Newfoundland and Labrador recorded the largest gains among provinces and territories.
Halifax, Canada — March 15, 2026
In short: Canada’s hotel industry reported its third consecutive month of year-over-year performance growth in March 2026.
CoStar data reveals: National hotel occupancy reached 60.6%, up 1.9% from March 2025. The average daily rate (ADR) rose 5.8% to CAD198.37, and revenue per available room (RevPAR) increased 7.9% to CAD123.57. According to Hospitality Trends, this marks the industry’s third consecutive month of growth, signaling sustained recovery post-pandemic.
TMCs managing Canadian accounts should note the sustained occupancy and revenue growth, indicating strong demand for hotel inventory. This trend suggests opportunities for negotiating better rates with Canadian hoteliers and potentially increasing bookings for North American itineraries. The data reflects a stable market with no immediate red flags, but travel professionals should monitor occupancy trends closely as the year progresses.
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