STR Reports Canada Performance for Week Ending 26 June 2010

In year-over-year measurements, the Canadian hotel industry’s occupancy increased 13.2 percent to 74.6 percent. Average daily rate was up 13.5 percent to CAD$147.36. Revenue per available room for the week rose 28.5 percent to CAD$109.99.
The Canadian hotel industry reported increases in all three key performance measurements during the week of 20-26 June 2010, according to data released by STR.

In year-over-year measurements, the Canadian hotel industry’s occupancy increased 13.2 percent to 74.6 percent. Average daily rate was up 13.5 percent to CAD$147.36. Revenue per available room for the week rose 28.5 percent to CAD$109.99.

Three provinces experienced occupancy increases of more than 20 percent: Quebec (+25.3 percent to 74.3 percent); Prince Edward Island (+23.3 percent to 69.4 percent); and Ontario (+21.6 percent to 78.7 percent). New Brunswick posted the largest occupancy decrease, falling 5.3 percent to 64.9 percent, followed by Saskatchewan with a 2.2-percent decrease to 73.9 percent.

Ontario jumped 30.2 percent in ADR to CAD$156.66, reporting the largest increase in that metric. Nova Scotia posted the largest ADR decrease, falling 4.7 percent to CAD$119.51, followed by New Brunswick with a 4.3-percent decrease to CAD$114.97.

Ontario achieved the largest RevPAR increase, rising 58.3 percent to CAD$123.28, followed by Quebec (+35.9 percent to CAD$112.55) and Prince Edward Island (+23.5 percent to CAD$84.29). New Brunswick posted the only RevPAR decrease of more than 5 percent, falling 9.4 percent to CAD$74.62.

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.





















Source: Smith Travel Research / Nevistas


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