The Canadian hotel industry reported positive results in the three key performance metrics for the week of 5-11 February 2012, according to data from STR. In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 2.0-percent increase to 56.8 percent, its average daily rate rose 2.2 percent to CAD$124.43 and its revenue per available room was up 4.3 percent to CAD$70.62. Continue Reading...
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