Canada Hotels Reported Mixed Performance in March
Canada’s hotel industry reported mixed year-over-year performance in March, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
ARLINGTON, Va. – Canada’s hotel industry reported mixed year-over-year performance in March, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
March 2025 (percentage change from 2024):
- Occupancy: 59.4% (-2.7%)
- Average daily rate (ADR): CAD187.81 (+1.6%)
- Revenue per available room (RevPAR): CAD111.52 (-1.2%)
Despite a year-over-year drop in the metric, Canada’s occupancy level was its highest since November 2024.
Among the provinces and territories, British Columbia recorded the highest occupancy level (66.8%), which was 1.4% above 2024.
Among the major markets, Vancouver saw the highest occupancy (72.0%), down 1.7% from March 2024.
The lowest occupancy among provinces was reported in Prince Edward Island (38.4%), up 17.9% against 2024.
At the market level, the lowest occupancy was reported in Montreal (-13.9% to 55.0%).
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 88,000 properties and 11.5 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.