STR reports Canada performance for week ending 28 November
In year-over-year measurements, the industry's occupancy decreased 6.4 percent to end the week at 55.8 percent. Average daily rate dropped 3.0 percent to finish the week at CAD$119.50. Revenue per available room for the week decreased 9.2 percent to finish at CAD$66.66.
The Canadian hotel industry posted declines in all three key performance measurements during the week of 22-28 November, according to data from STR.
In year-over-year measurements, the industry's occupancy decreased 6.4 percent to end the week at 55.8 percent. Average daily rate dropped 3.0 percent to finish the week at CAD$119.50. Revenue per available room for the week decreased 9.2 percent to finish at CAD$66.66.
Among the provinces, Prince Edward Island experienced the largest occupancy increase, rising 8.0 percent to 43.4 percent, followed by New Brunswick with a 7.7-percent increase to 58.5 percent. Four provinces reported double-digit occupancy decreases: Manitoba (-17.4 percent to 61.2 percent); British Columbia (-11.9 percent to 49.6 percent); Nova Scotia (-11.5 percent to 50.9 percent); and Alberta (-11.0 percent to 58.9 percent).
Saskatchewan posted the largest ADR increase, up 6.9 percent to CAD$125.15. Prince Edward Island (+2.6 percent to CAD$80.16) and Manitoba (+1.4 percent to CAD$107.32) also reported ADR increases. Ontario reported the largest ADR decrease, falling 5.6 percent to CAD$115.08.
Prince Edward Island jumped 10.6 percent to CAD$34.76 in RevPAR, reporting the largest increase. New Brunswick followed with a 7.8-percent increase to CAD$62.60. Four provinces experienced double-digit RevPAR decreases: Manitoba (-16.2 percent to CAD$65.72); British Columbia (-14.5 percent to CAD$57.43); Nova Scotia (-12.7 percent to CAD$55.08); and Alberta (-12.0 percent to CAD$79.68).
About STR & STR Global
For more than 20 years, Smith Travel Research has been the recognized leader for lodging industry benchmarking and research. Smith Travel Research and STR Global offer monthly, weekly, and daily STAR benchmarking reports to more than 36,000 hotel clients, representing nearly 5 million rooms worldwide. STR is headquartered in Hendersonville, Tenn., and STR Global is based in London. For more information, visit www.smithtravelresearch.com or www.strglobal.com.
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