The Canada Hospitality Market Report is Segmented by Type (Chain Hotels, Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, Budget & Economy, Service Apartments), Booking Channel (Direct Digital, Otas, Corporate/MICE, Wholesale & Traditional Agents), and Geography (Ontario, Québec, British Columbia, Alberta, Saskatchewan, Manitoba and More). The Market Forecasts are Provided in Terms of Value (USD).

The summary statistics by North American Industry Classification System (NAICS), which include: operating revenue (dollars x 1,000,000), operating expenses (dollars x 1,000,000), salaries wages and benefits (dollars x 1,000,000), and operating profit margin (by percent), of all NAICS under accommodation services (721), annual, for five years of data.

The Canadian hospitality industry, a significant contributor to the national economy, is experiencing robust growth, mirroring global trends. While precise Canadian market figures for 2019-2024 are unavailable, extrapolating from the global CAGR of 5.27% and considering Canada's strong tourism sector and robust domestic travel, we can estimate substantial growth. The industry is segmented by hotel type (chain vs. independent) and service level (budget/economy, mid-scale, luxury, service apartments). The increasing popularity of budget and mid-scale hotels caters to price-conscious travelers, while the luxury segment continues to attract high-spending clientele. Key drivers include increasing disposable incomes, a rise in domestic and international tourism, and significant investments in infrastructure development, particularly in major cities like Toronto, Vancouver, and Montreal. However, challenges exist, including seasonal fluctuations in tourism, increasing operating costs (labor and energy), and the ongoing impact of global economic uncertainty. The industry's response includes diversification of offerings (e.g., incorporating sustainable practices, enhancing technology integration), and strategic partnerships to attract and retain both employees and guests. The competitive landscape includes both international and domestic players such as Marriott, Hilton, and smaller independent chains and boutique hotels, each vying for market share through differentiated service offerings and branding. The forecast for the Canadian hospitality industry from 2025 to 2033 is positive, predicated on continued economic growth and sustained tourism. We anticipate a CAGR similar to or slightly exceeding the global average, reflecting Canada's attractive tourism appeal and proactive industry adaptations. The increasing demand for unique travel experiences and sustainable tourism will likely influence future investment decisions and create new opportunities within the sector. Further growth will depend on factors including government policies that support the tourism industry, effective management of labor costs, and the successful navigation of environmental sustainability concerns. Analyzing specific regional variations within Canada (e.g., Atlantic Canada vs. Western Canada) would provide a more granular understanding of market opportunities and potential challenges within specific geographic areas. Recent developments include: January 2024 - APA Hotel Canada Inc., a wholly owned subsidiary of Coast Hotels Limited, is one of the fastest-growing hotel brands in North America and one of the largest hotel brands in Canada. Coast Hotels announced the opening of two brand new franchise properties, Eldorado (a Coast Hotel) and Midnight Sun (a Coast Hotel), in the historic and vibrant downtown area of Dawson City, Yukon, Canada., July 2023 - Wyndham Hotels & Resorts, the global leader in hotel franchising with over 9,100 hotels in more than 95 countries, announced the addition of 60 new hotels to its fast-growing extended stay brand Echo Suitssm, including what is set to be the brand's first Canadian hotels.. Key drivers for this market are: Rising Awareness among Hotels & Resorts to Implement Eco-Friendly Measures, Rising Mobile Reservations & Contactless Check-In/Out. Potential restraints include: Rising Awareness among Hotels & Resorts to Implement Eco-Friendly Measures, Rising Mobile Reservations & Contactless Check-In/Out. Notable trends are: The Increase in Tourist Arrivals and Hotel Occupancy also Results in an Increase in Spending.

The coronavirus (COVID-19) pandemic is causing the hotel industry across the globe to take a hit. In Canada, this can be seen through a year-over-year decrease in the most important key performance indicators in the industry: occupancy, revenue per available room (RevPAR), and average daily rate (ADR). In November 2021, Canadian hotels had an occupancy of **** percent, showing a year-over year decrease of **** percent. Meanwhile, ADR dropped to ****** Canadian dollars, reflecting a decrease of *** percent on the previous year. Lastly, a RevPAR of ***** Canadian dollars showed a year-on-year drop of **** percent.

Before the pandemic, hotels and motels benefited from rising incomes and population growth. However, hotel rooms were left empty when the pandemic shut down tourism, creating long-lasting financial and operational challenges. Long periods at home left consumers with savings and pent-up demand to spend on trips as travel restrictions lifted, leading to a rapid recovery at hotels between 2022 and 2023. Nonetheless, concerns about a recession and inflation partially stifled Canadian consumers' appetite for travel, lowering the full potential of revenue growth. In 2025, the threat of a potential trade war between Canada and the United States could have a negative impact on travel demand overall. Therefore, industry revenue is expected to grow at a CAGR of 13.3% over the past five years, totaling an estimated $30.9 billion in 2025, despite revenue is be expected to fall an expected 1.1%. This significant growth rate reflects the industry's rebound from its historical low in 2020. In the same year, profit is also anticipated to account for 18.4% of revenue. Rising competition is one of the main challenges facing hotels and motels. Short-term rental platforms have become a disruptor to traditional hotel stays. Airbnb has become a popular destination for travelers in Canada looking for unique experiences. However, recent efforts by the Canadian government could lessen Airbnb's influence moving forward. Housing shortages are prompting officials in Montreal and Toronto, two major tourist destinations, to attempt to remove illegal Airbnb units or ban the rental site altogether. At the same time, Canada's foreign home ownership ban, extending until the end of 2024, prohibits non-residents from purchasing residential property for personal use or renting as a vacation home. Hotels and motels will contend with labour supply issues over the next five years as access to temporary low-wage foreign workers become limited and domestic workers demand higher compensation, putting hoteliers in a difficult situation. Therefore, trends accelerated by the pandemic, like hotels' digital transformation, will permanently alter and benefit the industry. Innovation will be critical for hotels to manage operational challenges, strengthen profit and address guests' evolving preferences. Hotels and motels' revenue is expected to expand at a CAGR of 1.1% to $32.6 billion over the five years to 2030.

The size of the Hospitality Industry in Canada market was valued at USD 39.20 Million in 2023 and is projected to reach USD 56.16 Million by 2032, with an expected CAGR of 5.27% during the forecast period. Recent developments include: January 2024 - APA Hotel Canada Inc., a wholly owned subsidiary of Coast Hotels Limited, is one of the fastest-growing hotel brands in North America and one of the largest hotel brands in Canada. Coast Hotels announced the opening of two brand new franchise properties, Eldorado (a Coast Hotel) and Midnight Sun (a Coast Hotel), in the historic and vibrant downtown area of Dawson City, Yukon, Canada., July 2023 - Wyndham Hotels & Resorts, the global leader in hotel franchising with over 9,100 hotels in more than 95 countries, announced the addition of 60 new hotels to its fast-growing extended stay brand Echo Suitssm, including what is set to be the brand's first Canadian hotels.. Key drivers for this market are: Rising Awareness among Hotels & Resorts to Implement Eco-Friendly Measures, Rising Mobile Reservations & Contactless Check-In/Out. Potential restraints include: Lack of Skilled Labour, Reputation Management is One of the Most Important Tasks in the Hospitality industry. Notable trends are: The Increase in Tourist Arrivals and Hotel Occupancy also Results in an Increase in Spending.

Explore the booming Canadian hospitality industry with a market size of USD 39.20 million and a 5.27% CAGR (2025-2033). Discover key drivers, emerging trends like sustainable travel and digital integration, and dominant segments. Key drivers for this market are: Rising Awareness among Hotels & Resorts to Implement Eco-Friendly Measures, Rising Mobile Reservations & Contactless Check-In/Out. Potential restraints include: Lack of Skilled Labour, Reputation Management is One of the Most Important Tasks in the Hospitality industry. Notable trends are: The Increase in Tourist Arrivals and Hotel Occupancy also Results in an Increase in Spending.

Discover the booming Canadian hospitality real estate market! This in-depth analysis reveals market size, growth projections (CAGR >3%), key players (Coast Hotels, IHG, Brookfield), and emerging trends from 2019-2033. Explore investment opportunities and competitive insights in hotels, resorts, and spas. Key drivers for this market are: Increasing need for contemporary office spaces, Urban and semi-urban lodging are acting as other significant growth-inducing factors. Potential restraints include: Availability of Financing. Notable trends are: The Rising Number of Tourists is Making A Way for More Hotel Development Projects.

The market size of the hotel and motel sector in Canada increased by around **** percent from 2022 to 2023. In 2023, the sector reached **** million U.S. dollars, up from the previous year's total of **** million U.S. dollars.

Market Size statistics on the Hotels & Motels industry in Canada

Data includes occupancy rates, average daily rates, and revenue per available room.

The average daily rate (ADR) of hotels in Canada was ****** Canadian dollars as of August 2020.

What is average daily rate?

Average daily rate is a key performance indicator of the hospitality industry. It shows the average room rental price per day in either a specific hotel (independent/chain), or in this case the average room rental price per day of many hotels within Canada. Other useful KPI’s in the lodging industry are the occupancy rate and revenue per available room (RevPAR).

Monthly ADR trends

The monthly ADR of Canadian hotels shows some clear patterns. It often peaks annually in the summer months and shows a dip in the colder months. Typically, the warmer months are high season for most hotels due to factors like longer days and school holidays. Canadian hotel ADR rates have shown annual growth since 2015.

This statistic shows the monthly occupancy rate of hotels in Canada from 2019 to 2020. In August 2020, the occupancy rate of the hotel industry in Canada was **** percent, up from **** percent the previous month.

Focused service hotels in Canada had a cap rate of **** percent in the second quarter of 2024. In comparison, downtown full-service hotels had a cap rate of *** percent.

The total contribution of tourism to Canada's gross domestic product (GDP) varied by industry from 2010 to 2024. The Canadian accommodation industry contributed to over ** billion Canadian dollars to the country's economy in 2024.

Comprehensive dataset containing 11,601 verified Hotel businesses in Canada with complete contact information, ratings, reviews, and location data.

This statistic shows the monthly average revenue per available room of Canadian hotels from 2019 to 2020. In August 2020, the average revenue per available room for the Canadian hotel industry was ***** Canadian dollars.

India IHIS: Percentage of Hotel Guest Arrivals: Five-Star Deluxe: Canada data was reported at 1.700 % in 2018. This records an increase from the previous number of 1.400 % for 2017. India IHIS: Percentage of Hotel Guest Arrivals: Five-Star Deluxe: Canada data is updated yearly, averaging 2.400 % from Mar 2000 (Median) to 2018, with 19 observations. The data reached an all-time high of 3.900 % in 2010 and a record low of 1.400 % in 2017. India IHIS: Percentage of Hotel Guest Arrivals: Five-Star Deluxe: Canada data remains active status in CEIC and is reported by Federation of Hotel & Restaurant Associations of India. The data is categorized under India Premium Database’s Hotel Sector – Table IN.QHB015: Indian Hotel Industry Survey: Percentage of Hotel Guest Arrivals: by Major Countries.

The North American hotels market is booming, with a projected CAGR of 8.5% reaching $40.16 Billion in 2025. Discover key trends, drivers, and restraints shaping this lucrative sector, including insights on major players like Marriott and Hilton. Explore regional breakdowns and future forecasts for the US, Canada, and Mexico. Recent developments include: July 2023: Choice Hotels acquired Radisson Hotel Group Americas. The deal was worth around $675 million, and with this deal, Choice Hotels acquired nine new brands, 624 hotels, and over 67,000 rooms., November 2022: Hyatt Hotel Corporation and Dream Hotel Group reached an agreement whereby Hyatt acquired Dream Hotel Group's lifestyle hotel brand and management platform, including the Dream Hotels, Chatwal Hotels, and Unscripted Hotels brands, with properties in some of the world's most prominent hotel markets across the Americas, Europe, and Asia., October 2022: Marriott International reached an agreement with Hoteles City Express, S.A.B. de C.V., to acquire the highly regarded City Express brand portfolio. The portfolio comprises 152 hotels, including 17,356 rooms across 75 cities in Mexico and three additional countries in Latin America. With this acquisition, Marriott is poised to become the largest hotel company in the Caribbean and Latin America, expanding its presence significantly in secondary and tertiary markets in the region.. Notable trends are: North America Dominates the Luxury Hotel Segment Globally.

Comprehensive dataset containing 2,080 verified Resort hotel businesses in Canada with complete contact information, ratings, reviews, and location data.