Monthly accommodation statistics are gathered to monitor trends in the industry. To participate in the program please contact RTO 9.
CBRE Hotels prepares annual industry outlooks for the Canadian accommodation industry. This release details CBRE's 5-year national outlook, an updated 2024 forecast, and the 2025 outlook for 13 Canadian major markets and the provinces.
Canadian hotel construction activity is set to reach its highest level since 2019, according to CBRE’s Canadian Hotel Industry Outlook. This year will see 6,500 new rooms come online across Canada, representing 1.4% growth in the national hotel supply. This comes after five years of stunted hotel construction, during which roughly two years’ worth of supply was delivered. Last year fewer than 3,000 new rooms were added to the national hotel inventory, or 0.6% growth.