2010 National Market Report
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National Market Report
2010
June 2010
- In June 2010, PKF’s national hotel sample experienced an increase of 5.1 occupancy points from June 2009 to 68.4%.
- The June 2010 average daily room rate for hotels tracked by PKF grew by 6.2% from June 2009 to $136.77. The June 2010 occupancy and ADR were positively impacted by the G8 Summit held in Hunstville, the G-20 Summit held in Toronto as well as the 101st Convention of Rotary International which was held in Montreal.
- Revenue per available room for PKF’s sample increased by 14.7% to $93.62 in June 2010 compared with $81.60 in June 2009.
May 2010
- In May 2010, the PKF national hotel sample experienced a 1.8 point increase in occupancy from May 2009 to 61.0%.
- The May 2010 average daily room rate for hotels tracked by PKF decreased by 0.5% to $124.57 compared with $125.15 in May 2009
- Revenue per available room for PKF’s sample rose by 2.6% to $76.02 in May 2010 compared with $74.08 in May 2009.
April 2010
- In April 2010, the PKF national hotel sample experienced a 1.2 point increase in occupancy from April 2009 to 56.5%.
- The April 2010 average daily room rate for hotels tracked by PKF increased by 0.9% to $120.55 compared with $119.52 in April 2009.
- Revenue per available room for PKF’s sample rose by 3.0% to $68.06 in April 2010 compared with $66.06 in April 2009.
March 2010
- In March 2010, the PKF national hotel sample experienced a 1.4 point increase in occupancy from March 2009 to 56.3%.
- The March 2010 average daily room rate for hotels tracked by PKF increased by 0.6% to $122.76 compared with $121.97 in March 2009.
- Revenue per available room for PKF’s sample rose by 3.2% to $69.13 in March 2010 compared with $66.96 in March 2009.
January / February 2010
- In January 2010 the PKF national hotel sample achieved a 45.6% occupancy level, a 1.6 percentage point decrease from January 2009. In February 2010, PKF’s national hotel sample reported a 56.2% occupancy level, an increase if 0.8 percentage points from February 2009.
- In January 2010 the national average daily room rate for hotels tracked by PKF decreased by 1.9% from January 2009 to $119.10. The national average daily room rate for February 2010 was $141.72, an increase of 14.1% over February 2009.
- Revenue per available room for PKF’s sample dropped by 5.3% to $54.34 in January 2010 while RevPAR increased to $79.70 in February 2010, 15.7% higher than February 2009.
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