HENDERSONVILLE, Tennessee - Canada's hotel industry saw record lows in both occupancy and revenue per available room (RevPAR), according to STR's year-end 2020 data.

In addition to the previously mentioned historic lows, average daily rate (ADR) fell to its lowest level since 2012. Year-over-year declines were the country's worst across the three key performance metrics.

  • Occupancy: 33.1% (-49.2%)
  • Average daily rate (ADR): CAD130.43 (-21.0%)
  • Revenue per available room (RevPAR): CAD43.11 (-59.8%)

Among the provinces and territories, Newfoundland and Labrador recorded the lowest occupancy level (24.7%), which was down 54.5% in year-over-year comparisons. The province also experienced the lowest RevPAR level (-62.5% to CAD26.95).

Among the major markets, Montreal (24.5%) saw the lowest occupancy level, down 65.7% year over year.

The highest occupancy among provinces was reported in British Columbia (-43.4% to 39.4%). At the market level, the highest occupancy was reported in Vancouver (-53.1% to 37.3%).

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. 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.

Haley Luther
Communications Coordinator
+1 615 824 8664 ext. 3500
STR