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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