Pannell
Kerr Forster is pleased to present our 2001/2002 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 160,000 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
|
2000 Actual
|
2001 Forecast
|
2002 Projection
|
|
Vancouver
|
65%
|
64%
|
65%
|
|
Calgary
|
65%
|
65%
|
65%
|
|
Edmonton
|
63%
|
65%
|
66%
|
|
Winnipeg
|
63%
|
61%
|
60%
|
|
Toronto
|
71%
|
70%
|
70%
|
|
Ottawa
|
74%
|
73%
|
72%
|
|
Montreal
|
71%
|
70%
|
70%
|
|
Halifax/Dartmouth
|
74%
|
74%
|
74%
|
|
CANADA
|
65%
|
64%
|
64%
|
Average
Daily Rates in Canadian Major Markets
|
|
City
|
2000 Actual
|
2001 Forecast
|
2002 Projection
|
|
Vancouver
|
$120
|
$121
|
$123
|
|
Calgary
|
$112
|
$108
|
$110
|
|
Edmonton
|
$87
|
$91
|
$93
|
|
Winnipeg
|
$93
|
$97
|
$99
|
|
Toronto
|
$129
|
$133
|
$138
|
|
Ottawa
|
$121
|
$130
|
$135
|
|
Montreal
|
$125
|
$133
|
$138
|
|
Halifax/Dartmouth
|
$108
|
$111
|
$113
|
|
CANADA
|
$111
|
$116
|
$120
|
REVPAR
in Canadian Major Markets
|
|
City
|
2000 Actual
|
2001 Forecast
|
2002 Projection
|
|
Vancouver
|
$78
|
$78
|
$80
|
|
Calgary
|
$73
|
$70
|
$72
|
|
Edmonton
|
$55
|
$59
|
$61
|
|
Winnipeg
|
$59
|
$59
|
$60
|
|
Toronto
|
$91
|
$93
|
$96
|
|
Ottawa
|
$90
|
$95
|
$97
|
|
Montreal
|
$89
|
$93
|
$96
|
|
Halifax/Dartmouth
|
$80
|
$82
|
$84
|
|
CANADA
|
$72
|
$74
|
$77
|
