STR: Canada Hotel Results For Week Ending 12 September
STR data for 6-12 September 2020 showed slightly lower performance from prior weeks for Canada's hotel industry. Year-over-year declines, while improved, also remain significant.
HENDERSONVILLE, Tennessee - STR data for 6-12 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 8-14 September 2019, the industry reported the following:
- Occupancy: -48.0% to 39.8%
- Average daily rate (ADR): -32.3% to CAD123.89
- Revenue per available room (RevPAR): -64.8% to CAD49.32
Occupancy for previous weeks came in at 41.9%, 42.1% and 42.9%, respectively
For the week ending with 12 September, British Columbia (50.9%) was the only province to reach or surpass a 50% occupancy level.
Ottawa (40.1%) was the only major market at or above the 40% mark.
The lowest occupancy among provinces was reported in Newfoundland and Labrador (27.6%). At the market level, the lowest occupancy was reported in Montreal (24.2%).
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