STR posts Canada results for week ending 16 May 2009
Of the provinces, Prince Edward Island and Manitoba were the only two to post increases in each of the three key performance metrics. Prince Edward Island recorded a 5.9-percent increase in occupancy (to 50.0 percent), an 8.8-percent jump in ADR (to CAD$92.10) and a 15.3-percent bump in RevPAR (to CAD$46.04)—the largest increases in each measurement.
British Columbia led declines in two of the three metrics, posting a 15.7-percent drop in occupancy (to 61.8 percent) and a 24.0-percent decline in RevPAR (to CAD$84.28). Ontario recorded the largest decrease in ADR, which was down 11.1 percent to CAD$120.05.
About STR & STR Global: For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 37,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tennessee, and STR Global is based in London. For more information, visit www.strglobal.com or www.HotelNewsNow.com.