Canada’s hotel industry reported its third consecutive month of year-over-year performance growth in March 2026, according to CoStar.
National occupancy reached 60.6%, up 1.9% from March 2025. The average daily rate (ADR) rose 5.8% to CAD198.37, and revenue per available room (RevPAR) increased 7.9% to CAD120.12.
Newfoundland and Labrador recorded the largest gains among provinces and territories, with occupancy rising 21.1% to 58.2%, ADR up 9.4% to CAD154.84, and RevPAR climbing 32.5% to CAD90.18. The province’s performance was supported by the Labrador Winter Games.
Among major markets, Vancouver posted the strongest increases, with occupancy up 7.5% to 77.1%, ADR rising 7.4% to CAD231.91, and RevPAR increasing 15.5% to CAD178.84.
