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Canada’s Hotel Performance Continues Steady Rise: STR

HENDERSONVILLE, Tenn. — STR data for Aug. 9 to 15, 2020 shows a continued steady rise in Canada’s hotel performance but the same significant level of year-over-year declines.

In comparison with the week of August 11 to 17, 2019, the industry reported a 47.8-per-cent drop in occupancy to 41.8 per cent, a 29.5-per-cent drop in Average Daily Rate (ADR) to $129.19 and a 63.2-per-cent decline in Revenue Per Available Room (RevPAR) to $53.99.

Two provinces — Prince Edward Island and British Columbia — reached a 50-per-cent occupancy level with 52.2 per cent and 52.1 per cent respectively. Two additional provinces reached a 40-per-cent occupancy level — Manitoba (41.2 per cent) and Ontario (41.7 per cent).

Ottawa (40.1 per cent) was the only major market at or above the 40-per-cent mark.

The lowest occupancy among provinces was reported in Nova Scotia (35.4 per cent). At the market level, the lowest occupancy was seen in Montreal (22.3 per cent).

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