revenue Per Available Room (RevPAR) to $88.18.

Manitoba experienced the only double-digit decline in occupancy (down 12.1 per cent to 61.2 per cent) and one of the largest decreases in ADR (falling three per cent to $124.45), which resulted in the steepest drop in RevPAR (down 14.7 per cent to $76.14).

Alberta also saw a three-per-cent drop in ADR, combined with the second-largest decrease in occupancy and RevPAR — down 9.9 per cent (to 48.1 per cent) and 12.6 per cent (to $63.19) respectively.

New Brunswick registered the third-largest decrease in RevPAR (down 7.9 per cent to $57.37), due primarily to the third-steepest decline in occupancy (down 6.5 per cent to 48.2 per cent).

P.E.I. was the only province to report an increase in occupancy, with a 15.4-per-cent increase to 34.2 per cent. It also recorded the greatest increase in RevPAR, which rose 16.3 per cent to $39.07.

Quebec saw the largest increase in ADR, with an increase of 3.2 per cent, while Saskatchewan reported the only other increase in RevPAR (up 0.5 per cent).

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