The year-end numbers show RevPar increased in 2022 to $162.71 compared to $139.03 in 2019, the Average Daily Room Rate showed a big increase for 2022 at $236.30 with 2019 at $189.10 and the Average Occupancy Rate in 2022 is 68.85% with 2019 at 73.52%.
Greater Victoria Harbour Authority’s CEO, Ian Robertson predicts next year’s cruise season could bring a record one million passengers to Victoria’s Ogden Point, now that the industry is rebounding from the pandemic.
Air travel to YYJ during October 2022 has rebounded substantially almost getting back to October 2019 numbers.
Destination Greater Victoria is investing over $350,000 to attract travellers this fall. The marketing campaign will emphasize Greater Victoria’s unique selling propositions, including its mild climate, one-of-a-kind draws, and culinary scene.
Victoria has just been named the #2 Best Small City in the World by the prestigious Conde Nast Reader’s Survey.
The Victoria Conference Centre reported 8,800 delegate days during the summer month on July and that certainly helps to underpin recovery.
Strong recovery continues in Greater Victoria’s commercial accommodation sector. All three key indicators – occupancy, ADR and RevPAR – are tracking well ahead of the same period in 2021, while ADR and RevPAR are higher than 2019 levels.
May demonstrated continued momentum in terms of recovery across all key performance measures.
Keeping a close eye on recovery to the sector, this month we have included statistics from April 2019 for comparison purposes. With occupancy numbers on the rise and the surge in pent up travel desire, we are on track to reach pre-pandemic stats in the coming months.