STR reports Canada performance for week ending 1 August 2009
The provinces reported mixed results in all three key metrics in year-over-year comparisons:
- Prince Edward Island reported the largest occupancy increase, jumping 8.4 percent to 89.9 percent, followed by New Brunswick with a 4.6-percent increase to 81.4 percent.
- Alberta was the only province to post a double-digit occupancy decrease, dropping 10.3 percent to 66.9 percent.
- Saskatchewan experienced the largest ADR increase, up 7.4 percent to CAD$115.68. Three other provinces also reported increases in ADR: Prince Edward Island (+3.1 percent to CAD$136.12); Newfoundland (+1.2 percent to CAD$133.30); and Manitoba (+0.6 percent to CAD$104.11).
- Three provinces posted double-digit ADR decreases: British Columbia (-14.7 percent to CAD$139.81); Alberta (-13.8 percent to CAD$136.94); and Quebec (-12.5 percent to CAD$129.25).
- Prince Edward Island experienced the largest RevPAR increase, rising 11.8 percent to CAD$122.39.
- Alberta reported the largest drop in RevPAR, which fell 22.7 percent to CAD$91.60. Quebec (-20.6 percent to CAD$87.61); and British Columbia (-17.8 percent to CAD$109.05) also posted large RevPAR decreases.
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