cosstar
STR: Canada hotel performance for April 2021
STR | May 25, 2021
HENDERSONVILLE, Tennessee—Canada’s hotel industry reported slightly lower performance from the previous month, according to STR’s April 2021 data. While year-over-year percentage changes show significant increases because of comparison with a pandemic-affected period in 2020, the country’s performance levels remained well below the pre-pandemic comparable of April 2019: Occupancy: 29.4% (-52.7%) Average daily rate (ADR): CAD113.77 (-25.1%) Revenue per available room (RevPAR): CAD33.41 (-64.6%) “Occupancy had been on a slow, upward trajectory. However, the spike in COVID-19 cases, restrictions on domestic travel and ...