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Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were its highest for any February on record, according to data from CoStar.
February 2025 (percentage change from 2024):
Among the provinces and territories, British Columbia recorded the highest occupancy level (62.3 per cent), which was 0.9 per cent below 2024.
Among the major markets, Vancouver saw the highest occupancy (71.5 per cent), down 2.8 per cent from February 2024.
The lowest occupancy among provinces was reported in Prince Edward Island (36.5 per cent), down 5.5 per cent against 2024.
At the market level, the lowest occupancy was reported in Edmonton (-1.2 per cent to 52.6 per cent).
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Germain Hotels and Reliance Properties have announced a recent partnership to open Le Germain Hotel Vancouver.
Spanish hotel chain RIU Hotels & Resorts is set to open its first Canadian establishment, the Riu Plaza Toronto, in late 2025. This addition will expand the company's urban portfolio to 12 properties worldwide.
Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were its highest for any February on record, according to data from CoStar.