Trends

Canadian Hotel Occupancy Increases Slightly to 65.0% For Week Ending 27 April 2013

Revenue per available room up 2.8% to CAD$82.93

STR The Canadian hotel industry experienced positive results in the three key performance metrics during the week of 21-27 April 2013, according to data from STR.

In year-over-year comparisons, occupancy rose 0.3 percent to 65.0 percent, average daily rate was up 2.5 percent to CAD$127.51 and revenue per available room increased 2.8 percent to CAD$82.93.

Among the provinces, New Brunswick reported the largest occupancy increase, rising 6.4 percent to 55.5 percent. Alberta followed with a 5.4-percent increase to 73.5 percent. Newfoundland fell 9.0 percent in occupancy to 72.2 percent, posting the largest decrease in that metric.

Saskatchewan (+6.2 percent to CAD$134.77) and Alberta (+5.0 percent to CAD$142.36) reported the largest ADR increases for the week. British Columbia posted the largest ADR decrease, falling 3.2 percent to CAD$121.91.

Alberta reported the only double-digit RevPAR increase, rising 10.6 percent to CAD$104.61. Newfoundland fell 11.2 percent in RevPAR to CAD$93.80, experiencing the largest decrease in that metric.

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STR provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering North America, Mexico and Caribbean. STR provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR founded the STR family of companies and is proudly associated with STR Global, RRC and HotelNewsNow.com. For more information, please visit www.str.com.



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