HENDERSONVILLE, Tenn. — Due to the impact of the COVID-19 pandemic, the Canadian hotel industry reported all-time lows in the three key performance metrics during Q22020, according to data from STR.
Compared with Q2 2019:
• Occupancy: down 71.4 per cent to 19.4 per cent
• Average daily rate (ADR): 36.4-per-cent decrease to $106.66
• Revenue Per Available Room (RevPAR): down 81.8 per cent to $20.72
The absolute occupancy and RevPAR levels were the lowest for any quarter in STR’s Canada database.
In absolute values, April was Canada’s lowest month of the quarter for each of the three metrics: occupancy (14 per cent), ADR ($100.94) and RevPAR ($14.13). 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.
Among the provinces and territories, Newfoundland and Labrador recorded the steepest decline in occupancy, falling 82.3 per cent to 10.2 per cent. British Columbia posted the largest drop in ADR, down 42 per cent to $116.92, while Quebec registered the steepest decrease in RevPAR, falling 88.3 per cent to $15.08.
