STR: Canada hotel results for week ending 19 December
HENDERSONVILLE, Tennessee—STR data for 13-19 December 2020 showed Canada’s hotel industry with slightly lower occupancy compared with the previous week.
13-19 December 2020 (percentage change from comparable week in 2019):
- Occupancy: 23.5% (-44.3%)
- Average daily rate (ADR): CAD106.54 (-22.5%)
- Revenue per available room (RevPAR): CAD25.04 (-56.8%)
Occupancy for previous weeks came in at 24.6% (12 December), 24.7% (5 December), and 25.7% (28 November).
For the week ending with 19 December, British Columbia recorded the highest occupancy level (27.7%) among the provinces.
Among the major markets, Vancouver (26.4%) posted the highest occupancy level.
The lowest occupancy among provinces was reported in New Brunswick (16.0%). At the market level, the lowest occupancy was reported in Calgary (14.3%).
Additional Performance Data
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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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