The Daily
|
 In the news  Indicators  Releases by subject
 Special interest  Release schedule  Information

Traveller Accommodation Services Price Index, second quarter 2016

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

Released: 2016-08-12

The Traveller Accommodation Services Price Index (TASPI) increased 10.7% in the second quarter compared with the previous quarter.

The growth was the result of gains among both leisure clients (+12.1%) and business clients (+9.2%). The increase reflected high seasonal demand for accommodation services, which has also been observed in previous years.

The TASPI rose in 10 provinces and territories. British Columbia (+19.2%), Ontario (+12.6%), Quebec (+9.5%) and Alberta (+6.0%) contributed the most to the increase. Declining prices in Saskatchewan (-1.9%) moderated the gain.

Chart 1  Chart 1: Traveller Accommodation Services Price Index
Traveller Accommodation Services Price Index

Leisure clients pay higher prices, except in the Northwest Territories and Saskatchewan

The prices paid by leisure clients rose 12.1% at the Canada level. This gain was mainly attributable to higher prices in British Columbia (+20.7%), Ontario (+14.7%), Quebec (+9.8%) and Alberta (+6.1%). Lower prices in the Northwest Territories (-5.7%) and Saskatchewan (-2.3%) moderated the increase.

The price index for business clients increases in nine provinces and territories

Prices for business clients were up 9.2% at the Canada level. This rise was largely due to higher prices in British Columbia (+17.0%), Ontario (+10.4%), Quebec (+9.2%) and Alberta (+5.8%). These gains were partially offset by lower prices in the Northwest Territories (-4.0%), Saskatchewan (-1.5%), Manitoba (-0.9%) and Nunavut (-0.8%).

Year-over-year change

The TASPI fell 0.3% in the second quarter compared with the same quarter in 2015. There were declines in Saskatchewan (-9.5%), Newfoundland and Labrador (-5.3%), Manitoba (-4.6%), Alberta (-3.0%), Ontario (-2.7%) and Prince Edward Island (-0.8%). The decreases were moderated by gains in Nova Scotia (+9.8%), New Brunswick (+5.8%), Quebec (+4.7%), British Columbia (+3.6%) and Yukon (+1.4%).

The index decreased for business clients (-2.9%), and increased for leisure clients (+2.7%) at the Canada level.


  Note to readers

With the release of first quarter 2016 data, Statistics Canada redesigned the Traveller Accommodation Services Price Index (TASPI) to increase its relevance. The TASPI redesign included the selection of a new sample, data collection from the Internet (to reflect changes in the market and in the behaviour of clients), updated basket weights and an updated estimation methodology.

As a result of the changes in methodology, users should exercise caution when comparing index levels based on the new methodology with index levels based on the old methodology.

The TASPI series were converted to 2013=100, with 2013 as the base year. The relative importance of the basket items has been updated using the 2013 annual revenues from the Annual Survey of Service Industries: Accommodation Services (2418).

Two new CANSIM tables, 332-0026 (monthly) and 332-0027 (quarterly), based on 2013=100 and using new vectors, have replaced CANSIM table 326-0013, which was terminated with the release of first quarter 2016 data.

The TASPI measures the monthly and quarterly price movements of short-term accommodation services. This index reflects changes in room rates (excluding all taxes) and covers hotel and motel lodging services.

Separate index aggregations are available for Canada, the economic regions, provinces and territories, by major client group.

The contribution of a given sub-aggregate to the composite price change depends on both the price change exhibited by the sub-aggregate and its importance in the basket, as measured by the weight.

The index is not subject to revision and is not seasonally adjusted.

Infographic: Producer Price Indexes at a Glance

The infographic, "Producer Price Indexes at a Glance," which is part of Statistics Canada — Infographics (Catalogue number11-627-M), is available. This infographic demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

Report a problem on this page

Is something not working? Is there information outdated? Can't find what you're looking for?

Please contact us and let us know how we can help you.

Privacy notice

Date modified: