• Toronto experienced remarkable growth driven by the 2025 World Series – Image Credit Unsplash   

  • Canada’s hotel sector experiences significant growth in October 2025, with notable increases in key performance metrics.
  • Major events like the 2025 World Series contribute to substantial gains in Toronto’s hotel market.
  • Canada’s hotel industry has reported its highest growth rates in average daily rate (ADR) and revenue per available room (RevPAR) for the year 2025, according to data released by CoStar, a global leader in commercial real estate information and analytics. This surge in performance highlights a robust recovery and expansion within the sector.

    In October 2025, Canada’s hotel occupancy reached 69.8%, up 2.1% from the previous year. The ADR rose by 7.0% to CAD214.09, while RevPAR saw a significant 9.2% increase, reaching CAD149.49.

    Among the provinces, Newfoundland and Labrador led the way with the largest gains in both occupancy, which climbed 11.9% to 70.0%, and RevPAR, which surged 19.0% to CAD121.03. Nova Scotia also stood out with the highest increase in ADR, rising 10.7% to CAD207.78.

    Toronto experienced remarkable growth driven by the 2025 World Series, with ADR rising 14.8% to CAD294.90 and RevPAR increasing 17.3% to CAD239.81. These figures underscore the impact of major events on hotel performance and the overall vitality of Canada’s travel and hospitality sectors.

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