Canadian Hotels Report Mixed Results

1st March 2011 (Last Updated March 1st, 2011 18:30)

The Canadian hotel industry has reported mixed results in three key performance measures during the week ending 19 February 2011, according to the new data from STR Global. According to the report, hotel occupancy during the week increased 1.2% to 58.3%, the average daily rate dropped

The Canadian hotel industry has reported mixed results in three key performance measures during the week ending 19 February 2011, according to the new data from STR Global.

According to the report, hotel occupancy during the week increased 1.2% to 58.3%, the average daily rate dropped 13.7% to C$122.22 (US$125.16) while revenue per available room (revPAR) dropped 12.8% to C$71.20 (US$72.9).

British Columbia reported the largest decreases in all three key performance metrics.

Three provinces reported double-digit occupancy increases: Nova Scotia increased 32.5% to 61.9%, Quebec increased 10.6% to 61.8% and Alberta rose 10.3% to 60.1%.

Nova Scotia reported 16.9% increase in ADR to C$124.05 (US$127), reporting the largest ADR increase as well as RevPAR increase of 55% to C$76.78 (US$78.6).