STR
STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries.
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).
W Calgary, JW Marriott and Autograph Collection hotel to anchor landmark $1.47B development in Culture + Entertainment District
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Niagara Falls-based Fallsview Group has expanded beyond Ontario with the acquisition of the Hyatt Regency Calgary, marking the company’s first venture into Western Canada.