STR: Canada hotel results for week ending 6 February
Note: After 11 February 2021, STR will no longer issue a Canada weekly press release. Our communications team is adjusting our press release offerings based on interest and to offer media outlets with the insights needed for their industry coverage. With that in mind, we will begin to share a Canada monthly press release later in February. If you have any questions, please feel free to reach out to the contacts listed below.
HENDERSONVILLE, Tennessee—STR data for 31 January through 6 February 2021 showed Canada’s hotel industry with slightly lower occupancy compared with the previous week.
31 January through 6 February 2021 (percentage change from comparable week in 2020):
- Occupancy: 23.6% (-57.8%)
- Average daily rate (ADR): CAD105.48 (-28.7%)
- Revenue per available room (RevPAR): CAD24.87 (-69.9%)
Occupancy for previous weeks came in at 23.8% (30 January), 23.0% (23 January), and 22.6% (16 January).
For the week ending with 6 February, British Columbia recorded the highest occupancy level (30.0%) among the provinces.
Among the major markets, Vancouver (27.7%) posted the highest occupancy level.
The lowest occupancy among provinces was reported in New Brunswick (12.7%). At the market level, the lowest occupancy was reported in Montreal (13.1%).
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.
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