Canada Results For Week Ending 26 January

HENDERSONVILLE, Tennessee -- The Canadian hotel industry experienced mixed results in the three key performance metrics during the week of 20-26 January 2013, according to data from STR.

In year-over-year comparisons, occupancy fell 3.0 percent to 54.8 percent, average daily rate rose 0.3 percent to CAD$125.95 and revenue per available room was down 2.8 percent to CAD$69.04.

Among the provinces, Newfoundland rose 13.2 percent in occupancy to 64.2 percent, reporting the only double-digit occupancy increase. Prince Edward Island fell 23.0 percent in occupancy to 33.8 percent, posting the largest decrease in that metric, followed by New Brunswick with a 12.7-percent decrease to 40.3 percent.

Newfoundland (+6.7 percent to CAD$132.44) and Saskatchewan (+6.6 percent to CAD$133.61) reported the largest ADR increases. British Columbia fell 3.6 percent in ADR to CAD$131.64, experiencing the largest ADR decrease for the week.

Newfoundland achieved the only double-digit RevPAR increase, jumping 20.8 percent to CAD$85.02. Prince Edward Island (-25.3 percent to CAD$28.10) and New Brunswick (-14.8 percent to CAD$43.81) reported the largest RevPAR decreases for the week.

About the STR companies | The STR family of companies, which was formed in 2008, comprises of STR, STR Global, RRC Associates, STR Analytics and HotelNewsNow.com. Each company services the hotel industry in a different capacity: STR is the data provider for North America and the Caribbean; STR Global provides non-North American data; RRC Associates is the research firm that focuses mainly on destinations; STR Analytics digs deeper into the data for the hotel industry and provides consulting services; and HotelNewsNow.com is a digital media platform that offers the latest industry news, trends and insight.