
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.

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