Canadian Hotel Room Rates Highest Since SEP2019

Canada’s monthly hotel performance in MAY 2022 reached the highest level of room rates since SEP 2019, according to STR.

In MAY 2022, occupancy was 64.4 per cent, average daily rate (ADR) was CAD $171.37, and revenue per available room (RevPAR) was CAD $108.67. Compared to MAY 2019, those numbers changed by: -6.7 per cent, +2.8 per cent, and -4.1 per cent, respectively.

In addition, the MAY 2022 RevPAR level was the country’s highest since OCT 2019 while occupancy was its highest since AUG 2021.

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