ARLINGTON, Va. – 22 April 2026 – Canada’s hotel industry reported a third consecutive month of year-over-year performance increases, according to March 2026 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
March 2026 (percentage change from 2025):
• Occupancy: 60.6% (+1.9%)
• Average daily rate (ADR): CAD198.37 (+5.8%)
• Revenue per available room (RevPAR): CAD120.12 (+7.9%)
Among the provinces and territories, Newfoundland and Labrador registered the largest increases across each of the three key performance metrics: occupancy (+21.1% to 58.2%), ADR (+9.4% to CAD154.84) and RevPAR (+32.5% to CAD90.18). The province’s performance was helped by the Labrador Winter Games.
Among the major markets, Vancouver saw the largest performance increases: occupancy (+7.5% to 77.1%), ADR (+7.4% to CAD231.91) and RevPAR (+15.5% to CAD178.84).
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