Canada’s hotel average daily rate and revenue per available room were its highest for any February on record, according to data from CoStar.
February 2025 (percentage change from 2024):
- Occupancy: 57.7 percent (-0.5 percent)
- Average daily rate: 189.27 (+4.2 percent)
- Revenue per available room: 109.14 (+3.7 percent)
Among the provinces and territories, British Columbia recorded the highest occupancy level (62.3 percent), which was 0.9 percent below 2024.
Among the major markets, Vancouver saw the highest occupancy (71.5 percent), down 2.8 percent from February 2024.
The lowest occupancy among provinces was reported in Prince Edward Island (36.5 percent), down 5.5 percent against 2024.
At the market level, the lowest occupancy was reported in Edmonton (-1.2 percent to 52.6 percent).