HENDERSONVILLE, Tennessee—The Canadian hotel industry posted decreases in all three key performance measurements during the week of 10-16 January 2010, according to data from STR.
In year-over-year measurements, the industry’s occupancy decreased 3.1 percent to end the week at 49.2 percent. Average daily rate fell 1.8 percent to finish the week at CAD$118.65. Revenue per available room for the week declined 5.0 percent to CAD$58.37.
Among the provinces, Manitoba reported the largest occupancy increase, up 4.9 percent to 57.4 percent. Saskatchewan experienced the largest occupancy decrease, dropping 11.0 percent to 60.7 percent, followed by Alberta with a 10.2-percent decrease to 52.2 percent.
British Columbia posted the largest ADR increase, rising 2.8 percent to CAD$125.61, followed by Manitoba (+2.6 percent to CAD$105.68) and Saskatchewan (+2.6 percent to CAD$120.43). Alberta reported the largest ADR decrease, falling 5.8 percent to CAD$126.72.
Two provinces posted RevPAR increases for the week: Manitoba (+7.7 percent to CAD$60.62) and British Columbia (+1.8 percent to CAD$60.03). Nova Scotia ended the week virtually flat in RevPAR, reporting a 0.8-percent decrease to CAD$45.70. Alberta experienced the only double-digit RevPAR decrease, falling 15.4 percent to CAD$66.12.
STR provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering North America, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC and HotelNewsNow.com. For more information, please visit www.str.com.
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