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Traveller Accommodation Services Price Index, fourth quarter 2015

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Released: 2016-01-29

The Traveller Accommodation Services Price Index (TASPI) decreased 15.2% in the fourth quarter compared with the previous quarter, reflecting low seasonal demand for accommodation services. This followed two consecutive quarters marked by large gains at a time when Canada hosted large international sporting events. This was the largest decline since the fourth quarter of 2002.

Both the leisure clients (-18.0%) and the business clients (-12.5%) components declined.

Year-over-year change

The TASPI rose 3.0% in the fourth quarter compared with the same quarter a year earlier, with both the leisure clients (+3.0%) and the business clients (+3.1%) components increasing.

  Note to readers

The Traveller Accommodation Services Price Index (TASPI) measures the monthly price movement for the accommodation services. This index reflects changes in room rates for overnight or short stays with no meals or other services provided and excluding all indirect taxes.

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

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

With the release of first quarter 2016 data, the TASPI will be redesigned in order to increase data relevance. The TASPI redesign will include a new sample, a new collection mode, updated basket weights and estimation methodology.

The TASPI series will be converted to 2013=100, with 2013 as the base year. The indexes will also be updated using weights based on the 2013 annual revenues from the Annual Survey of Service Industries – Accommodation Services.

CANSIM table 326-0013 will be terminated with the release of first quarter 2016 data. New tables, based on 2013=100, with new vectors, will be made available in CANSIM.

Next release

The TASPI for the first quarter will be released on April 29.

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).

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