Chemistry Consulting Reports Hotel Revenue Increase

Hotel revenue springs up during Spring Break
“The impact of Spring Break and an early Easter are reflected in Victoria’s March tourism indicators. A combination of a strong occupancy rate and a higher ADR resulted in a notable increase in RevPAR compared to March of last year. March also marks the end of the first quarter of 2016. With the exception of the conference centre, year-to-date numbers for this period are very strong,” says Frank Bourree, partner at Chemistry Consulting.
For the latest Victoria Tourism bulletins for 2016 from Chemistry consulting, click here.
More travelers on the move in March
“The travel impact of Spring Break and an early Easter is reflected in Nanaimo’s March transportation indicators which show a large increase relative to last year. However, modest growth in the March occupancy rate suggests that the increases in transportation numbers may be attributable to more residents traveling elsewhere rather than more visitors traveling to Nanaimo,” says Frank Bourree, partner at Chemistry Consulting.
For the latest Nanaimo tourism bulletins for 2016 from Chemistry consulting, click here.