HENDERSONVILLE, Tennessee—The Canadian hotel industry reported mixed results in the three key performance metrics for the week of 5-11 September 2010, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy was up 0.6 percent to 63.8 percent. Average daily rate decreased 2.1 percent to CAD$127.59. Revenue per available room fell 1.5 percent to CAD$81.44.
Among the provinces, Nova Scotia reported the largest occupancy increase, rising 11.9 percent to 73.4 percent, followed by Saskatchewan with a 6.0-percent increase to 66.9 percent. Manitoba (-8.2 percent to 59.5 percent) and Alberta (-5.2 percent to 60.2 percent) posted the largest occupancy decreases.
Manitoba led the ADR increases, rising 4.5 percent to CAD$111.13, followed by Saskatchewan with a 3.3-percent decrease to CAD$119.83. Alberta reported the largest ADR decrease, falling 9.1 percent to CAD$129.88, followed by Newfoundland with a 6.8-percent decrease to CAD$128.01.
Nova Scotia reported the only double-digit RevPAR increase, rising 10.2 percent to CAD$89.36. Three provinces experienced RevPAR increases of more than 5 percent: Alberta (-13.9 percent to CAD$78.13); Newfoundland (-9.8 percent to CAD$91.22); and British Columbia (-8.0 percent to CAD$87.13).
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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Rachael Spann Urie
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