HENDERSONVILLE, Tennessee – STR data for 29 November through 5 December 2020 showed Canada’s hotel industry with slightly lower occupancy compared to the previous week.
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- Occupancy: 24.7% (-58.3%)
- Average daily rate (ADR): CAD106.07 (-28.1%)
- Revenue per available room (RevPAR): CAD26.19 (-70.0%)
Occupancy for previous weeks came in at 25.7% (28 November), 27.8% (21 November), and 27.8% (14 November).
For the week ending with 5 December, British Columbia recorded the highest occupancy level (28.3%) among the provinces.
Among the major markets, Vancouver (27.3%) posted the highest occupancy level for the week.
The lowest occupancy among provinces was reported in New Brunswick (14.5%). At the market level, the lowest occupancy was reported in Calgary (15.8%).
About STR
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 costargroup.com.
