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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