Across Canada, YTD September 2025 results indicate continued strength in the national accommodation market. Supply growth remains limited, increasing by 0.5%, while demand has outpaced supply, which grew by 1.3%. Strong ADR growth has led to an increase in RevPAR of 4.7% over the first three quarters of the year.
In the third quarter of 2025, overall demand grew by 2.5%. ADR increased by 5%, resulting in overall RevPAR growth of 7% compared to the same quarter last year. This performance reflects strong occupancy and rate growth across most major markets during the peak summer months between July and September.
