STR Canada results week ending December 5, 2020

HENDERSONVILLE, Tenn. — STR data for 29 November through 5 December 2020 showed Canada’s hotel industry with slightly lower occupancy compared to the previous week.

The following statistics show the percentage change from the comparable week in 2019:

• Occupancy: 24.7 per cent (-58.3 per cent)
• Average daily rate (ADR): C$106.07 (-28.1 per cent)
• Revenue per available room (RevPAR): C$26.19 (-70.0 per cent)

Occupancy for previous weeks came in at 25.7 per cent (November 28), 27.8 per cent (November 21), and 27.8 per cent (November 14).

For the week ending with December 5, British Columbia recorded the highest occupancy level (28.3 per cent) among the provinces.

Among the major markets, Vancouver (27.3 per cent) posted the highest occupancy level for the week.

About STR
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.

Additional Performance Data
STR’s world-leading hotel performance sample comprises 68,000 properties and 9.1 million rooms around the globe.