In year-over-year measurements, the Canadian hotel industrys occupancy was up 5.0 percent to 70.8 percent. Average daily rate increased 1.0 percent to CAD$129.19. Revenue per available room increased 6.2 percent to CAD$91.50.
The Canadian hotel industry reported positive results in the three key performance metrics for the week of 17-23 October 2010, according to data from STR.
In year-over-year measurements, the Canadian hotel industry’s occupancy was up 5.0 percent to 70.8 percent. Average daily rate increased 1.0 percent to CAD$129.19. Revenue per available room increased 6.2 percent to CAD$91.50.
Among the provinces, British Columbia achieved the largest occupancy increase, rising 8.8 percent to 65.3 percent, followed by Ontario with an 8.1-percent increase to 72.4 percent. Prince Edward Island (-5.9 percent to 38.2 percent) and Quebec (-2.8 percent to 70.5 percent) reported the largest occupancy decreases.
Three provinces experienced ADR increases of 5 percent or more: British Columbia (+10.2 percent to CAD$137.41); Newfoundland (+6.9 percent to CAD$139.41); and Manitoba (+5.0 percent to CAD$115.10). Quebec fell 8.8 percent to CAD$138.53, followed by Nova Scotia with a 4.3-percent decrease to CAD$118.04.
Three provinces reported double-digit RevPAR increases: British Columbia (+20.1 percent to CAD$89.77); Newfoundland (+13.9 percent to CAD$120.08); and Ontario (+12.3 percent to CAD$91.25). Quebec fell 11.2 percent in RevPAR to CAD$97.67, reporting the largest decrease in that metric.
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