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.
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).
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