STR data for 14-20 June 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines.
In comparison with the week of 16-22 June 2019, the industry reported the following:
- Occupancy: -66.1% to 25.6%
- Average daily rate (ADR): -39.0 to CAD110.70
- Revenue per available room (RevPAR): -79.3% to CAD28.33
The previous three weeks produced absolute occupancy levels of 23.6%, 22.2% and 21.4%.
British Columbia was the only province to reach a 30% occupancy level (31.7%).
Saskatchewan (27.9%), Manitoba (26.8%) and Alberta (25.2%) were the other provinces with occupancy at or above 25%. Vancouver (28.0%) was the only major market at or above that mark.
The lowest occupancy among provinces was reported in Newfoundland and Labrador (13.4%). At the market level, the lowest occupancy was seen in Calgary (18.4%).
Additional Performance Data
STR’s world-leading hotel performance sample comprises 68,000 properties and 9.1 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
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STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and www.costargroup.com.
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