HENDERSONVILLE, Tennessee—The Canadian hotel industry experienced negative results in the three key performance metrics during the week of 23-29 December 2012, according to data from STR.
In year-over-year comparisons, occupancy fell 14.4 percent to 36.9 percent, average daily rate was down 2.8 percent to CAD$126.76 and revenue per available room decreased 16.8 percent to CAD$46.73.
Among the provinces, four reported occupancy decreases of more than 20 percent: Newfoundland (-30.7 percent to 19.9 percent); Manitoba (-25.5 percent to 28.4 percent); Nova Scotia (-25.5 percent to 22.6 percent); and New Brunswick (-20.7 percent to 23.8 percent).
Alberta (+3.9 percent to CAD$148.05) and British Columbia (+1.8 percent to CAD$165.30) reported the only ADR increases for the week. Ontario fell 10.9 percent in ADR to CAD$101.07, posting the only double-digit decrease in that metric.
Newfoundland fell 36.8 percent in RevPAR to CAD$23.49, posting the largest decrease in that metric, followed by Nova Scotia with a 32.1-percent decrease to CAD$22.31.
None of the provinces reported occupancy or RevPAR increases 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
