Canada results for week ending 31 December
The Canadian hotel industry reported positive results in the three key performance metrics for the week of 25-31 December 2011, according to data from STR. In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 3.9-percent increase to 43.1 percent, its average daily rate rose 4.3 percent to CAD$126.30 and its revenue per available room increased 8.4 percent to CAD$54.45.
HENDERSONVILLE, Tennessee -- The Canadian hotel industry reported positive results in the three key performance metrics for the week of 25-31 December 2011, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 3.9-percent increase to 43.1 percent, its average daily rate rose 4.3 percent to CAD$126.30 and its revenue per available room increased 8.4 percent to CAD$54.45.
Among the provinces, Alberta ended the week with the only double-digit occupancy increase, rising 14.1 percent to 42.6 percent. Two provinces reported double-digit occupancy decreases: Manitoba (-14.5 percent to 38.2 percent) and Prince Edward Island (-10.2 percent to 22.2 percent).
Two provinces experienced RevPAR increases of more than 15 percent: British Columbia (+24.2 percent to CAD$64.65) and Alberta (+18.6 percent to CAD$59.96). Manitoba (-11.3 percent to CAD$40.36) and Nova Scotia (-5.6 percent to CAD$32.27) posted the largest RevPAR decreases for the week.