HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics for the week of 26 September-2 October 2010, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy was up 8.2 percent to 72.7 percent. Average daily rate increased 3.1 percent to CAD$132.84. Revenue per available room increased 11.5 percent to CAD$96.61.
Among the provinces, Nova Scotia achieved the largest occupancy increase, rising 16.8 percent to 83.4 percent, followed by British Columbia (+11.2 percent to 70.3 percent) and Quebec (+10.2 percent to 75.6 percent). Prince Edward Island fell 5.8 percent in occupancy to 59.8 percent, reporting the largest decrease in that metric.
Prince Edward Island reported the only double-digit ADR increase, rising 10.2 percent to CAD$107.92, followed by British Columbia with a 8.7-percent increase to CAD$146.53. Quebec ended the week virtually flat in ADR with a 0.9-percent decrease to CAD$139.98.
Two markets experienced RevPAR increases of more than 20 percent: Nova Scotia (+24.5 percent to CAD$110.10) and British Columbia (+21.0 percent to CAD$103.05). New Brunswick posted the only RevPAR decrease, falling 2.5 percent to CAD$76.88.
About STR
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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