HENDERSONVILLE, Tennessee—The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 10-16 February 2013, according to data from STR.
In year-over-year comparisons, occupancy rose 0.2 percent to 58.5 percent, average daily rate was up 1.1 percent to CAD$127.02 and revenue per available room increased 1.4 percent to CAD$74.33.
Among the provinces, Newfoundland reported the only double-digit occupancy increase, rising 19.7 percent to 65.9 percent. Prince Edward Island (-10.3 percent to 41.7 percent) and Manitoba (-9.3 percent to 65.1 percent) posted the largest occupancy decreases for the week.
Prince Edward Island achieved the largest ADR increase, rising 8.2 percent to CAD$92.32, followed by Saskatchewan (+5.7 percent to CAD$134.12) and Newfoundland (+3.8 percent to CAD$129.02).
Newfoundland jumped 24.2 percent in RevPAR to CAD$85.09, reporting the largest increase in that metric, followed by Saskatchewan with a 9.6-percent increase to CAD$93.47. Manitoba fell 10.0 percent in RevPAR to CAD$74.79, experiencing the largest decrease in that metric.
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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
