STR, Hotel News Now’s parent company, released performance results for the Canadian hotel industry and the U.S. hotel industry for the week ending 24 March, according to news release.
Hotels in the U.S. reported a 1% increase in occupancy to 69.4%, a 4.4% increase in average daily rate to $133.42 and a 5.4% increase in revenue per available room to $92.53.
Canada’s hotel industry reported a rise in occupancy of 7.3% to 65.1%, a 7% increase in ADR to 147.41 Canadian dollars ($114.16) and RevPAR rose 14.8% to CA$96 ($74.35).
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