STR: Canada results for week ending 22 June
The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 16-22 June 2013, according to data from STR. In year-over-year comparisons, occupancy rose 0.3 percent to 72.5 percent, average daily rate was up 1.0 percent to CAD$136.19 and revenue per available room increased 1.3 percent to CAD$98.76.
HENDERSONVILLE, Tennessee -- The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 16-22 June 2013, according to data from STR.
In year-over-year comparisons, occupancy rose 0.3 percent to 72.5 percent, average daily rate was up 1.0 percent to CAD$136.19 and revenue per available room increased 1.3 percent to CAD$98.76.
Among the provinces, Prince Edward Island rose 17.7 percent in occupancy to 64.0 percent, reporting the largest increase in that metric. Nova Scotia followed with a 10.8-percent increase to 72.1 percent. Saskatchewan reported the largest occupancy decrease, falling 9.5 percent to 72.0 percent.
Prince Edward Island increased 23.4 percent in ADR to CAD$128.46, achieving the only double-digit increase in that metric. Quebec fell 3.7 percent in ADR to CAD$142.57, posting the largest ADR decrease.
Three provinces experienced double-digit RevPAR increases: Prince Edward Island (+45.2 percent to CAD$82.26); Nova Scotia (+12.7 percent to CAD$90.56); and Manitoba (+11.3 percent to CAD$92.53). Saskatchewan fell 10.3 percent in RevPAR to CAD$99.47, reporting the largest decrease in that metric.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) 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 news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.