Canada’s hotel performance came in lower than the month prior but showed improved comparisons to 2019, according to STR’s November 2022 data.
November 2022 (percentage change from November 2019)
- Occupancy: 61.0% (+1.6%)
- Average daily rate (ADR): CAD169.69 (+14.8%)
- Revenue per available room (RevPAR): CAD104.98 (+16.6%)
“Top-line performance recovery showed astounding strength in November, reinforcing that travel is still a priority despite high inflation and a dimming economic outlook,” said Laura Baxter, CoStar Group’s director of hospitality analytics for Canada. CoStar Group is the parent company of STR.
