HENDERSONVILLE, Tennessee—The Canadian hotel industry reported increases in all three key performance measurements during the week of 9-15 May 2010, according to data from STR.
In year-over-year measurements, the industry’s occupancy increased 4.9 percent to 63.9 percent. Average daily rate ended the week virtually flat with a 0.5-percent increase to CAD$127.26. Revenue per available room for the week was up 5.4 percent to CAD$81.28.
Manitoba reported the largest increases in all three key performance metrics among the provinces. It rose 12.4 percent in occupancy to 75.2 percent, ADR was up 9.0 percent to CAD$115.95, and RevPAR jumped 22.5 percent to CAD$87.20.
British Columbia ended the week with a 10.1-percent increase in occupancy to 67.8 percent. Prince Edward Island fell 11.8 percent in occupancy to 44.2 percent, reporting the largest decrease in that metric, followed by Alberta with a 7.3-percent decrease to 58.1 percent.
New Brunswick reported the largest ADR decrease, falling 5.5 percent to CAD$110.58, followed by Alberta (-3.0 percent to CAD$134.25) and Prince Edward Island (-2.1 percent to CAD$90.15).
Excluding Manitoba, British Columbia was the only province to report a double-digit RevPAR increase, rising 14.3 percent to CAD$98.10. Two provinces posted RevPAR decreases of more than 10 percent: Prince Edward Island (-13.8 percent to CAD$39.80) and Alberta (-10.1 percent to CAD$78.06).
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 Associates, STR Analytics, and HotelNewsNow.com. For more information, please visit www.str.com.
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
+1 (615) 824-8664 ext. 3305