STR: Canada hotel results for week ending 14 November
HENDERSONVILLE, Tennessee—STR data for 8-14 November 2020 showed slightly lower occupancy from the previous week for Canada’s hotel industry.
8-14 November 2020 (percentage change from comparable week in 2019):
- Occupancy: 27.8% (-53.5%)
- Average daily rate (ADR): CAD110.36 (-25.9%)
- Revenue per available room (RevPAR): CAD30.70 (-65.5%)
Occupancy for previous weeks came in at 29.4% (7 November), 29.2% (31 October), and 31.1% (24 October), respectively.
For the week ending with 14 November, Nova Scotia recorded the highest occupancy level (35.0%) among the provinces.
Among the major markets, Vancouver (29.0%) saw the highest occupancy level for the week.
The lowest occupancy among provinces was reported in Quebec (17.7%). At the market level, the lowest occupancy was reported in Montreal (14.8%).
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.
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.
North America Media Contact:
+1 (615) 824-8664 ext. 3500
General Media Inbox: