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11 December 2009

STR reports Canada hotel performance for week ending 5 December

STR reports Canada hotel performance for week ending 5 December

The Canadian hotel industry posted declines in all three key performance measurements during the week of 29 November-5 December, according to data from STR. In year-over-year measurements, the industry’s occupancy decreased 5.4 percent to end the week at 55.8 percent. Average daily rate dropped 3.5 percent to finish the week at CAD$119.41. Revenue per available room for the week decreased 8.7 percent to finish at CAD$66.61.

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canadian hotel industry, performance measurements, industrys, key performance, declines

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