ARLINGTON, Va. – 28 April 2025 – 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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