ARLINGTON, Va. – 24 March 2025 – Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were its highest for any February on record, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
February 2025 (percentage change from 2024):
- Occupancy: 57.7% (-0.5%)
- Average daily rate (ADR): CAD189.27 (+4.2%)
- Revenue per available room (RevPAR): CAD109.14 (+3.7%)
Among the provinces and territories, British Columbia recorded the highest occupancy level (62.3%), which was 0.9% below 2024.
Among the major markets, Vancouver saw the highest occupancy (71.5%), down 2.8% from February 2024.
The lowest occupancy among provinces was reported in Prince Edward Island (36.5%), down 5.5% against 2024.
At the market level, the lowest occupancy was reported in Edmonton (-1.2% to 52.6%).
For more information about the company and its products and services, please visit www.costargroup.com.
Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 87,000 properties and 11 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 – STR
(216) 278-0627
hluther@str.com
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, and online marketplaces. 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 include 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 134 million average monthly unique visitors in the fourth quarter of 2024, 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.