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STR Reports Canada Hotel RevPAR Above $100 for Three Consecutive Months

Canada’s hotel revenue per available room (RevPAR) came in above CAD100 for the third consecutive month, according to STR’s April 2023 data.

April 2023 (year-over-year percentage change)

  • Occupancy: 62.7% (+9.3%)
  • Average daily rate (ADR): CAD178.80 (+14.8%)
  • Revenue per available room (RevPAR): CAD112.16 (+25.5%)

“Canada’s hotel room rates continued to be the main driver of top-line recovery,” said Laura Baxter, CoStar Group’s director of hospitality analytics for Canada. CoStar Group is the parent company of STR.

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