STR: Canada Hotel Results for Week Ending 21 March

STR | March 27, 2020

HENDERSONVILLE, Tennessee—Showing further COVID-19 impact, the Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 15-21 March 2020, according to data from STR. In comparison with the week of 17-23 March 2019, the industry reported the following: Occupancy: -65.0% to 21.4% Average daily rate (ADR): -16.9% to CAD120.82 Revenue per available room (RevPAR): -70.9% to CAD25.84 Among the provinces and territories, Quebec experienced the largest decline in occupancy (-75.5% to 15.0%) and the steepest drop in RevPAR (-77.8% to CAD19.94). Prince Edward Island p...