Monday, August 9, 2010

West Virginia

The Canadian hotel industry reported mostly positive results during the week of 25-31 July 2010, according to data released by STR.

In year-over-year measurements, the Canadian hotel industry’s occupancy increased 4.0 percent to 73.0 percent. Average daily rate ended the week virtually flat with a 0.5-percent decrease to CAD$126.66. Revenue per available room for the week rose 3.4 percent to CAD$92.50.

Among the provinces, Ontario posted the largest occupancy increase, rising 7.2 percent to 72.3 percent, followed by Nova Scotia with a 6.1-percent increase to 81.3 percent. Alberta reported the largest occupancy decrease, falling 2.8 percent to 65.6 percent. Prince Edward Island ended the week virtually flat with a 0.7-percent occupancy decrease to 89.3 percent.

Manitoba experienced the only ADR increase of more than 5 percent, rising 5.9 percent to CAD$109.48. Alberta fell 7.5 percent in ADR to CAD$129.79, followed by Prince Edward Island (-4.4 percent to CAD$130.18) and Nova Scotia (-3.2 percent to CAD$117.65).

Four provinces achieved RevPAR increases of more than 5 percent: Saskatchewan (+12.1 percent to CAD$97.70); Ontario (+7.3 percent to CAD$86.38); Manitoba (+7.0 percent to CAD$76.21); and Newfoundland (+5.9 percent to CAD$126.42). Two provinces posted RevPAR decreases: Alberta (-10.2 percent to CAD$85.10) and Prince Edward Island (-5.0 percent to CAD$116.21).

About STR
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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