HENDERSONVILLE, Tennessee—The Canadian hotel industry reported increases in all three key performance metrics for the week of 22-28 May 2011, according to data from STR.
In year-over-year measurements, the Canadian hotel industry ended the week with a 3.3-percent increase in occupancy to 65.4 percent, a 3.2-percent increase in average daily rate to CAD$130.79 and a 6.7-percent increase in revenue per available room to CAD$85.51.
Among the provinces, Prince Edward Island rose 53.1 percent in occupancy to 57.7 percent, reporting the largest increase in that metric, followed by Newfoundland with a 15.9-percent increase to 80.3 percent. Saskatchewan fell 8.5 percent in occupancy to 62.7 percent, posting the largest decrease in that metric.
Three provinces experienced ADR increases of more than 5 percent: British Columbia (+9.3 percent to CAD$146.14); Newfoundland (+7.8 percent to CAD$147.81); and Quebec (+7.2 percent to CAD$145.17). Prince Edward Island reported the largest ADR decrease, falling 6.0 percent to CAD$89.88.
Prince Edward Island (+43.9 percent to CAD$51.85) and Newfoundland (+24.9 percent to CAD$118.66) reported the largest RevPAR increases for the week. Saskatchewan posted the only RevPAR decrease of more than 5 percent, falling 8.7 percent to CAD$76.76.
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Jeff Higley
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Rachael Spann Urie
Communications Coordinator
rurie@str.com
+1 (615) 824-8664 ext. 3305