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%...