Pannell Kerr Forster is pleased
to present our 2000/2001 Outlook for the major accommodation
markets in Canada. Current industry performance is
based on the information available through our National Trends
database, which monitors the rate and occupancy performance
of over 150,000 rooms on a monthly basis. The accompanying
projections are based on our knowledge of the various supply
and demand factors impacting each of these individual markets.
Occupancy
Rates in Canadian Major Markets |
City |
1999
Actual |
2000
Forecast |
2001
Projection |
Vancouver |
68% |
64% |
63% |
Calgary |
66% |
63% |
60% |
Edmonton |
61% |
62% |
62% |
Winnipeg |
69% |
62% |
62% |
Toronto |
73% |
72% |
72% |
Ottawa |
73% |
74% |
74% |
Montreal |
70% |
71% |
72% |
Halifax/Dartmouth |
76% |
75% |
75% |
CANADA |
66% |
65% |
65% |
Average
Daily Rates in Canadian Major Markets |
City |
1999
Actual |
2000
Forecast |
2001
Projection |
Vancouver |
$121 |
$121 |
$123 |
Calgary |
$108 |
$111 |
$115 |
Edmonton |
$82 |
$85 |
$88 |
Winnipeg |
$94 |
$96 |
$98 |
Toronto |
$123 |
$131 |
$138 |
Ottawa |
$108 |
$120 |
$125 |
Montreal |
$117 |
$127 |
$135 |
Halifax/Dartmouth |
$101 |
$109 |
$114 |
CANADA |
$106 |
$112 |
$117 |
REVPAR
in Canadian Major Markets |
City |
1999
Actual |
2000
Forecast |
2001
Projection |
Vancouver |
$82 |
$78 |
$78 |
Calgary |
$72 |
$71 |
$71 |
Edmonton |
$50 |
$52 |
$54 |
Winnipeg |
$64 |
$59 |
$61 |
Toronto |
$90 |
$94 |
$98 |
Ottawa |
$79 |
$89 |
$92 |
Montreal |
$82 |
$91 |
$98 |
Halifax/Dartmouth |
$77 |
$82 |
$86 |
CANADA |
$70 |
$73 |
$77 |
