The State of Canada's Hotel Industry

THE STATE OF CANADA'S HOTEL INDUSTRY THE SIZE OF THE INDUSTRY OCCUPANCY PROPERTIES EMPLOYEES ROOMS RATE 8,508 284,000 461,537 63% 22,886 more hotel rooms are in the construction or planning phase A LOOK AT THE NUMBERS $16.4 B National Accommodation Revenue (2011) Revenue Per Available Room (2013) $83 Total Guest That's Room Revenue DOUBLE RevPAR = Total Number of Available Rooms the RevPAR from 10 years ago! Top 5 Areas in Canada for RevPAR Growth $ $ $ $ $ 1. Calgary (13.1%) $ $ $ 2. Northern Alberta (11.1%) $ $ $ 3. Southern Alberta (8.4%) 4. Banff (7.6%) 5. Edmonton (7.4%) WHAT TRAVELLERS PAY & WHERE THEY STAY Top Destinations for Canadians Toronto Montreal Vancouver Average Daily Rate (2013) $133 Compare that to the Maldives, where the average daily rate is $581 Most Expensive Cities by Average Daily Rate Least Expensive Cities by Average Daily Rate 1. Lake Louise, AB ($243) 1. Welland, ON ($89) 2. Ucuelet, BC ($230) 2. Chatham, ON ($96) 3. Blue Mountain, ON ($217) 3. Portage La Prarie, MB ($96) 4. Tofino, BC ($205) 4. Langley, BC ($99) 5. Mt. Tremblant, QC ($202) 5. Cambridge, ON ($100) Sources: *2013 National Hotel Outlook." CBRE Hotels Canada. http://www.cbre.ca/o/torontodt/Assettibrary/2013CanadaHotelOutlook CBRE.pdf "Canadian Hotel Construction Pipeline." Smith Travel Research. http://www.hotelnewsresource.com/artide72684Canadian_Hotel_Construction_Pipeline_Up For Junehtml "Hotel Industry Fact Sheet." Hotel Association of Canada. http://www.hotelassociation.ca/forms/Hotel%20industry20Facts%20Sheet.pdf "Price Changes in Global Destinations." Hotels.com. http://www.hotel-price-index.com/2013/spring/hotel-price-around-the-world/index.html "The Hotel Price Index, January-June 2012." Hotels.com. http://files.hotel-price-index.com/2012/fall/pdf/hpi-2012-lirst-half-ca.pdf T:TOBU SilverBirch Hotels & Resorts operates and manages over 20 hotels, resorts, and meeting rooms across Canada, Visit our website at http://www.silverbirchhotels.com/hotels for a list of locations, and don't forget to take advantage of our "Best Rate Guarantee!" If you find a lower rate on any SILVERIBIRCH Hotels & Resorts / Hotels et centres de villégiature other website, we will beat it!