Canada Results for Week Ending January 28th

The Canadian hotel industry reported positive results in the three key performance metrics for the week of 22-28 January 2012, according to data from STR.

In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 3.8-percent increase to 56.7 percent, its average daily rate rose 3.3 percent to CAD$125.32 and its revenue per available room was up 7.2 percent to CAD$71.06.

Among the provinces, British Columbia, reported the largest occupancy increase, rising 8.2 percent to 57.4 percent, followed by Saskatchewan with a 7.3-percent increase to 67.7 percent. Prince Edward Island posted the only occupancy decrease, falling 1.3 percent to 44.0 percent.

Prince Edward Island rose 8.9 percent in ADR to CAD$85.59, reporting the largest increase in that metric, followed by British Columbia with a 7.9-percent increase to CAD$134.04.

Two provinces experienced double-digit RevPAR increases: British Columbia (+16.8 percent to CAD$76.99) and Alberta (+10.4 percent to CAD$82.87).

None of the provinces reported ADR and RevPAR decreases for the week.


About STR

STR provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering North America, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC and HotelNewsNow.com. For more information, please visit www.str.com.

Reader Comments:

Be the first to leave a comment for this article