STR Reports Canada Performance for Week Ending 12 June 2010
In year-over-year measurements, the industry’s occupancy increased 8.1 percent to 70.6 percent. Average daily rate was up 7.1 percent to CAD$140.06. Revenue per available room for the week rose 15.7 percent to CAD$98.85.
In year-over-year measurements, the industry’s occupancy increased 8.1 percent to 70.6 percent. Average daily rate was up 7.1 percent to CAD$140.06. Revenue per available room for the week rose 15.7 percent to CAD$98.85.
Among the provinces Quebec reported the largest increases in all three key metrics. The province’s occupancy was up 22.7 percent to 76.3 percent, ADR increased 37.8 percent to CAD$183.10, and RevPAR soared 68.9 percent to CAD$139.66.
Three provinces, other than Quebec, posted occupancy increases of more than 5 percent: Manitoba (+8.7 percent to 82.1 percent); Nova Scotia (+8.0 percent to 76.9 percent); and Ontario (+7.3 percent to 70.6 percent). Prince Edward Island reported the largest occupancy decrease, falling 3.3 percent to 46.4 percent, followed by New Brunswick with a 2.2-percent decrease to 62.2 percent.
Prince Edward Island experienced the largest ADR decrease, falling 3.3 percent to CAD$111.97, followed by Nova Scotia (-1.8 percent to CAD$126.27) and Ontario (-1.1 percent to CAD$122.57).
Two provinces, excluding Quebec, posted double-digit RevPAR increases: Manitoba (+11.4 percent to CAD$96.17) and Alberta (+10.9 percent to CAD$104.18). Prince Edward Island fell 6.5 percent in RevPAR to CAD$51.98, reporting the largest decrease in that metric.
Newfoundland dropped 8.5 percent to CAD$114.29, reporting the largest ADR decrease besides Prince Edward Island.
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