STR reports Canada hotel performance for week ending 5 December
The Canadian hotel industry posted declines in all three key performance measurements during the week of 29 November-5 December, according to data from STR. In year-over-year measurements, the industry’s occupancy decreased 5.4 percent to end the week at 55.8 percent. Average daily rate dropped 3.5 percent to finish the week at CAD$119.41. Revenue per available room for the week decreased 8.7 percent to finish at CAD$66.61.
