The Canadian hotel industry reported increases in the three key performance metrics during the week of 13-19 July 2014, according to data from STR.
In year-over-year comparisons, occupancy increased 1.1 percent to 75.4 percent; average daily rate was up 3.9 percent to CAD$142.24; and revenue per available room increased 5.0 percent to CAD$107.29.
Among the provinces, Prince Edward Island achieved the largest occupancy increase, up 12.8 percent to 86.4 percent. Saskatchewan ended the week at a 7.6-percent loss to 71.2 percent, the largest decline in that metric.
All provinces except Manitoba (-0.7 percent to CAD$112.46) experienced ADR increases. Newfoundland and Labrador reported the most growth, up 6.9 percent to CAD$161.24. This was also the highest actual ADR for the week.
Prince Edward Island (+17.8 percent to CAD$124.58) and Quebec (+13.7 percent to CAD$112.85) reported the greatest RevPAR increases, driven primarily by occupancy growth. Despite ADR gains, Saskatchewan (-4.9 percent to CAD$95.08) and Alberta (-1.7 percent to CAD$114.47) were unable to command RevPAR growth.
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