STR: Canada Q2 2020 Hotel Performance

STR | July 27, 2020

HENDERSONVILLE, Tennessee—Due to the impact of the COVID-19 pandemic, the Canadian hotel industry reported all-time lows in the three key performance metrics during Q2 2020, according to data from STR. Compared with Q2 2019: Occupancy: -71.4% to 19.4% Average daily rate (ADR): -36.4% to CAD106.66 Revenue per available room (RevPAR): -81.8% to CAD20.72 The absolute occupancy and RevPAR levels were the lowest for any quarter in STR’s Canada database. In absolute values, April was Canada’s lowest month of the quarter for each of the three metrics: occupancy (14.0%), ADR (CAD100.94) and RevPAR (CAD14.13). The country saw...