According to CoStar data, Canada’s hotel industry recorded its strongest year-over-year revenue per available room growth since June 2023, driven by higher room rates and occupancy.
In September 2026, national hotel occupancy reached 77.9%, up 5.0% from the same month a year earlier — the country’s largest occupancy gain since May 2023. Average daily rate increased 8.5% to CAD257.76, pushing RevPAR up 14.0% to CAD200.79.
Quebec delivered the strongest performance among Canada’s provinces and territories. Occupancy climbed 10.4% to 80.9%, while ADR rose 10.2% to CAD267.15. The province’s RevPAR advanced 21.6% to CAD216.20.
Montreal led major Canadian hotel markets in occupancy and RevPAR growth. Occupancy increased 13.0% to 84.3%, and RevPAR jumped 25.5% to CAD232.65.
The city’s performance was boosted by events including the FIP World Congress of Pharmacy and Pharmaceutical Sciences, the Rush reunion tour and POP Montreal.
Vancouver recorded the largest ADR increase among major markets, rising 11.5% year over year to CAD373.42.