Canada hotel performance fell to record lows in 2020

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HENDERSONVILLE, Tennessee—Canada’s hotel industry saw record lows in both occupancy and revenue per available room (RevPAR), according to STR’s year-end 2020 data.  

In addition to the previously mentioned historic lows, average daily rate (ADR) fell to its lowest level since 2012. Year-over-year declines were the country’s worst across the three key performance metrics.

Among the provinces and territories, Newfoundland and Labrador recorded the lowest occupancy level (24.7%), which was down 54.5% in year-over-year comparisons. The province also experienced the lowest RevPAR level (-62.5% to CAD26.95).

Among the major markets, Montreal (24.5%) saw the lowest occupancy level, down 65.7% year over year.

 

The highest occupancy among provinces was reported in British Columbia (-43.4% to 39.4%). At the market level, the highest occupancy was reported in Vancouver (-53.1% to 37.3%).