Traveller Accommodation Services Price Index, second quarter 2019
The Traveller Accommodation Services Price Index (TASPI) rose 14.4% in the second quarter of 2019. The TASPI has increased in the second quarter every year since its inception, as higher seasonal demand typically drives up accommodation prices in the spring and summer.
Both leisure (+16.2%) and business (+12.7%) clients paid higher prices in the second quarter.
Prices for traveller accommodation services were up in nine provinces and two territories. Higher prices in British Columbia (+29.5%), Ontario (+12.0%) and Quebec (+14.2%) contributed the most to the increase. Manitoba (-0.9%) and the Northwest Territories (-3.0%) both recorded lower prices.
Leisure clients pay more in nine provinces and two territories
Prices for leisure clients rose 16.2% at the Canada level, largely as a result of higher prices in British Columbia (+32.0%), Ontario (+15.4%) and Quebec (+11.3%). Prices fell in Manitoba (-1.2%) and the Northwest Territories (-3.5%).
Higher prices for business clients except in Manitoba and the Northwest Territories
Prices paid by business clients increased 12.7% at the Canada level. This rise was driven by higher prices in British Columbia (+26.0%), Quebec (+17.1%) and Ontario (+8.6%). Meanwhile, business clients paid lower prices in Manitoba (-0.6%) and the Northwest Territories (-2.6%).
The TASPI fell 2.9% in the second quarter of 2019 compared with the same quarter in 2018. Lower prices for both leisure (-4.2%) and business (-1.6%) clients contributed to the year-over-year decrease.
Seven provinces and two territories reported lower prices, led by Ontario (-6.8%). These declines were partially offset by higher prices in British Columbia (+2.2%) and Quebec (+1.7%).
Note to readers
The Traveller Accommodation Services Price Index 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, and the 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 weight.
The index is not subject to revision and is not seasonally adjusted.
The video "Producer Price Indexes" is available on the Statistics Canada Training Institute webpage. It provides an introduction to Statistics Canada's producer price indexes—what they are, how they are made and what they are used for.
A Historical Timeline of Canadian Producer Price Statistics
The research paper, "A Historical Timeline of Canadian Producer Price Statistics," part of the Prices Analytical Series (), was created to showcase the key milestones in the history of Canadian producer price statistics. This historical timeline contains answers to questions such as: Who collected Canada's first statistics? What do Canadian producer price indexes measure? 62F0014M
Infographic: Producer Price Indexes at a Glance
The infographic "Producer Price Indexes at a Glance," part of the series Statistics Canada — Infographics (), demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy. 11-627-M
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