Canada performance for week ending 1 September
Canada’s hotel industry reported positive results in the three key performance metrics for the week of 26 August-1 September 2012, according to data from STR. In year-over-year measurements, the country’s hotel occupancy increased 5.8 percent to 72.9 percent, its average daily rate rose 2.3 percent to CAD$129.08 and its revenue per available room was up 8.3 percent to CAD$94.11.
HENDERSONVILLE, Tennessee -- Canada’s hotel industry reported positive results in the three key performance metrics for the week of 26 August-1 September 2012, according to data from STR.
In year-over-year measurements, the country’s hotel occupancy increased 5.8 percent to 72.9 percent, its average daily rate rose 2.3 percent to CAD$129.08 and its revenue per available room was up 8.3 percent to CAD$94.11.
Among the provinces, Prince Edward Island rose 14.8 percent in occupancy to 70.5 percent. Alberta followed with an 11.3-percent occupancy increase to 71.9 percent. Manitoba fell 7.0 percent in occupancy to 63.4 percent, posting the largest decrease in that metric.
Nova Scotia (+4.9 percent to CAD$126.19), Quebec (+4.7 percent to CAD$140.23) and Saskatchewan (+4.2 percent to CAD$125.82) reported the largest ADR increases for the week. None of the provinces reported an ADR decrease.
Prince Edward Island reported a 15.6-percent gain in RevPAR to CAD$80.84, followed by Alberta (+14.8 percent to CAD$101.22) and Nova Scotia (+14.5 percent to CAD$103.63). Manitoba fell 7.0 percent in RevPAR to CAD$69.74, posting the largest decrease in that metric.