COVID-19's effect on hotel KPIs in Canada as of September 19, 2020

The coronavirus (COVID-19) pandemic is causing the hotel industry across the globe to take a hit. In Canada, this can be seen through a year-over-year decrease in the most important key performance indicators in the industry: occupancy, revenue per available room (RevPAR), and average daily rate (ADR). In the week ending September 19, Canadian hotels had an occupancy of 52.8 percent, showing a year-over year decrease of 37 percent. Meanwhile, ADR dropped to 121.94 Canadian dollars, reflecting a decrease of 32.3 percent on the previous year. Lastly, a RevPAR of 45.17 Canadian dollars showed a year-on-year drop of 68 percent.

Impact on the hotel industry's key performance indicators in Canada due to the coronavirus (COVID-19) pandemic for the week ending September 19, 2020

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Sources

Release date

September 2020

Region

Canada

Survey time period

week ending September 19, 2020

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Statistics on "Coronavirus (COVID-19) in Canada"

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