Susie Grynol resigns from HAC, appointed VP at Marriott International
The Hotel Association of Canada (HAC) has announced the resignation of Susie Grynol from her position as president and CEO, effective June 3rd, 2024
HENDERSONVILLE, Tenn. — The latest STR statistics for Canada paint a picture that becomes more dire as the weeks wear on. Occupancy last week in Canadian hotels was just 21.4 per cent. Showing further COVID-19 impact, the Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 15-21 March […]
HENDERSONVILLE, Tenn. — The latest STR statistics for Canada paint a picture that becomes more dire as the weeks wear on. Occupancy last week in Canadian hotels was just 21.4 per cent.
Showing further COVID-19 impact, the Canadian hotel industry recorded negative year-over-year results in the three key performance metrics during the week of 15-21 March 2020, according to data from STR.
In comparison with the week of 17-23 March 2019, the industry reported the following:
• Occupancy: -65.0 per cent to 21.4 per cent
• Average daily rate (ADR): -16.9 per cent to C$120.82
• Revenue per available room (RevPAR): -70.9 per cent to C$25.84
Among the provinces and territories, Quebec experienced the largest decline in occupancy (-75.5 per cent to 15.0 per cent) and the steepest drop in RevPAR (-77.8 per cent to C$19.94).
Prince Edward Island posted the largest decrease in ADR (-24.3 per cent to C$87.39).
Of note, Ontario saw double-digit declines across the three key performance metrics: occupancy (-65.1 per cent to 21.7 per cent), ADR (-18.1 per cent to C$120.77) and RevPAR (-71.4 per cent to C$26.22).
Among the major markets, Montreal recorded the steepest drop in RevPAR (-77.3 per cent to C$21.67), due to the largest decrease in occupancy (-75.6 per cent to 15.3 per cent).
Ottawa registered the largest decline in ADR (-20.6 per cent to C$129.49).
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.
The Hotel Association of Canada (HAC) has announced the resignation of Susie Grynol from her position as president and CEO, effective June 3rd, 2024
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