canada market reports
STR: Canada Hotel Results for Week Ending 6 June
STR | June 11, 2020
HENDERSONVILLE, Tennessee—STR data for 31 May through 6 June 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines. In comparison with the week of 2-8 June 2019, the industry reported the following: Occupancy: -70.3% to 22.2% Average daily rate (ADR): -42.2% to CAD105.92 Revenue per available room (RevPAR): -82.9% to CAD23.49 The previous three weeks produced absolute occupancy levels of 21.4%, 18.9% and 18.4%. British Columbia (26.7%), Manitoba (23.3%), Saskatchewan (23.1%), Ontario (22.4%) and Alberta (21.0%) were the provinces with occupancy of...
STR: Canada Hotel Results for Week Ending 9 May
STR | May 14, 2020
HENDERSONVILLE, Tennessee—The Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 3-9 May 2020, according to data from STR. In comparison with the week of 5-11 May 2019, the industry reported the following: Occupancy: -73.9% to 17.5% Average daily rate (ADR): -37.7% to CAD101.47 Revenue per available room (RevPAR): -83.7% to CAD17.75 Among the provinces and territories, Newfoundland and Labrador experienced the largest decline in occupancy (-86.0% to 7.1%). British Columbia posted the steepest drop in ADR (-44.4% to CAD107.58). Quebec reported the larg...
