STR Reports Canada Performance for Week Ending 3 July 2010
In year-over-year measurements, the Canadian hotel industry’s occupancy increased 11.7 percent to 65.9 percent. Average daily rate was up 5.2 percent to CAD$131.51. Revenue per available room for the week rose 17.3 percent to CAD$86.62.
In year-over-year measurements, the Canadian hotel industry’s occupancy increased 11.7 percent to 65.9 percent. Average daily rate was up 5.2 percent to CAD$131.51. Revenue per available room for the week rose 17.3 percent to CAD$86.62.
Prince Edward Island reported the largest occupancy increase among the provinces, rising 25.1 percent to 73.2 percent, followed by Newfoundland (+19.6 percent to 86.6 percent) and Ontario (+19.1 percent to 66.0 percent). British Columbia fell 2.7 percent to 64.8 percent, reporting the largest occupancy decrease.
Two provinces posted double-digit ADR increases: Newfoundland (+15.5 percent to CAD$145.85) and Ontario (+13.2 percent to CAD$129.44). Alberta experienced the only ADR decrease, falling 6.3 percent to CAD$136.05.
Three provinces reported RevPAR increases of more than 20 percent: Newfoundland (+38.2 percent to CAD$126.35); Ontario (+34.9 percent to CAD$85.39); and Prince Edward Island (+25.4 percent to CAD$92.71). British Columbia posted the largest RevPAR decrease, falling 2.1 percent to CAD$89.90, followed by Alberta with a 1.9-percent decrease to CAD$80.31.
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