Canada is experiencing a travel renaissance as hotel occupancy rates continue to climb this year, up from 30% in January 2022 to peak at 64% in May. Looking from March through August 2022, each month is outperforming the same time in 2019 (pre-pandemic) in terms of bookings as looser restrictions are finally allowing people to travel in greater numbers.
Transient hotel average daily rates (ADR) are trending slightly above 2019 figures, and with a short booking window of 0-7 days still dominating, there is a strong chance that demand will continue to drive higher occupancy numbers and room rates this summer.
Car rentals are proving popular this year as well, with higher average daily rates of $110 in 2022 compared to $78 in 2021, and a slightly longer average rental length at 7 days versus 6 days respectively.
View the full press release as well as our infographic sourced with Amadeus’ forward-looking business intelligence data for more details on hotel, air, and car rental trends.