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Canada’s hotel industry reported decreases in the three key performance metrics for the week of 16-22 September 2012, according to data from STR. In year-over-year measurements, the country’s hotel occupancy fell 2.7 percent to 75.3 percent; its average daily rate declined 2.9 percent to CAD$135.29; and its revenue per available room was down 5.5 percent to CAD$101.91.
Among the provinces, Prince Edward Island reported the largest occupancy increase, rising 4.3 percent to 74.1 percent, followed by Newfoundland with a 2.8-percent increase to 89.3 percent. Ontario (-4.5 percent to 75.7 percent) and British Columbia (-4.3 percent to 72.8 percent) posted the largest occupancy decreases.
Source: STR Global
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