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U.S., Canada weekly hotel performance results

2019-04-10 Tag: hotel performance

hotel performance,U.S., Canada weekly hotel performance results

For the week ending 30 March, the U.S. hotel industry reported positive year-over-year results in the three key performance metrics, according to STR, parent company of HNN.

Occupancy grew 4.2% to 69.5%, which combined with a 0.9% increase in average daily rate to $131.77 led to a 5.1% increase in revenue per available room to $91.53.

During the same week, the Canadian hotel industry also recorded positive results year over year. Occupancy grew 5.8% to 61.8%, ADR grew 1.1% to 145.48 Canadian dollars ($108.91) and RevPAR increased 7% to CA$89.87 ($67.28).