The Canadian hotel industry reported increases in the three key performance metrics during the week of 6-12 October 2013, according to data from STR.
In year-over-year comparisons, occupancy rose 9.0 percent to 68.6 percent; average daily rate was up 2.4 percent to CAD$129.96; and revenue per available room increased 11.6 percent to CAD$89.10.
Among the provinces, Newfoundland rose 17.5 percent in occupancy to 87.3 percent, achieving the largest increase in that metric. Alberta followed with an 11.6-percent increase to 71.6 percent. Prince Edward Island fell 27.7 percent in occupancy to 42.3 percent, posting the largest decrease in that metric.
Newfoundland increased 8.6 percent to CAD$152.11 in ADR, reporting the largest increase in that metric, followed by Ontario with a 5.1-percent increase to CAD$125.55. Quebec reported the largest ADR decrease, falling 2.9 percent to CAD$139.26.
Five markets experienced double-digit RevPAR increases: Newfoundland (+27.6 percent to CAD$132.82); Ontario (+14.8 percent to CAD$86.74); British Columbia (+13.6 percent to CAD$81.67); Alberta (+13.4 percent to CAD$98.30); and Nova Scotia (+10.3 percent to CAD$79.12). Prince Edward Island posted the only double-digit RevPAR decrease, falling 27.1 percent to CAD$43.41.
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