Revenue per available room increase 21.2% to CAD$43.26
The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 16-22 December 2012, according to data from STR.
In year-over-year comparisons, occupancy rose 20.8 percent to 37.8 percent, average daily rate was up 0.4 percent to CAD$114.43 and revenue per available room increased 21.2 percent to CAD$43.26.
Among the provinces, Newfoundland jumped 63.6 percent in occupancy to 44.8 percent, reporting the largest increase in that metric. Saskatchewan followed with a 35.2-percent occupancy increase to 46.0 percent.
Newfoundland achieved the only double-digit ADR increase, rising 12.6 percent to CAD$118.36. British Columbia fell 7.9 percent in ADR to CAD$123.37, posting the largest decrease in that metric.
Newfoundland also experienced the largest RevPAR increase, rising 84.3 percent to CAD$52.97, followed by Saskatchewan (+43.1 percent to CAD$54.95) and Nova Scotia (+39.6 percent to CAD$30.91).
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