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Hotel Performance Statistics in Ontario, 1996-2008

 
Occupancy Rate (%)
Average Daily Rate ($)
Revenue per Available Room 
1996
65.4%
$84.63
$55.37
1997
68.5%
$90.26
$61.80
1998
70.0%
$97.70
$68.35
1999
68.9%
$106.94
$73.72
2000
67.2%
$114.91
$77.24
2001
62.8%
$117.80
$73.98
2002
61.7%
$118.92
$73.41
2003
57.5%
$114.29
$65.67
2004
60.7%
$117.81
$71.47
2005
62.2%
$121.21
$75.37
2006
62.8%
$124.46
$78.14
2007
62.8%
$126.20
$79.24
2008
61.4%
$127.15
$78.12

 

Source: PKF Consulting, Trends in the Canadian Hotel Industry

 

Notes: Data based on Pannell Kerr Forster’s unweighted sample, which tends to be branded properties of 30 rooms or more.