ARLINGTON, Va. – 20 August 2025 – Canada’s hotel industry reported its highest occupancy level since August 2019, according to July 2025 data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
July 2025 (percentage change from 2024):
- Occupancy: 77.6% (+3.0%)
- Average daily rate (ADR): CAD248.50 (+5.3%)
- Revenue per available room (RevPAR): CAD192.75 (+8.5%)
The year-over-year growth rates across each of the three key performance metrics were Canada’s highest this year.
Among the provinces and territories, Manitoba posted the highest increases in each of the three key performance metrics: occupancy (+14.8% to 80.9%), ADR (+14.5% to CAD180.01) and RevPAR (+31.5% to CAD145.71).
Quebec was the only province to show a decline in occupancy (-1.2% to 75.7%). All of the provinces/territories saw an increase in ADR and RevPAR.
Among the major markets, Ottawa-Gatineau saw the largest occupancy gain (+6.5% to 74.4%).
Toronto will host several major events in August and September, which are driving increased occupancy on the books. Booking levels are as high as 75.1% and 68.4% for the Oasis shows approaching on 24 and 25 August, respectively. Those levels are up over 20% compared to the same time last year.
The Toronto International Film Festival, which attracted 700k guests last year, is also impacting bookings, which are up nearly 20% compared to last year on the first two nights of the event (4-5 September).
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 90,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
News Media Contact
Haley Luther
Senior Communications Manager
(216) 278-0627
hluther@costar.com
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 141 million average monthly unique visitors in the second quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.