The Canadian hotel industry reported increases in the three key performance metrics during the week of 29 September to 5 October 2013, according to data from STR.
In year-over-year comparisons, occupancy rose 4.3 percent to 72.4 percent, average daily rate was up 4.1 percent to CAD$134.70, and revenue per available room increased 8.6 percent to CAD$97.57.
Among the provinces, Newfoundland reported the largest occupancy increase, rising 10.4 percent to 90.5 percent, followed by British Columbia (+9.6 percent to 69.1 percent). Prince Edward Island’s occupancy fell 26.6 percent to 51.9 percent, the largest decrease in that metric.
Newfoundland also achieved the largest ADR increase, rising 9.8 percent to CAD$153.51, followed by British Columbia (+6.7 percent to CAD$138.17) and Ontario (+4.7 percent to CAD$128.23). New Brunswick (-0.3 percent to CAD113.37) was the only province to report a decrease in ADR.
Three provinces posted double-digit RevPAR growth: Newfoundland (+21.3 percent to CAD138.90), British Columbia (+17.0 percent to CAD$95.43) and Alberta (+10.5 percent to CAD$105.68). Prince Edward Island’s RevPAR fell 25.0 percent to CAD$59.21, the largest decrease in that metric.
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