Canada performance for week ending 4 August

Canada’s hotel industry reported mixed results in the three key performance metrics for the week of 29 July-4 August 2012, according to data from STR. In year-over-year measurements, the country’s hotel occupancy increased 1.0 percent to 72.5 percent, its average daily rate ended the week virtually flat with a 0.9-percent decrease to CAD$132.75 and its revenue per available room was flat at CAD$96.30.

HENDERSONVILLE, Tennessee -- Canada’s hotel industry reported mixed results in the three key performance metrics for the week of 29 July-4 August 2012, according to data from STR.

In year-over-year measurements, the country’s hotel occupancy increased 1.0 percent to 72.5 percent, its average daily rate ended the week virtually flat with a 0.9-percent decrease to CAD$132.75 and its revenue per available room was flat at CAD$96.30.

Among the provinces, Alberta rose 6.2 percent in occupancy to 68.6 percent, achieving the largest increase in that metric, followed by Saskatchewan with a 4.7-percent increase to 69.7 percent.

Newfoundland (+3.9 percent to CAD$149.36) and Saskatchewan (+3.9 percent to CAD$122.73) posted the largest ADR increases.

Saskatchewan rose 8.8 percent in RevPAR to CAD$85.49, achieving the largest increase in that metric, followed by Alberta with a 7.1-percent increase to CAD$96.45.

Prince Edward Island experienced the largest decreases in all three key performance metrics. Its occupancy fell 1.3 percent to 84.8 percent, its ADR was down 3.7 percent to CAD$123.05 and its RevPAR decreased 4.9 percent to CAD$104.33.

About STR
STR () provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering the United States, Canada, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC Associates, STR Analytics, and HotelNewsNow.com. STR also founded the Hotel Data Conference ().

Markets & Performance Markets & Performance USA & Canada Canada

CoStar Group is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and...