HENDERSONVILLE, Tennessee—The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 17-23 March 2013, according to data from STR.
In year-over-year comparisons, occupancy rose 4.9 percent to 63.4 percent, average daily rate was up 1.8 percent to CAD$126.31 and revenue per available room increased 6.7 percent to CAD$80.03.
Among the provinces, Quebec reported the only double-digit occupancy increase, rising 13.4 percent to 61.9 percent. Prince Edward Island fell 30.4 percent in occupancy to 30.4 percent, posting the largest decrease in that metric.
Saskatchewan led the ADR increases, rising 6.0 percent to CAD$133.82, followed by Newfoundland (+4.9 percent to CAD$131.46). British Columbia reported the largest ADR decrease, falling 3.2 percent to CAD$124.94.
Four provinces achieved RevPAR increases of more than 10 percent: Newfoundland (+13.8 percent to CAD$95.78); Quebec (+13.8 percent to CAD$78.31); Alberta (+11.2 percent to CAD$99.07); and Ontario (+10.1 percent to CAD$75.14). Prince Edward Island fell 31.0 percent in RevPAR to CAD$24.66, posting the largest decrease in that metric.
VP, Digital Media & Communications
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Rachael Spann Urie
Director, Public Relations
+1 (615) 824-8664 ext. 3305