HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics for the week of 12-18 September 2010, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy was up 3.2 percent to 75.0 percent. Average daily rate increased 1.0 percent to CAD$134.42. Revenue per available room increased 4.3 percent to CAD$100.84.
Among the provinces, Newfoundland reported the largest decreases in all three key performance metrics: occupancy fell 2.4 percent to 90.7 percent, ADR was down 8.4 percent to CAD$139.00, and RevPAR dropped 10.6 percent to CAD$126.06.
Prince Edward Island experienced the largest occupancy increase, rising 10.4 percent to 75.4 percent, followed by Quebec with a 9.8-percent increase to 77.2 percent.
Two provinces posted ADR increases of more than 5 percent: Manitoba (+7.0 percent to CAD$116.75) and Quebec (+6.2 percent to CAD$146.73).
Quebec led the RevPAR increases, rising 16.5 percent to CAD$113.23, followed by Prince Edward Island (+11.4 percent to CAD$83.03) and New Brunswick (+8.7 percent to CAD$92.85).
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
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Rachael Spann Urie
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