HENDERSONVILLE, Tennessee—The Canadian hotel industry reported increases in all three key performance measurements during the week of 13-19 June 2010, according to data released by STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy increased 8.9 percent to 72.5 percent. Average daily rate was up 2.5 percent to CAD$134.03. Revenue per available room for the week rose 11.5 percent to CAD$97.17.
Manitoba hotels reported the largest increase in occupancy with an 18.6-percent increase to 87.8 percent. Other double-digit occupancy increases were recorded in Quebec (+14.2 percent to 77.4 percent) and Ontario (+12.6 percent to 74.0 percent). Hotels in two provinces recorded reduced year-over-year occupancy rates: New Brunswick (-4.4 percent to 58.4 percent) and Saskatchewan (-0.8 percent to 76.7 percent).
Quebec outdistanced the other provinces in ADR increases as its ADR rose 13.1 percent to CAD$154.47. Manitoba posted a 9.7-percent ADR increase to CAD$119.83, and Newfoundland hotels reported a 6.5 percent rise to CAD$150.03. Four provinces reported decreases in ADR, including Alberta (-6.0 percent to CAD$137.27) and New Brunswick (-5.0 percent to CAD$110.32).
Four provinces posted double-digit RevPAR increases: Manitoba (+30.2 percent to CAD$105.24); Quebec (+29.2 percent to CAD$119.58); Ontario (+13.6 percent to CAD$92.43); and British Columbia (+10.0 percent to CAD$103.87). On the other end of the spectrum, New Brunswick hotels reported a 9.1-percent decrease in RevPAR to CAD$64.47.
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.
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