HENDERSONVILLE, Tennessee—The Canadian hotel industry posted decreases in all three key performance measurements during the week of 10-16 May, according to data from STR.
In year-over-year measurements, the industry’s occupancy fell 11.2 percent to end the week at 61.1 percent. Average daily rate dropped 8.8 percent to finish the week at CAD$124.96. Revenue per available room for the week decreased 19.0 percent to finish at CAD$76.41.
Of the provinces, Prince Edward Island and Manitoba were the only two to post increases in each of the three key performance metrics. Prince Edward Island recorded a 5.9-percent increase in occupancy (to 50.0 percent), an 8.8-percent jump in ADR (to CAD$92.10) and a 15.3-percent bump in RevPAR (to CAD$46.04)—the largest increases in each measurement.
British Columbia led declines in two of the three metrics, posting a 15.7-percent drop in occupancy (to 61.8 percent) and a 24.0-percent decline in RevPAR (to CAD$84.28). Ontario recorded the largest decrease in ADR, which was down 11.1 percent to CAD$120.05.
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For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 37,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tennessee, and STR Global is based in London. For more information, visit www.strglobal.com or www.HotelNewsNow.com.
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