Canada’s monthly hotel occupancy came in higher than the 2019 comparable for the first time in the pandemic era, according to STR’s July 2022 data.
July 2022 (percentage change from July 2019)
-Occupancy: 75.5% (+0.3%)
-Average daily rate (ADR): CAD214.77 (+16.1%)
-Revenue per available room (RevPAR): CAD162.11 (+16.4%)
In addition to the improvement in occupancy, monthly ADR topped CAD200 for the first time on record, and RevPAR was at an all-time high. When adjusted for inflation, ADR was also up from 2019 for the first time.
