STR - Canada Results For Week Ending 8 June
The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 2-8 June 2013, according to data from STR. In year-over-year comparisons, occupancy rose 2.8 percent to 72.1 percent, average daily rate was up 1.9 percent to CAD$142.69 and revenue per available room increased 4.7 percent to CAD$102.89.
HENDERSONVILLE, Tennessee -- The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 2-8 June 2013, according to data from STR.
In year-over-year comparisons, occupancy rose 2.8 percent to 72.1 percent, average daily rate was up 1.9 percent to CAD$142.69 and revenue per available room increased 4.7 percent to CAD$102.89.
Among the provinces, Prince Edward Island reported the largest occupancy increase, rising 51.7 percent to 58.3 percent. British Columbia followed with a 12.1-percent increase in occupancy to 72.8 percent.
Prince Edward Island reported the only double-digit ADR increase, rising 33.0 percent to CAD$133.42.
Three provinces achieved double-digit RevPAR increases: Prince Edward Island (+101.7 percent to CAD$77.84); British Columbia (+18.0 percent to CAD$107.36); and Newfoundland (+12.0 percent to CAD$142.46).
Nova Scotia reported the largest decrease in all three key performance metrics. Occupancy fell 6.0 percent to 66.1 percent, its ADR was down 6.7 percent to CAD$125.40 and its RevPAR decreased 12.3 percent to CAD$82.91.