STR: Canada Hotel Results — Photo by HHN

HENDERSONVILLE, Tennessee - STR data for 30 August through 5 September 2020 showed slightly lower performance from prior weeks for Canada's hotel industry. Year-over-year declines, while improved, also remain significant.

In comparison with the week of 1-7 September 2019, the industry reported the following:

  • Occupancy: -36.5% to 41.9%
  • Average daily rate (ADR): -26.7% to CAD128.13
  • Revenue per available room (RevPAR): -53.4% to CAD53.65

Occupancy for previous weeks came in at 42.1%, 42.9% and 41.8%, respectively

For the week ending with 5 September, two provinces reached a 50% occupancy level: Prince Edward Island (53.2%) and British Columbia (52.3%).

Ottawa (46.2%) was the only major market at or above the 40% mark.

The lowest occupancy among provinces was reported in Quebec (34.5%). At the market level, the lowest occupancy was reported in Montreal (24.5%).

About STR

STR is the global leader in hospitality data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a robust global presence with regional offices strategically located in Nashville, London, and Singapore. In October 2019, STR was acquired by CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets. For more information, please visit str.com and costargroup.com.

Haley Luther
Communications Manager
+1 (216) 278 0627
STR