Overview

• Canada’s July occupancy reached 77.6%, the highest since August 2019, with ADR at CAD248.50 and RevPAR at CAD192.75, all up year over year.
• Manitoba led provincial gains with occupancy up 14.8% to 80.9%, ADR up 14.5% to CAD180.01, and RevPAR up 31.5% to CAD145.71.
• Quebec was the only province with an occupancy decline, down 1.2% to 75.7%, though ADR and RevPAR still increased.
• Toronto bookings show event-driven strength, with Oasis concert nights at 75.1% and 68.4% and early TIFF nights nearly 20% higher than last year.
• For the U.S. week ending August 16, occupancy slipped 0.9% to 66.3%, ADR rose 0.4% to $157.51, and RevPAR eased 0.5% to $104.50, with Seattle outperforming and Houston normalizing lower after last year’s storm-related surge.