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Canada performance for week ending 7 July

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12 July 2012
HNN Newswire


HENDERSONVILLE, Tennessee—Canada’s hotel industry reported mixed results in the three key performance metrics for the week of 1-7 July 2012, according to data from STR.

In year-over-year measurements, the country’s hotel occupancy ended the week with a 2.6-percent decrease to 67.0 percent, its average daily rate was up 2.1 percent to CAD$133.29 and its revenue per available room ended the week virtually flat with a 0.6-percent decrease to CAD$89.31.

Among the provinces, Ontario ended the week virtually flat in occupancy with a 0.4-percent increase to 65.1 percent, reporting the only positive growth for the week. Manitoba fell 15.6 percent in occupancy to 60.7 percent, posting the largest decrease in that metric, followed by Nova Scotia with an 11.5-percent decrease to 66.7 percent.

Alberta experienced the largest ADR increase, rising 6.1 percent to CAD$157.59, followed by Ontario with a 5.2-percent increase to CAD$123.74. Newfoundland fell 9.1 percent to CAD$140.57, reporting the largest decrease in that metric.

Ontario (+5.7 percent to CAD$80.53) and Alberta (+3.4 percent to CAD$104.75) achieved the only RevPAR increases for the week. Three provinces posted RevPAR decreases of more than 15 percent: Newfoundland (-17.2 percent to CAD$118.00); Nova Scotia (-15.8 percent to CAD$79.23); and Manitoba (-15.4 percent to CAD$66.71).

Media contacts:
 
Jeff Higley
VP, Digital Media & Communications      
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

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