ARLINGTON, Va. – 23 October 2026 – Canada’s hotel industry reported its largest year-over-year gain in revenue per available room (RevPAR) since June 2023, according to data from CoStar, a leading global provider of commercial real estate information, analytics, and online property marketplaces.
September 2026 (percentage change from 2025):
• Occupancy: 77.9% (+5.0%)
• Average daily rate (ADR): CAD257.76 (+8.5%)
• Revenue per available room (RevPAR): CAD200.79 (+14.0%)
The 5.0% lift in occupancy was the highest for the country since May 2023.
Among the provinces and territories, Quebec recorded the largest increases across each of the three key performance metrics: occupancy (+10.4% to 80.9%), ADR (+10.2% to CAD267.15) and RevPAR (+21.6% to CAD216.20).
Among the major markets, Montreal saw the highest gains in occupancy (+13.0% to 84.3%) and RevPAR (+25.5% to CAD232.65). The market’s performance was helped by several events and concerts, including the FIP World Congress of Pharmacy and Pharmaceutical Sciences, the Rush reunion tour, and POP Montreal.
Vancouver registered the largest ADR lift (+11.5% to CAAD373.42).
For more information about the company and its products and services, please visit www.costargroup.com.