Canada's hotels industry achieved remarkable growth in occupancy and RevPR, revenue per available room in May 2025, according to CoStar, American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe.
The data reveals a 1.9% rise in occupancy to 70.2% and a 5.3% increase in RevPAR to CAD149.96, while the ADR, the average daily rate climbed by 3.3% to CAD213.57.
Saskatchewan, Canadian province that borders the United States to the south stood out with the highest ADR and RevPAR growth, seeing a 6.9% rise in ADR to CAD151.97 and a 16.2% increase in RevPAR to CAD102.80. In addition, the province matched Manitoba, province of Canada at the longitudinal centre of the country with the highest occupancy growth rate of 8.7%.
British Columbia, Canada's westernmost province, recorded the highest absolute occupancy and ADR levels, although growth was modest with its largest city Vancouver that maintained the highest absolute occupancy and ADR despite slight declines.
Calgary, relevant city in the province of Alberta led major markets in occupancy and RevPAR growth, while Montréal, the largest city in the province of Québec excelled in ADR growth.
According to Smith Travel Research (STR), a leading provider of data benchmarking, analytics, and marketplace insight for the global hospitality industry, the Canadian hotel industry is experiencing a positive outlook for 2025 with projected revenue increases and strong performances in key areas like occupancy and revenue.
This growth is fueled by a combination of factors including sustained travel demand, major international events and robust economic conditions.
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Thanks a lot to read and note.