HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics for the week of 28 November-4 December 2010, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy was up 5.0 percent to 58.5 percent. Average daily rate increased 0.5 percent to CAD$120.75. Revenue per available room increased 5.6 percent to CAD$70.69.
Among the provinces, Quebec reported the largest occupancy increase, rising 11.8 percent to 59.6 percent, followed by Alberta with a 7.0-percent increase to 63.0 percent. Two provinces posted occupancy decreases: Prince Edward Island (-6.0 percent to 31.6 percent) and Nova Scotia (-2.4 percent to 48.1 percent).
Quebec in ADR rose 4.0 percent to CAD$124.42, for the largest increase in that metric, followed Manitoba (+3.4 percent to CAD$110.52) and Saskatchewan (+3.4 percent to CAD$122.25). Prince Edward Island reported the largest ADR decrease, falling 5.2 percent to CAD$72.68.
Quebec’s RevPAR increased 16.4 percent to CAD$74.21, reporting the only double-digit increase in that metric, followed by Saskatchewan with a 5.0-percent increase to CAD$87.48. Two provinces posted RevPAR decreases: Prince Edward Island (-10.8 percent to CAD$22.97) and Nova Scotia (-1.0 percent to CAD$51.27).
STR (www.str.com) 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. STR also founded the Hotel Data Conference (www.Hoteldataconference.com), which will be held 3-4 August 2011 in Nashville, Tennessee.
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