STR: Canada Hotel Results For Week Ending 28 November
HENDERSONVILLE, Tennessee - STR data for 22-28 November 2020 showed Canada's hotel industry with slightly lower occupancy from the previous week.
- 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%).
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.
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