Canada hotels report first occupancy, RevPAR declines since April
Ontario led declines with RevPAR down 8.1%, while Toronto's drops reflected tough comparisons against Taylor Swift's 2024 tour impact.
ARLINGTON, Va. – Canada’s hotel industry reported its first year-over-year declines in occupancy and revenue per available room (RevPAR) since April, according to November 2025 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
November 2025 (percentage change from 2024):
- Occupancy: 61.6% (-1.0%)
- Average daily rate (ADR): CAD195.94 (0.0%)
- Revenue per available room (RevPAR): CAD120.70 (-1.0%)
Among the provinces and territories, Ontario reported the steepest declines across each of the three key performance metrics: occupancy (-4.3% to 64.5%), ADR (-4.0% to CAD214.35) and RevPAR (-8.1% to CAD138.32).
Among the major markets, Toronto registered the largest drops in ADR (-10.0% to CAD274.79) and RevPAR (-11.6% to CAD206.37). The market’s performance was due to a comparison against Taylor Swift’s Eras Tour in 2024.
Edmonton saw the sharpest occupancy decrease (-5.5% to 56.2%).
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 90,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
Media Contact
Haley Luther
Senior Communications Manager [email protected] +1 (216) 278 0627