STR: Canada Hotel Results For Week Ending 29 February

During the week of 23-29 February, Canadian hotel occupancy dropped 1.6% to 59.1%, ADR increased 0.6% to 150.37 Canadian dollars ($112.09) and RevPAR decreased 1% to CA$88.80 ($66.19).

The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 23-29 February 2020, according to data from STR.

HENDERSONVILLE, Tennessee - The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 23-29 February 2020, according to data from STR.

In comparison with the week of 24 February through 2 March 2019, the industry reported the following:

  • Occupancy: -1.6% to 59.1%
  • Average daily rate (ADR): +0.6% to CAD150.37
  • Revenue per available room (RevPAR): -1.0% to CAD88.80

Among the provinces and territories, Nova Scotia experienced the largest decrease in occupancy (-6.2% to 55.4%), which resulted in the steepest decline in RevPAR (-6.1% to CAD68.89).

Manitoba posted the largest drop in ADR (-0.4% to CAD126.40) and the second-steepest decreases in occupancy (-5.5% to 64.5%) and RevPAR (-5.8% to CAD81.47).

Prince Edward Island saw the only double-digit increases in occupancy (+23.9% to 37.1%) and RevPAR (+26.3% to CAD42.60).

Quebec registered the highest lift in ADR (+6.2% to CAD157.20).

Media Contact

Haley Luther

Senior Communications Manager [email protected] +1 (216) 278 0627

Markets & Performance Markets & Performance USA & Canada Canada

CoStar Group is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and...