Metro Vancouver hotel rooms in February were on average more expensive and more filled than those in any other major market in Canada, according to CoStar, a global provider of real estate data, analytics and news.
Vancouver’s metropolitan region saw a 73.5-per-cent hotel-occupancy rate, down from 74.6 per cent in February 2023. That rate was good enough to beat out hotel-occupancy rates that were 66.9 per cent in the Greater Toronto Area (GTA), 62.5 per cent in Ottawa-Gatineau and 57.8 per cent in Montreal.
The average $213.37 price tag for a Metro Vancouver hotel room in February was also the highest among Canada’s major markets, CoStar data show. That price
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