Canada’s hotel industry reported its first year-over-year declines in occupancy and revenue per available room since April, according to November 2025 data from CoStar.
For November (percentage change from 2024):
- Occupancy: 61.6 percent (-1 percent)
- Average daily rate: C$195.94 (0 percent)
- RevPAR: C$120.70 (-1 percent)
Among the provinces and territories, Ontario reported the steepest declines across each of the three key performance metrics: occupancy (-4.3 percent to 64.5 percent), ADR (-4 percent to C$214.35) and RevPAR (-8.1 percent to C$138.32).
Among the major markets, Toronto registered the largest drops in ADR (-10 percent to C$274.79) and RevPAR (-11.6 percent to C$206.37). 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 percent to 56.2 percent).