ARLINGTON, Va. – On the negative side of the Easter calendar shift, Canada’s hotel industry reported mixed year-over-year performance in April, according to data from CoStar. CoStar is the leading provider of real estate information, analytics and marketplaces online.
April 2025:
- Occupancy: 63.2% (-1.0%)
- Average daily Rate (ADR) : CAD190.46 (+1.1%)
- Revenue per available room (RevPAR): CAD120.36 (0.0%)
There are a number of provinces and territories. British Columbia The occupancy rate was 68.7%, 1.5% more than in 2024.
The highest occupancy rate was recorded in Vancouver (-1.2 to 78.5%).
The province with the lowest occupancy was reported to be Prince Edward Island (44,2%) is up 6.4% from 2024.
The market level Calgary The lowest occupancy rate was 61.2 %, down by 0.9% from April 2020.
Visit the website for more information on the company, its products and services. www.costargroup.com.
Additional Performance Data
CoStar’s hotel performance sample is comprised of more than 88,000 hotels and 11.5 Million rooms in over 80 countries. For additional data, members of the media can contact the following contacts.
CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP), is a leading online provider of real estate information and analytics. CoStar Group, founded in 1987, conducts extensive, ongoing research for the production and maintenance of the largest, most comprehensive database on real estate. CoStar is a global leader in information and analytics about commercial real estate. Its clients can analyze and interpret the data to get a unique insight on market conditions, property values and availability. Apartments.com provides property owners and managers with a platform that is proven to help them market their apartments. LoopNet has thirteen million monthly unique visitors on average. STR offers premium data benchmarking and analytics for the global hospitality sector. Ten-X is a leading platform to conduct commercial real estate auctions online and negotiated bidding. Homes.com, the fastest-growing online residential marketplace, connects buyers, sellers, and agents. OnTheMarket is the leading residential property portal for the United Kingdom. BureauxLocaux, one of France’s largest property portals, is a specialized site for purchasing and leasing commercial properties. Business Immo, France’s most popular commercial real estate news source. Thomas Daily is Germany’s largest online real estate data pool. Belbex, the leading source for commercial space in Spain that is available for rent and sale, is the most comprehensive resource. CoStar Group websites had over 163,000,000 unique monthly visitors on average in the third quarter 2024. CoStar Group, headquartered in Washington, DC, has offices across the U.S., Europe, Canada, Asia, and Canada. CoStarGroup.com will be used as a medium to distribute material company information. For more information visit CoStarGroup.com.
This news release contains “forward-looking” statements, including statements about CoStar’s beliefs or expectations regarding the future. These statements are made based on current opinions and are subjected to numerous risks and uncertainties which could lead to actual results differing materially from the statements. One factor that could contribute to or cause such differences is the possibility of future media events not sustaining an increase in future occupancy. For more information on potential factors that may cause results to be materially different from those predicted in forward-looking statements, please refer to CoStar’s filings made with the Securities and Exchange Commission. These include CoStar’s Annual Report Form 10-K for year ended December 31 2023 and the Forms 10-Q filed for quarterly periods ending March 31, 2024 and June 30, 2024 and September 30, 202023. CoStar has made all forward-looking claims based on the information it had at that time. CoStar does not assume any obligation to revise or update these statements as a result new information or future events.
Karolina Capova
Media Relations Executive – STR
STR
