Market Report Canada

Canadian Hotel Occupancy Up 4.6% to 60.5% For Week Ending 7 December 2013

Revenue per available room increases 7.3% to CAD$77.57

Smith Travel Research The Canadian hotel industry reported increases in the three key performance metrics during the week of 1-7 December 2013, according to data from STR.

In year-over-year comparisons, occupancy increased 4.6 percent to 60.5 percent; average daily rate was up 2.5 percent to CAD$128.19; and revenue per available room increased 7.3 percent to CAD$77.57.

Occupancy growth was uneven among the provinces, with some, such as Manitoba (+11.3 percent to 71.4 percent) making large gains. Others, such as Newfoundland and Labrador (-12.9 percent to 67.8 percent), reported steep declines.

Manitoba reported the largest ADR increase for the week, up 9.0 percent to CAD$126.40. Only one province, New Brunswick, reported a decline, down 1.1 percent to CAD$107.82.

The largest RevPAR increase for the week was reported by Manitoba, up 21.3 percent to CAD$90.21. The largest RevPAR decrease was experienced by Newfoundland and Labrador, where RevPAR fell 9.3 percent to CAD$89.78.

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