The Canadian hotel industry posted decreases in all three key performance measurements during the week of 9-15 August, according to data from STR.
In year-over-year measurements, the industry's occupancy fell 6.4 percent to end the week at 73.6 percent. Average daily rate dropped 8.0 percent to finish the week at CAD$128.31. Revenue per available room for the week decreased 13.8 percent to finish at CAD$94.47.
Among the provinces, New Brunswick reported the largest occupancy increase, up 4.3 percent to 82.9 percent. Newfoundland followed with a 2.6-percent increase in occupancy to 87.8 percent. Alberta posted the largest occupancy decrease, falling 12.3 percent to 70.9 percent, followed by Ontario (-8.4 percent to 70.0 percent) and Nova Scotia (-5.0 percent to 83.6 percent).
Saskatchewan experienced the largest ADR increase, up 5.8 percent to CAD$115.77, followed by Prince Edward Island with a 3.3-percent increase to CAD$139.47. Two provinces reported double-digit ADR decreases: Alberta (-13.3 percent to CAD$138.93) and Nova Scotia (-10.0 percent to CAD$125.07).
Saskatchewan posted the largest increase in RevPAR, up 4.8 percent to CAD$85.89. New Brunswick was the only other province to report a RevPAR increase, rising 2.4 percent to CAD$100.87. Five provinces experienced double-digit RevPAR decreases: Alberta (-23.9 percent to CAD$98.52); Ontario (-14.7 percent to CAD$83.55); Nova Scotia (-14.5 percent to CAD$104.57); British Columbia (-12.0 percent to CAD$112.84); and Quebec (-10.6 percent to CAD$104.99).
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For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London. For more information, visit www.smithtravelresearch.com or www.strglobal.com.
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