STR: Canada Hotel Results For Week Ending 7 March

The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 1-7 March 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 1-7 March 2020, according to data from STR.

In comparison with the week of 3-9 March 2019, the industry reported the following:

  • Occupancy: -5.2% to 56.9%
  • Average daily rate (ADR): -0.7% to CAD155.10
  • Revenue per available room (RevPAR): -5.8% to CAD88.18

Among the provinces and territories, Manitoba experienced the only double-digit decline in occupancy (-12.1% to 61.2%) and one of the largest decreases in ADR (-3.0% to CAD124.45), which resulted in the steepest drop in RevPAR (-14.7% to CAD76.14).

Alberta matched for the steepest drop in ADR (-3.0% to CAD131.43). The province also saw the second-largest declines in occupancy (-9.9% to 48.1%) and RevPAR (-12.6% to CAD63.19).

New Brunswick registered the third-largest decrease in RevPAR (-7.9% to CAD57.37), due primarily to the third-steepest decline in occupancy (-6.5% to 48.2%).

Prince Edward Island recorded the only increase in occupancy (+15.4% to 34.2%) and the highest rise in RevPAR (+16.3% to CAD39.07).

Quebec posted the largest lift in ADR (+3.2% to CAD148.78).

Saskatchewan reported the only other increase in RevPAR (+0.5% to CAD61.90).

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...