The Canadian hotel industry reported mixed results in the three key performance metrics during the week of 8-14 February 2015, according to data from STR, Inc.
In year-over-year comparisons, occupancy fell 0.8 percent to 58.4 percent; average daily rate was up 1.9 percent to CAD$133.91; and revenue per available room increased 1.1 percent to CAD$78.19.
Among the provinces, Quebec (+6.0 percent to 66.0 percent) and British Columbia (+4.0 percent to 55.7 percent) achieved the highest occupancy increases for the week. The steepest decline was reported by Prince Edward Island, where occupancy fell 21.4 percent to 38.9 percent.
Quebec achieved the highest ADR increase for the week, up 3.7 percent to CAD$140.86. Prince Edward Island reported the largest ADR decrease, down 2.4 percent to CAD$104.04.
Among the provinces, Quebec (+10.0 percent to CAD$92.91) and Manitoba (+6.3 percent to CAD$77.36) reported the greatest RevPAR increases, whereas Prince Edward Island (-23.3 percent to CAD$40.49) reported the greatest decline.
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