Canada hotels report highest occupancy gain since July 2025

ARLINGTON, Va. – 26 February 2026 – Canada’s hotel industry reported its highest year-over-year occupancy increase since July 2025, according to January 2026 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.

January 2026 (percentage change from 2025):

• Occupancy: 51.5% (+3.1%)
• Average daily rate (ADR): CAD188.98 (+4.7%)
• Revenue per available room (RevPAR): CAD97.35 (+7.9%) 

Among the provinces and territories, Manitoba reported the largest increases across each of the three key performance metrics: occupancy (+11.9% to 59.6%), ADR (+9.0% to CAD175.84) and RevPAR (+21.9% to CAD104.83).

Among the major markets, Edmonton registered the highest gains in ADR (+7.1% to CAD152.46) and RevPAR (+12.6% to CAD77.36). 

Vancouver saw the largest occupancy lift (+6.9% to 64.5%). 

For more information about the company and its products and services, please visit www.costargroup.com. 

Additional Performance Data
CoStar’s world-leading hotel performance sample comprises 94,000 properties and 12 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

News Media Contact
Haley Luther
Senior Communications Manager 
(216) 278-0627
hluther@costar.com 

About CoStar Group 
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.