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Canada’s hotel industry recorded its highest monthly growth rates of 2025 in May, according to data from CoStar.
The real estate analytics provider reported gains across key performance metrics, including occupancy, average daily rate (ADR), and revenue per available room (RevPAR).
May 2025 year-over-year changes:
Occupancy: 70.2 per cent (+1.9 per cent)
ADR: $213.57 (+3.3 per cent)
RevPAR: $149.96 (+5.3 per cent)
While February saw a stronger ADR increase at 4.3 per cent, May marked the peak growth so far this year in both occupancy and RevPAR.
Regional and market-level highlights
Saskatchewan led all provinces in ADR and RevPAR growth. The province’s ADR rose 6.9 per cent to $151.97, while RevPAR increased 16.2 per cent to $102.80. Occupancy in the province also climbed 8.7 per cent to 67.6 per cent, matching Manitoba, where occupancy also rose 8.7 per cent to 74 per cent.
British Columbia reported the highest absolute levels in both occupancy and ADR, at 74.7 per cent and $255.82, respectively. These figures reflected modest year-over-year increases of 0.7 per cent and 0.1 per cent.
Among major urban markets, Calgary posted the strongest growth in occupancy, up 8.2 per cent to 72.3 per cent, and in RevPAR, up 14.7 per cent to $129.13.
Montreal recorded the highest ADR growth, rising 6.9 per cent to $248.
Vancouver maintained the highest occupancy and ADR levels among major markets at 83.3 per cent and $306.06, despite year-over-year declines of 0.9 per cent and 2.6 per cent, respectively.
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