HENDERSONVILLE, Tennessee—The Canadian hotel industry reported positive results in the three key performance metrics for the week of 1-7 January 2012, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 1.7-percent increase to 37.0 percent, its average daily rate rose 3.5 percent to CAD$114.39 and its revenue per available room increased 5.3 percent to CAD$42.32.
Among the provinces, Alberta reported the only double-digit occupancy increase, rising 10.1 percent to 42.3 percent. Manitoba fell 14.3 percent in occupancy to 37.3 percent, followed by Prince Edward Island (-13.4 percent to 21.2 percent) and Newfoundland (-11.9 percent to 32.6 percent).
Research Ad Will Appear Here
British Columbia achieved the largest ADR increase, rising 18.6 percent to CAD$133.48. Ontario posted the only ADR decrease, falling 2.1 percent to CAD$101.98.
Three provinces experienced double-digit RevPAR increases: British Columbia (+23.7 percent to CAD$45.13); Alberta (+14.0 percent to CAD$52.50); and Quebec (+10.7 percent to CAD$48.20). Manitoba reported the largest RevPAR decrease, falling 12.8 percent to CAD$39.22.
VP, Digital Media & Communications
+1 (615) 824-8664 ext. 3318
Rachael Spann Urie
Director, Public Relations
+1 (615) 824-8664 ext. 3305