Canada hotels report first occupancy, RevPAR declines since April
ARLINGTON, Va. – 19 December 2025 – Canada’s hotel industry reported its first year-over-year declines in occupancy and revenue per available room (RevPAR) since April, according to November 2025 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
November 2025 (percentage change from 2024):
- Occupancy: 61.6% (-1.0%)
- Average daily rate (ADR): CAD195.94 (0.0%)
- Revenue per available room (RevPAR): CAD120.70 (-1.0%)
Among the provinces and territories, Ontario reported the steepest declines across each of the three key performance metrics: occupancy (-4.3% to 64.5%), ADR (-4.0% to CAD214.35) and RevPAR (-8.1% to CAD138.32).
Among the major markets, Toronto registered the largest drops in ADR (-10.0% to CAD274.79) and RevPAR (-11.6% to CAD206.37). The market’s performance was due to a comparison against Taylor Swift’s Eras Tour in 2024.
Edmonton saw the sharpest occupancy decrease (-5.5% to 56.2%).
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 90,000 properties and 11.8 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
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.
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