STR Reports Canada Performance for Week Ending 26 September 2009
October 2, 2009 - The Canadian hotel industry posted declines in all three key performance measurements during the week of 20-26 September, according to data from STR.
In year-over-year measurements, the industry's occupancy decreased 7.3 percent to end the week at 72.1 percent. Average daily rate dropped 6.9 percent to finish the week at CAD$129.69. Revenue per available room for the week decreased 13.7 percent to finish at CAD$93.56.
Prince Edward Island reported the largest occupancy increase among the provinces, up 7.3 percent to 66.1 percent. New Brunswick also reported an occupancy increase, up 0.5 percent to 66.9 percent. Alberta posted the largest occupancy decrease, falling 13.6 percent to 68.5 percent, followed by Saskatchewan with a 10.7 percent decrease to 75.1 percent.
Saskatchewan experienced the largest ADR increase, up 4.6 percent to CAD$119.43, followed by Manitoba with a 0.8 percent increase to CAD$111.01. British Columbia posted the largest ADR decrease, falling 10.0 percent to CAD$133.45.
Prince Edward Island reported a 1.5-percent increase in RevPAR to CAD$72.15, followed by Manitoba with a 0.1 percent increase to CAD$86.87. Five provinces experienced double-digit RevPAR decreases: Alberta (-19.3 percent to CAD$93.26); British Columbia (-16.0 percent to CAD$90.44); Quebec (-14.2 percent to CAD$102.30); Ontario (-12.9 percent to CAD$92.38); and Nova Scotia (-12.7 percent to CAD$99.37).
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