STR: Canada Q3 2020 Hotel Performance

STR | October 21, 2020

HENDERSONVILLE, Tennessee—The Canadian hotel industry saw higher performance from the previous quarter, but at overall low levels, according to Q3 2020 data from STR. Q3 2020 (percentage change from Q3 2019): Occupancy: 38.1% (-49.8%) Average daily rate (ADR): CAD131.65 (-28.0%) Revenue per available room (RevPAR): CAD50.15 (-63.9%) The absolute occupancy level was the lowest for any third quarter in STR’s Canada database, but was more than double the level from Q2 2020 (19.4%). The ADR level was the lowest for a Q3 since 2009. In absolute values, July was Canada’s lowest month of the quarter for occupancy (34.0%) an...