STR: Canada Hotel Results For Week Ending 3 October

Canadian hotel occupancy decreased 52.8% to 34%, ADR dipped 28.9% to 117.75 Canadian dollars ($88.91) and RevPAR fell 66.4% to CA$40.05 ($30.24).

STR data for 27 September through 3 October 2020 showed slightly lower performance from prior weeks for Canada's hotel industry.

HENDERSONVILLE, Tennessee - STR data for 27 September through 3 October 2020 showed slightly lower performance from prior weeks for Canada's hotel industry.

In comparison with the week of 29 September through 5 October 2019, the industry reported the following:

  •  Occupancy: 34.0% (-52.8%)
  • Average daily rate (ADR): CAD117.75 (-28.9%)
  • Revenue per available room (RevPAR): CAD40.05 (-66.4%)

Occupancy for previous weeks came in at 35.6% (26 September), 37.0% (19 September) and 39.8% (12 September), respectively.

For the week ending with 3 October, British Columbia (43.2%) was the only province to reach or surpass a 40% occupancy level.

Among the major markets, Vancouver saw the highest occupancy level (34.2%).

The lowest occupancy among provinces was reported in Quebec (19.7%). At the market level, the lowest occupancy was reported in Montreal (16.0%).

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...