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STR Reports Canada Hotels Achieved Record-high ADR and RevPAR in 2022

January 25, 2023

Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to STR’s 2022 data.

2022 (percentage change from 2019)

  • Occupancy: 61.1% (-6.0%)
  • Average daily rate (ADR): CAD181.73 (+10.0%)
  • Revenue per available room (RevPAR): CAD111.06 (+3.5%)

In December specifically, Canada followed its typical seasonal trend with slightly lower occupancy and RevPAR performance than November, but improved comparisons to 2019: occupancy (+8.4% to 53.3%), ADR (+16.0% to CAD178.15) and RevPAR (+25.7% to CAD95.00). During the month, hoteliers benefited from strong group demand related to the United Nations Biodiversity Conference (COP 15) in Montreal and a resurgence in holiday parties.

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