Amidst great global geopolitical and economic uncertainty, Canadians showed their true “Elbows Up” resilience. The national hotel occupancy level cracked the 66% mark with close to 70 million occupied rooms across the country. This is a remarkable achievement, especially given that it was coupled with a 3.5% increase in average daily rates nationally, resulting in a 4.2% RevPAR uptick. The luxury segment saw the greatest lift in RevPAR at 8.7%, more than twice the national average.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Canadian Lodging Outlook Quarterly 2025-Q4
Amidst great global geopolitical and economic uncertainty, Canadians showed their true “Elbows Up” resilience. The national hotel occupancy level cracked the 66% mark with close to 70 million occupied rooms across the country. This is a remarkable achievement, especially given that it was coupled with a 3.5% increase in average daily rates nationally, resulting in a 4.2% RevPAR uptick. The luxury segment saw the greatest lift in RevPAR at 8.7%, more than twice the national average.
Canadian Lodging Outlook May 1999
Ottawa/Hull Hotel Market
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.