STR: Canada hotel results week ending 17 July
The Canadian hotel industry reported positive results in the three key performance measurements during the week of 11-17 July 2010, according to data released by STR. In year-over-year measurements, the Canadian hotel industry’s occupancy increased 6.6 percent to 72.8 percent. Average daily rate ended the week up 3.1 percent to CAD$132.42. Revenue per available room for the week rose 9.9 percent to CAD$96.39.