STR: Canada Hotel Results — Photo by HHN

HENDERSONVILLE, Tennessee - The Canadian hotel industry recorded positive year-over-year results in the three key performance metrics during the week of 9-15 February 2020, according to data from STR.

In comparison with the week of 10-16 February 2019, the industry reported the following:

  • Occupancy: +0.4% to 59.6%
  • Average daily rate (ADR): +0.5% to CAD151.23
  • Revenue per available room (RevPAR): +0.9% to CAD90.17

Among the provinces and territories, Saskatchewan saw the largest jump in RevPAR (+9.1% to CAD59.75), due primarily to the highest rise in occupancy (+5.7% to 51.1%).

Quebec posted the largest lift in ADR (+3.4% to CAD165.11) and the second-largest increase in RevPAR (+4.8% to CAD111.04).

Prince Edward Island experienced the steepest decrease in occupancy (-3.7% to 36.5%), which resulted in the largest decline in RevPAR (-4.4% to CAD43.72).

Newfoundland and Labrador registered the steepest drop in ADR (-5.7% to CAD116.39).

Alberta reported the only other decline in occupancy (-3.5% to 50.7%) and the second-largest decrease in RevPAR (-3.7% to CAD69.03).

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Haley Luther
Communications Coordinator
+1 615 824 8664 ext. 3500
STR