STR: Canada Results Week Ending 3 August
In year-over-year comparisons, occupancy rose 2% to 73.9%; ADR was up 1.8% to CA$136.44; and RevPAR increased 3.8% to CA$100.90
The Canadian hotel industry reported positive results in the three key performance metrics during the week of 28 July-3 August 2013, according to data from STR. In year-over-year comparisons, occupancy rose 2.0 percent to 73.9 percent, average daily rate was up 1.8 percent to CAD$136.44 and revenue per available room increased 3.8 percent to CAD$100.90.
HENDERSONVILLE, Tennessee -- The Canadian hotel industry reported positive results in the three key performance metrics during the week of 28 July-3 August 2013, according to data from STR.
In year-over-year comparisons, occupancy rose 2.0 percent to 73.9 percent, average daily rate was up 1.8 percent to CAD$136.44 and revenue per available room increased 3.8 percent to CAD$100.90.
Among the provinces, Ontario reported the largest occupancy increase, rising 3.8 percent to 71.7 percent, followed by Newfoundland with a 2.8-percent increase to 94.9 percent. Manitoba fell 13.9 percent in occupancy to 61.2 percent, posting the largest decrease in that metric.
Newfoundland (+3.6 percent to CAD$154.77) and Prince Edward Island (+3.5 percent to CAD$137.21) achieved the largest ADR increases for the week. New Brunswick fell 1.0 percent in ADR to CAD$117.50, posting the largest decrease in that metric.
Ontario rose 7.0 percent in RevPAR to CAD$89.47, reporting the largest growth in that metric, followed by Newfoundland (+6.5 percent to CAD$146.83) and Prince Edward Island (+6.0 percent to CAD$116.75). Manitoba ended the week with the only double-digit RevPAR decrease, falling 14.3 percent to CAD$68.35.