HENDERSONVILLE, Tennessee—The Canadian hotel industry experienced negative results in the three key performance metrics during the week of 24-30 March 2013, according to data from STR.
In year-over-year comparisons, occupancy fell 9.7 percent to 54.9 percent, average daily rate was down 1.5 percent to CAD$121.95 and revenue per available room decreased 11.0 percent to CAD$66.89.
Among the provinces, Prince Edward Island reported the largest occupancy decrease, falling 28.3 percent to 31.3 percent. New Brunswick followed with a 26.5-percent increase to 45.2 percent. None of the provinces posted an occupancy increase for the week.
Prince Edward Island achieved the largest ADR increase, rising 6.9 percent to CAD$84.37, followed by Saskatchewan with a 2.1-percent increase to CAD$129.52. Ontario fell 5.3 percent in ADR to CAD$113.54, posting the largest decrease in that metric.
New Brunswick (-28.7 percent to CAD$48.33) and Prince Edward Island (-23.3 percent to CAD$26.39) reported the largest RevPAR decreases for the week. None of the provinces posted a RevPAR increase during the week.
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Rachael Spann Urie
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