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On balance, Canadian hotels had a strong performance in 2025

Year-end 2025 performance suffers from comparison to inflated 2024 results
The rise of the "buy Canadian" movement in response to U.S. trade policies has translated to "stay Canadian" and benefitted the country's hotel performance in 2025. Shown here is the Holiday Inn Express & Suites Toronto Airport West in Mississauga, Ontario. (CoStar)
The rise of the "buy Canadian" movement in response to U.S. trade policies has translated to "stay Canadian" and benefitted the country's hotel performance in 2025. Shown here is the Holiday Inn Express & Suites Toronto Airport West in Mississauga, Ontario. (CoStar)
CoStar Analytics
January 27, 2026 | 1:15 P.M.

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The Canadian hotel industry turned in a strong performance in 2025, though the year's overall stability masks significant month‑to‑month variation.

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