Sukhdev Toor, Manga Hotels, and a family vision for the future
FEATURE PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine
HENDERSONVILLE, Tenn. — The shocking statistics just keep rolling in. In comparison with the week of 31 March through 6 April 2019, the industry reported the following: Occupancy: -79.0 per cent to 12.8 per cent Average daily rate (ADR): -30.5 per cent to C$105.19 Revenue per available room (RevPAR): -85.4 per cent to C$13.42 Among […]
HENDERSONVILLE, Tenn. — The shocking statistics just keep rolling in.
In comparison with the week of 31 March through 6 April 2019, the industry reported the following:
Among the provinces and territories, Quebec experienced the largest decline in occupancy (-89.8 per cent to 6.1 per cent), which resulted in the steepest decrease in RevPAR (-92.5 per cent to C$6.87).
Ontario posted the largest drop in ADR (-34.8 per cent to C$105.14).
Among the major markets, Montreal recorded the steepest decrease in RevPAR (-92.9 per cent to C$7.81), due to the largest decline in occupancy (-90.0 per cent to 6.7 per cent).
Vancouver registered the largest drop in ADR (-34.5% to CAD119.12).
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FEATURE PROFILE: Feature from the FALL 2024 ISSUE of STAY Magazine
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