• Canada’s hotel industry recorded its highest average daily rate (ADR) and revenue per available room (RevPAR) for February.
• British Columbia and Vancouver posted the highest occupancy levels among provinces and major markets.

According to data from CoStar, Canada’s hotel industry witnessed a record-breaking performance in February 2025, with the highest average daily rate (ADR) and revenue per available room (RevPAR) for any February to date.

The ADR for February was CAD189.27, a 4.2% increase from the previous year. Simultaneously, the RevPAR stood at CAD109.14, marking a 3.7% rise. However, the occupancy rate was slightly lower at 57.7%, a 0.5% decrease from 2024.

British Columbia reported the highest occupancy level among Canadian provinces and territories at 62.3%, slightly lower than in 2024. Vancouver claimed the top spot among the major markets with an occupancy rate of 71.5%, though down 2.8% from the previous year.

Prince Edward Island noted the lowest occupancy among provinces at 36.5%, a 5.5% drop from 2024, while Edmonton reported the lowest market-level occupancy, declining 1.2% to 52.6%.