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In 2005, the traveller accommodation industry posted its strongest performance since 2000, which was one of the better years for Canadian tourism.
The industry's operating profit margin reached 15.3%, largely because its operating revenues rose 8.3%. According to the latest National tourism indicators release, domestic travellers were the main reason for the overall increase in tourism spending. Spending by Canadian tourists on accommodations climbed 9.8% in 2005, the largest annual gain since 2000.
In most of the provinces and territories, all of the different types of accommodation providers recorded double-digit profits margins. Traveller accommodations providers in Alberta once again surpassed all of them with the highest operating profits (22.1%). As well, operating revenues increased in nearly all of the provinces. British Columbia continued to lead the way in terms of growth by registering the highest increase in operating revenues (+13.7%). Incidentally, Alberta and British Columbia continued to experience strong economic growth.
Over 16,000 establishments in the industry generated operating revenues of $14.3 billion in 2005. Hotels and motels, which accounted for 87% of the industry revenue, grew 7.9% in 2005 to attain revenues of $12.4 billion. Other types of accommodations providers, which represented the remaining 13% of the industry, grew by 11.1%. These include mostly campgrounds and outfitters. In most provinces, operating revenues in these businesses increased in 2005.
Data for the 2005 traveller accommodation industry (NAICS industry category 721, which includes hotels and motor hotels, motels and other accommodation industries) are now available. These data provide information on revenue, expenses, salaries and wages, establishments and profit margins.
Available on CANSIM: table 351-0002.
Definitions, data sources and methods: survey number 2418.
For more information, or to enquire about the concepts, methods or data quality of this release, contact Konstantine Anastasopoulos (613-951-8354; anaskon@statcan.gc.ca), Service Industries Division.