STR: Canada Hotel Results for Week Ending 25 April

STR | April 30, 2020

HENDERSONVILLE, Tennessee—Showing further COVID-19 impact, the Canadian hotel industry recorded steep year-over-year declines in the three key performance metrics during the week of 19-25 April 2020, according to data from STR. In comparison with the week of 21-27 April 2019, the industry reported the following: Occupancy: -76.9% to 15.0% Average daily rate (ADR): -32.2% to CAD101.22 Revenue per available room (RevPAR): -84.4% to CAD15.14 Among the provinces and territories, Quebec experienced one of the largest drops in occupancy (-87.7% to 7.9%), which pushed the steepest decrease in RevPAR (-91.6% to CAD8.20). Newfoun...