Calgary’s Hotel Sector Leads Canada in Growth—RevPAR Up 50%

Calgary’s hospitality sector just posted Canada’s strongest year-over-year growth in hotel performance, according to June 2025 data from CoStar. While Vancouver maintained the highest room rates and occupancy, Calgary led the nation in momentum—boosted by business travel, events, and tourism demand.

Key June 2025 stats for Calgary:

• Occupancy: 85.5% (+12.2% YoY)

• Average Daily Rate: $248.77 (+33.8% YoY)

• RevPAR: $212.65 (+50.1% YoY)

  
  

That RevPAR growth outpaces all major metros, surpassing Toronto ($223.73), Montreal ($225.15), and even Vancouver ($291.92), which saw nearly flat year-over-year changes.

As Calgary ramps up downtown investment—including the expanded BMO Centre, new Event Centre, and future tourism-oriented development—its hotel market is emerging as Canada’s most dynamic, with fundamentals that increasingly support new construction and repositioning plays.

Source: Western Investor, “Vancouver hotels remain priciest among major Canadian centres,” July 31, 2025. https://www.westerninvestor.com/hospitality-marketing-tourism/vancouver-hotels-remain-priciest-among-major-canadian-centres-10989213

Connect with ClearView: Curious how Calgary’s hotel momentum is influencing mixed-use design, land values, or tenant targeting in tourism corridors? Let’s talk: info@cvpartners.ca

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