Canada Hotel Occupancy
STR: Canada Hotel Occupancy Reached Five-Month High in March
STR | April 25, 2023
HENDERSONVILLE, Tennessee—Canada’s hotel occupancy was its highest since October 2022, according to STR’s March 2023 data. March 2023 (percentage change from 2019) Occupancy: 62.6% (+4.2%) Average daily rate (ADR): CAD177.72 (+19.6%) Revenue per available room (RevPAR): CAD111.23 (+24.6%) "Canada's hotel performance continued on its upward trajectory in March, with key metric indices showing accelerated growth compared to the first two months of the year," said Laura Baxter, CoStar Group's director of hospitality analytics for Canada. CoStar Group is the parent company of STR. “Notably, the ADR increase against...
STR: Canada Hotel Occupancy Eclipsed Pre-Pandemic Comparable in July
STR | August 25, 2022
HENDERSONVILLE, Tennessee—Canada’s monthly hotel occupancy came in higher than the 2019 comparable for the first time in the pandemic era, according to STR’s July 2022 data. July 2022 (percentage change from July 2019) Occupancy: 75.5% (+0.3%) Average daily rate (ADR): CAD214.77 (+16.1%) Revenue per available room (RevPAR): CAD162.11 (+16.4%) In addition to the improvement in occupancy, monthly ADR topped CAD200 for the first time on record, and RevPAR was at an all-time high. When adjusted for inflation, ADR was also up from 2019 for the first time. "Canada's hotel industry reached a number of recovery milestones i...
STR: Canada Hotel Performance Fell in January Amid Latest COVID Concerns
STR | February 23, 2022
HENDERSONVILLE, Tennessee — February 23, 2022 — Canada’s hotel industry reported lower monthly performance levels amid the latest pandemic concerns, according to STR’s January 2022 data. January 2022 (percentage change from January 2019) Occupancy: 32.4% (-35.9%) Average daily rate (ADR): CAD131.72 (-10.6%) Revenue per available room (RevPAR): CAD42.70 (-42.7%) “The Omicron wave and the restrictions that ensued placed added pressure on performance recovery in January,” said Laura Baxter, CoStar Group’s director of hospitality analytics for Canada. CoStar Group is the parent company of STR. “T...
STR: Canada Hotel RevPAR 54% Recovered in 2021
STR | January 26, 2022
HENDERSONVILLE, Tennessee — January 26, 2022 — Despite stronger performance in the second half of 2021, Canada’s hotel industry reported revenue per available room (RevPAR) that was just 54.1% of the pre-pandemic comparable, according to STR’s year-end data. 2021 (percentage change from 2019) Occupancy: 41.8% (-35.7%) Average daily rate (ADR): CAD139.11 (-15.8%) Revenue per available room (RevPAR): CAD58.10 (-45.9%) In December specifically, Canada followed its typical seasonal trend with slightly lower performance than November, but the country did achieve better pre-pandemic comparisons: occupancy (-13.4%...
STR: Canada Hotel Performance Recovery Continued Slowly in November
STR | December 23, 2021
HENDERSONVILLE, Tennessee — December 23, 2021 — Canada’s hotel industry reported slightly lower performance levels from the month prior, but indexed comparisons with 2019 were better, according to STR’s November 2021 data. Occupancy: 49.7% (-18.4%) Average daily rate (ADR): CAD138.52 (-6.3%) Revenue per available room (RevPAR): CAD68.85 (-23.6%) "Although levels were seasonally lower, Canada's metrics inched closer to pre-pandemic figures," said Laura Baxter, CoStar Group's director of hospitality analytics for Canada. CoStar Group is the parent company of STR. “The RevPAR level was the closest the met...
STR: Canada Hotel Performance Dipped in October
STR | November 23, 2021
HENDERSONVILLE, Tennessee — November 23, 2021 — Canada’s hotel industry reported lower performance levels from the month prior, according to STR’s October 2021 data. The country’s performance levels also remained well below pre-pandemic comparisons from October 2019: Occupancy: 51.0% (-24.4%) Average daily rate (ADR): CAD141.87 (-10.5%) Revenue per available room (RevPAR): CAD72.37 (-32.3%) "Following the typical seasonal pattern, October hotel performance fell month over month, but there was some positive news in the data," said Laura Baxter, CoStar Group's director of hospitality analytics for Canada. Cost...
STR: Canada Hotel Performance Declined in September
STR | October 26, 2021
HENDERSONVILLE, Tennessee — October 26, 2021 — Canada’s hotel industry reported lower performance levels from the month prior, according to STR’s September 2021 data. The country’s performance levels also remained well below pre-pandemic comparisons from September 2019: Occupancy: 58.2% (-20.9%) Average daily rate (ADR): CAD152.87 (-14.8%) Revenue per available room (RevPAR): CAD89.00 (-32.6%) “The typical seasonal pattern and a rise in COVID cases put pressure on demand,” said Laura Baxter, CoStar Group’s director of hospitality analytics for Canada. CoStar Group is the parent company of STR. “Hote...
Canada Reports Highest Monthly Performance Since Pandemic
STR | September 22, 2021
HENDERSONVILLE, TN — September 22, 2021 — Canada’s hotel industry reported its highest monthly performance levels since the pandemic, according to STR’s August 2021 data. Even with improvement from previous months, the country’s performance levels remained well below pre-pandemic comparisons from August 2019: Occupancy: 65.4% (-17.0%) Average daily rate (ADR): CAD160.36 (-13.4%) Revenue per available room (RevPAR): CAD104.92 (-28.1%) The occupancy and RevPAR levels were the highest in Canada since October 2019, while the ADR level was the country’s highest since September 2019. “The summer months were...
