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STR: Canada results week ending 27 October

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01 November 2012
HNN Newswire


HENDERSONVILLE, Tennessee—The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 21-27 October 2012, according to data from STR.

In year-over-year comparisons, occupancy rose 3.4 percent to 67.8 percent, average daily rate was up 2.7 percent to US$130.42 and revenue per available room increased 6.2 percent to US$88.37.

Among the provinces, New Brunswick rose 11.4 percent in occupancy to 63.4 percent, followed by Nova Scotia with a 9.1-percent increase to 72.6 percent. Manitoba fell 9.4 percent in occupancy to 68.4 percent, posting the largest decrease in that metric.

Saskatchewan rose 6.8 percent in ADR to CAD$132.70, reporting the largest increase in that metric. None of the provinces reported ADR decreases for the week.

Four provinces achieved double-digit RevPAR increases: Alberta (+14.6 percent to CAD$98.79); New Brunswick (+11.8 percent to CAD$70.60); Saskatchewan (+10.8 percent to CAD$105.28); and Nova Scotia (+10.3 percent to CAD$87.22). Manitoba (-8.6 percent to CAD$79.58) and Prince Edward Island (-3.0 percent to CAD$32.25) reported the only RevPAR decreases for the week.

Media Contacts:

Jeff Higley
VP, Digital Media & Communications      
jeff@str.com
+1 (615) 824-8664 ext. 3318

Rachael Spann Urie
Director, Public Relations
rurie@str.com
+1 (615) 824-8664 ext. 3305

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