Canada’s hotel industry reported lower monthly performance levels amid the latest pandemic concerns, according to STR’s January 2022 data.
January 2022 (percentage change from January 2019)
- Occupancy: 32.4% (-35.9%)
- Average daily rate (ADR): CAD131.72 (-10.6%)
- Revenue per available room (RevPAR): CAD42.70 (-42.7%)
“The Omicron wave and the restrictions that ensued placed added pressure on performance recovery in January,” said Laura Baxter, CoStar Group’s director of hospitality analytics for Canada. CoStar Group is the parent company of STR.
