STR: Canada Hotel Results For Week Ending 24 October
Canadian hotel occupancy dropped 55.6% to 31.1%, ADR decreased 28.7% to 112.33 Canadian dollars ($84.07) and RevPAR fell 68.4% to CA$34.89 ($26.11).
STR data for 18-24 October 2020 showed slightly higher occupancy, but lower rates from prior weeks for Canada's hotel industry.
HENDERSONVILLE, Tennessee - STR data for 18-24 October 2020 showed slightly higher occupancy, but lower rates from prior weeks for Canada's hotel industry.
18-24 October 2020 (percentage change from comparable week in 2019):
- Occupancy: 31.1% (-55.6%)
- Average daily rate (ADR): CAD112.33 (-28.7%)
- Revenue per available room (RevPAR): CAD34.89 (-68.4%)
Occupancy for previous weeks came in at 29.9% (17 October), 32.2% (10 October), and 34.0% (3 October), respectively.
For the week ending with 24 October, British Columbia recorded the highest occupancy level (40.2%) among the provinces.
Vancouver (35.7%) was the only major market at or above a 30% occupancy level.
The lowest occupancy among provinces was reported in Quebec (16.7%). At the market level, the lowest occupancy was reported in Montreal (13.8%).
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