ARLINGTON, Va. – Canada’s hotel industry reported its highest 2025 monthly growth rates in occupancy and revenue per available room (RevPAR), according to May data from CoStar. CoStar, a leader in online real estate marketplaces and information for the property market, provides analytics as well as data.
May 2025 (percentage Change from 2024).
- Occupancy: 70.2% (+1.9%)
- Average daily Rate (ADR): 213.57 CAD (+3.3%)
- Revenue per available room (RevPAR): CAD149.96 (+5.3%)
ADR growth in February was higher (+4.3%).
There are a number of provinces and territories. Saskatchewan The province posted the largest increases in ADR (+6.9%, to CAD151.97), and RevPAR (+16.2%, to CAD102.80). The occupancy rate in the province also increased 8.7%, to 67.6%. The occupancy rate also grew at the same pace. Manitoba The highest monthly increase was (+8.7% to 74.0%).
British Columbia The highest absolute occupancy levels (74.7%), and ADR (CAD255.82) were recorded in the year. This represents gains of 0.7% and 0.10% respectively.
The major markets are: Calgary The highest growth was seen in occupancy (+8.2%, to 72.3%) and RevPAR (+14.7%, to CAD129.13). Montreal ADR growth was led by the company (+6.9% at CAD248.00).
Vancouver In terms of occupancy, the number was highest ever (83.3%). ADR (CAD306.06) also reached its highest level, but it fell by 2.6% and 0.9%, respectively.
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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, the world’s leading provider of commercial real estate news, analytics and information, allows clients to gain unparalleled insight into property values, market conditions, 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 connects agents, buyers and sellers in the fastest-growing residential online marketplace. OnTheMarket is the leading residential property portal for the United Kingdom. BureauxLocaux, one of France’s largest property portals specialized in buying and renting commercial real estate, is a leading site for this purpose. Business Immo, France’s most popular commercial real estate news source. Thomas Daily, Germany’s largest real estate online data database. Belbex, the leading source for commercial space in Spain that is available to rent and sell, 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. Visit https://www.costargroup.com/ for more information. CoStarGroup.com.
This news release includes forward-looking statements. These include, but are not limited to, statements about CoStar’s expectations or beliefs for the future. These statements are based on current beliefs, and they are subject to many uncertainties and risks that could cause the actual results to be materially different from these statements. These differences could be caused or contributed to by a number of factors including the possibility that future media events may not result in an increase in occupancy rates. CoStar has provided additional information regarding potential factors which could lead to results differing materially from the ones anticipated in the forward looking statements. This includes, but is not limited to the filings that CoStar makes with the Securities and Exchange Commission from time to time, such as the Annual Report on Form 10K for the year ending December 31, 2023 and in Forms 10Q for the quarters ended March 31, 2020, June 30, 2030, and September 30 2023. CoStar’s forward-looking statement are based solely on the information it had at that time. CoStar is not obligated to update any of these forward-looking information as a consequence of new information.
