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%).

For more information about the company and its products and services, please visit www.costargroup.com.

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

View story source
Markets & Performance Finance Ancillary Revenue Occupancy Rates Conversion Hotels Market Expansion USA & Canada Canada

CoStar Group is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives. CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and...