Industry Update
Performance24 July 2020

STR: Canada hotel results for week ending 18 July

share this article
1 min
Str bis

HENDERSONVILLE, Tennessee—STR data for 12-18 July 2020 shows a continued steady rise in Canadian hotel performance but the same significant level of year-over-year declines.

Advertisements

In comparison with the week of 14-20 July 2019, the industry reported the following:

  • Occupancy: -57.1% to 33.3%
  • Average daily rate (ADR): -31.6% to CAD122.94
  • Revenue per available room (RevPAR): -70.7% to CAD40.92

Two provinces reached a 40% occupancy level: British Columbia (44.5%) and Manitoba (41.9%).

Vancouver (33.1%) was the only major market at or above the 30% mark.

The lowest occupancy among provinces was reported in Prince Edward Island (23.9%). At the market level, the lowest occupancy was seen in Montreal (17.6%).

Additional Performance Data

STR's world-leading hotel performance sample comprises 68,000 properties and 9.1 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

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