Industry Update
Press Release 3 December 2020

STR: Canada Hotel Results For Week Ending 28 November

share this article
1 min
Str bis

HENDERSONVILLE, TennesseeSTR data for 22-28 November 2020 showed Canada's hotel industry with slightly lower occupancy from the previous week.

Advertisements

22-28 November 2020 (percentage change from comparable week in 2019):

  • Occupancy: 25.7% (-56.6%)
  • Average daily rate (ADR): CAD106.57 (-26.2%)
  • Revenue per available room (RevPAR): CAD27.36 (-68.0%)

Occupancy for previous weeks came in at 27.8% (21 November), 27.8% (14 November), and 29.4% (7 November).

For the week ending with 28 November, British Columbia recorded the highest occupancy level (29.2%) among the provinces.

Among the major markets, Vancouver (27.3%) saw the highest occupancy level for the week.

The lowest occupancy among provinces was reported in New Brunswick (16.7%). At the market level, the lowest occupancy was reported in Montreal (15.5%).

About STR

STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Contact
Haley Luther
Communications Coordinator
Phone: +1 615 824 8664 ext. 3500
Send email
Latest News
Advertisements