A new report finds Canadian hotels are bouncing back nicely from the pandemic. According to str.com, a hotel tracking website based in Tennessee, Canada’s monthly hotel performance improved from the previous month yet again, and room rates reached the highest level since September 2019,. STR’s May 2022 data shows occupancy for the month at 63.4%, which is down a bit from May, 2019 (70.1%). But the average daily rate was up 2.8% to $171.37 CAD. “Overall, May was a strong month for Canada hotels, with many of the segments that have lagged in recovery showing real improvement,” said Laura Baxter, Read more
