Overview
- Canada recorded a third consecutive year-over-year rise in March 2026, with occupancy at 60.6%, average daily rate at CAD198.37, and revenue per available room at CAD120.12, according to CoStar.
- Newfoundland and Labrador led the provinces after the Labrador Winter Games lifted demand, and Vancouver posted the largest gains among major markets.
- In the United States, the week ending April 18 showed broad gains helped by Easter timing, with occupancy at 66.5%, ADR at $167.00, and RevPAR at $111.14.
- Washington, D.C. led U.S. top markets in rate and revenue growth, while Atlanta and Chicago recorded the biggest jumps in occupancy.
- The latest results build on Canada’s record 2025, when occupancy reached 66% and ADR and RevPAR hit CAD216 and CAD143, as investors restarted projects but high costs kept new supply in check.