During November Canadian Hotel Industry Faces First Decline in Occupancy and Revenue Since April

• Key Performance Metrics Show Decline: Canada’s hotel industry experienced its first year-over-year declines in occupancy and revenue per available room (RevPAR) since April, as per November 2025 data.
• Ontario and Major Markets Hit Hardest: Ontario and major markets such as Toronto and Edmonton reported significant declines in key performance indicators, affecting overall industry performance.

Canada’s hotel industry has seen a decline in key performance metrics for the first time since April, according to the latest data from CoStar, a leading provider of commercial real estate insights. In November 2025, the country’s hotel occupancy rate fell to 61.6%, down 1.0% from the previous year. Revenue per available room (RevPAR) also saw a 1.0% decrease, settling at CAD120.70, while the average daily rate (ADR) remained unchanged at CAD195.94.

Ontario emerged as the province most affected by these declines, with occupancy dropping by 4.3% to 64.5%, ADR decreasing by 4.0% to CAD214.35, and RevPAR plummeting by 8.1% to CAD138.32. Among major markets, Toronto experienced the largest declines in ADR and RevPAR, down 10.0% and 11.6%, respectively. This downturn is attributed to the comparison against the high demand generated by Taylor Swift’s Eras Tour in 2024.

Edmonton also faced challenges, recording the steepest drop in occupancy among major markets, with a 5.5% decrease to 56.2%. These figures highlight ongoing volatility in the hotel and travel industry as it navigates a post-pandemic recovery and fluctuating market conditions.