STR: Canada hotel results for week ending 18 July

HENDERSONVILLE, Tennessee—STR data for 12-18 July 2020 shows a continued steady rise in Canadian hotel performance but the same significant level of year-over-year declines.

HENDERSONVILLE, Tennessee—STR data for 12-18 July 2020 shows a continued steady rise in Canadian hotel performance but the same significant level of year-over-year declines.

In comparison with the week of 14-20 July 2019, the industry reported the following:

  • Occupancy: -57.1% to 33.3%
  • Average daily rate (ADR): -31.6% to CAD122.94
  • Revenue per available room (RevPAR): -70.7% to CAD40.92

Two provinces reached a 40% occupancy level: British Columbia (44.5%) and Manitoba (41.9%).

Vancouver (33.1%) was the only major market at or above the 30% mark.

The lowest occupancy among provinces was reported in Prince Edward Island (23.9%). At the market level, the lowest occupancy was seen in Montreal (17.6%).

Additional Performance Data
STR's world-leading hotel performance sample comprises 68,000 properties and 9.1 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

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CoStar Group (NASDAQ: CSGP) 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.

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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...