HENDERSONVILLE, Tennessee—The Canadian hotel industry reported mostly positive results during the week of 8-14 August 2010, according to data released by STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy increased 3.4 percent to 76.3 percent. Average daily rate ended the week virtually flat with a 0.5-percent increase to CAD$129.74. Revenue per available room for the week rose 3.9 percent to CAD$98.95.
Among the provinces, Ontario reported the largest occupancy increase, rising 9.6 percent to 76.8 percent, followed by Quebec with a 5.1-percent increase to 80.6 percent. Two provinces experienced occupancy decreases of more than 5 percent: Manitoba (-9.4 percent to 66.6 percent) and New Brunswick (-5.6 percent to 77.7 percent).
Quebec led the ADR increases, rising 3.1 percent to CAD$140.72, followed by Manitoba (+3.0 percent to CAD$107.85) and Ontario (+2.7 percent to CAD$122.99). Prince Edward Island (-7.6 percent to CAD$128.88) and Alberta (-6.1 percent to CAD$131.49) posted the largest ADR decreases for the week.
Ontario increased 12.4 percent in RevPAR to CAD$94.42, reporting the largest increase in that metric, followed by Quebec with an 8.3-percent increase to CAD$113.37. Alberta posted the only double-digit RevPAR decrease, falling 10.4 percent to CAD$89.31.
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
Rachael Spann Urie
+1 (615) 824-8664 ext. 3305