STR: Vancouver ~72.3% Hotel occupancy for August (-20% 2019) Vancouver Hotels Achieve 72.3% Occupancy for the Month
Canada’s hotel industry reported its highest monthly performance levels since the pandemic, according to STR’s August 2021 data.
Even with improvement from previous months, the country’s performance levels remained well below pre-pandemic comparisons from August 2019:
Occupancy: 65.4% (-17.0%)
Average daily rate (ADR): CAD160.36 (-13.4%)
Revenue per available room (RevPAR): CAD104.92 (-28.1%)
The occupancy and RevPAR levels were the highest in Canada since October 2019, while the ADR level was the country’s highest since September 2019.
https://www.hospitalitynet.org/news/4106600.html