This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
Canada results week ending 18 May 2013
May 23 2013

In year-over-year comparisons, occupancy fell 0.8% to 65.2%, ADR was up 1.3% to CAD$131.94 and RevPAR increased 0.5% to CAD$85.98. 

HNN Newswire

HENDERSONVILLE, Tennessee—The Canadian hotel industry experienced mostly positive results in the three key performance metrics during the week of 5-11 May 2013, according to data from STR.

In year-over-year comparisons, occupancy fell 0.8 percent to 65.2 percent, average daily rate was up 1.3 percent to CAD$131.94 and revenue per available room increased 0.5 percent to CAD$85.98.

Among the provinces, Alberta achieved the largest occupancy increase, rising 3.7 percent to 67.9 percent. Prince Edward Island followed with a 2.7-percent increase to 52.4 percent. Newfoundland fell 13.1 percent in occupancy to 68.7 percent, reporting the only double-digit decrease in that metric.

Saskatchewan reported the largest ADR increase, rising 7.2 percent to CAD$136.52. British Columbia fell 4.1 percent in ADR to CAD$133.58, posting the largest decrease in that metric.

Saskatchewan (+9.9 percent to CAD$97.30) and Alberta (+7.4 percent to CAD$96.57) experienced the largest RevPAR increases. Newfoundland posted the only double-digit RevPAR decrease, falling 13.1 percent to CAD$97.86.

About STR
STR (www.str.com) provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering the United States, Canada, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, global pipelines and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC Associates, STR Analytics, and HotelNewsNow.com. STR also founded the Hotel Data Conference (www.Hoteldataconference.com).

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

COMMENTS   Show All
Login or enter a name   Post Your Comment  Check to follow this thread via email alerts (must be logged in)
(4000 characters max)

Comments that include links or URLs will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff

TRENDING
Tiered Wi-Fi emerges as new industry model
Heartbleed a ‘significant’ threat to hotels
How to mitigate dependence on OTAs
Omni Nashville GM hits hotel jackpot
The role of today’s management company
A ho(s)tel path: Meininger builds rare model
VIDEO
Hunter Hotel Conference postgame wrap
Bazin outlines Accor investment strategy
Accor's Bazin talks growth
Sébastien Bazin's view from the top
Chris Nassetta talks lifestyle brand
LATEST NEWS
US hotel management contracts list
Global chains gain steam in lifestyle space
Cracks forming in loan underwriting?
Capital recycling fuels Hyatt’s growth
US hotel transactions list
Hotel Equities’ Cerrone takes several paths
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
        
Copyright © 2004 - 2014 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy