CANADIAN HOTEL OCCUPANCY UP 2.7 PER CENT

 

HENDERSONVILLE, Tenn. — According to data from STR, the Canadian hotel industry reported positive results in the three key performance metrics during the week of Jan. 15 to 21 January 2017. In year-over-year comparisons, the country’s occupancy rose 2.7 per cent to 54.3 per cent and Average Daily Rate (ADR) increased 2.3 per cent to $137.02. As a result, Revenue per Available Room (RevPAR) grew five per cent to $74.46.

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