HENDERSONVILLE, Tenn. — The Canadian hotel industry saw higher performance from the previous quarter, but at overall low levels, according to Q3 2020 data from STR.
Q3 2020 (percentage change from Q3 2019):
• Occupancy: 38.1 per cent (down 49.8 per cent)
• Average Daily Rate (ADR): $131.65 (down 28 per cent)
• Revenue Per Available Room (RevPAR): $50.15 (down 63.9 per cent)
The absolute occupancy level was the lowest for any third quarter in STR’s Canada database, but was more than double the level from Q2 2020 (19.4 per cent). The ADR level was the lowest for a Q3 since 2009.
In absolute values, July was Canada’s lowest month of the quarter for occupancy (34 per cent) and RevPAR ($44.71), while September was the lowest in ADR ($126.18). The country saw its lowest occupancy level during the week of April 5 to 11, but has since reached a 30-per-cent level in the metric.
British Columbia reported the quarter’s highest occupancy level (48.3 per cent), which was still down 41.5 per cent year over year. Newfoundland and Labrador showed the lowest occupancy (30.7 per cent), down 57.4 per cent from Q3 2019.
