The Canadian hotel industry reported mixed results in the three key performance metrics during the week of 29 June through 5 July 2014, according to data from STR.
In year-over-year comparisons, occupancy decreased 3.9 percent to 66.7 percent; average daily rate increased 2.7 percent to CAD$142.06; and revenue per available room decreased 1.3 percent to CAD$94.75.
Among the provinces, Manitoba experienced the largest occupancy increase, up 9.6 percent to 55.6 percent. The largest decreases in occupancy were reported by Alberta (-11.3 percent to 63.5 percent) and Newfoundland and Labrador (-9.7 percent to 74.0 percent).
Prince Edward Island achieved the largest ADR increase for the week, up 6.0 percent to CAD$153.47. Despite its large occupancy increase, Manitoba was not able to command pricing power and posted the largest ADR loss, down 2.4 percent to CAD$108.74.
Prince Edward Island reported both the largest RevPAR gain (+12.9 percent) and the highest actual RevPAR of CAD$120.68. Alberta reported the largest RevPAR decrease (-9.2 percent to CAD$102.97).
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