STR: Canada results for week ending 13 August
The Canadian hotel industry reported mixed results in the three key performance metrics for the week of 8-13 August 2011, according to data from STR. In year-over-year measurements, the Canadian hotel industry ended the week virtually flat in occupancy with a 0.1-percent decrease to 76.1 percent, average daily rate rose 0.5 percent to CAD$131.24 and revenue per available room ended the week virtually flat with a 0.5-percent increase to CAD$99.87.
HENDERSONVILLE, Tennessee -- The Canadian hotel industry reported mixed results in the three key performance metrics for the week of 8-13 August 2011, according to data from STR.
In year-over-year measurements, the Canadian hotel industry ended the week virtually flat in occupancy with a 0.1-percent decrease to 76.1 percent, average daily rate rose 0.5 percent to CAD$131.24 and revenue per available room ended the week virtually flat with a 0.5-percent increase to CAD$99.87.
Among the provinces, Newfoundland rose 10.6 percent in occupancy to 95.3 percent, reporting the largest increase in that metric, followed by British Columbia (+7.5 percent to 84.8 percent) and Manitoba (+7.0 percent to 71.4 percent). Ontario reported the largest occupancy decrease, falling 3.9 percent to 73.8 percent.
Newfoundland posted the only double-digit ADR increase, rising 12.8 percent to CAD$146.02. Prince Edward Island (-3.5 percent to CAD$125.37) and Quebec (-3.2 percent to CAD$135.87) reported the largest ADR decreases for the week.
Three provinces achieved double-digit RevPAR increases: Newfoundland (+24.7 percent to CAD$139.12); British Columbia (+15.3 percent to CAD$132.80); and Manitoba (+10.0 percent to CAD$79.11). Prince Edward Island fell 5.9 percent to CAD$106.05, reporting the largest RevPAR decrease.