Average Daily Rate Construction Forecasting 
Hotelier Magazine
FEBRUARY 10, 2025
Growth was largely driven by higher Average Daily Rates (ADR), which outpaced inflation. Outlook for 2025 includes new supply and shifting demand trends The Canadian hotel sector is expected to experience moderate expansion in 2025, though occupancy rates may decline slightly due to an increase in new hotel inventory.
Hotelier Magazine
FEBRUARY 27, 2025
Canadas hotel industry reported positive performance year-over-year, driven by growth in room rates, according to January data from CoStar. per cent) Average Daily Rate (ADR): $180.04 (up 2.7 CoStar and Tourism Economics most recent forecast for 2025 projects RevPAR growth of two per cent, with a 1.8-per-cent
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Hotel Speak
OCTOBER 3, 2024
While occupancy remains impressive, it’s ADR (Average Daily Rate) that’s driving the real growth story here. STR forecasting also shows steady occupancy growth (+1-2% annually) and ADR growth (+3-4) for 2025 and 2026, indicating a positive outlook for our industry.
SiteMinder
JULY 13, 2024
Without it, your business is essentially forfeiting the ability to boost bookings, revenue and profit, offer competitive rates and promotions, and forecast effectively. This involves a thorough examination of competitors’ offerings, rates, amenities, and even guest reviews. Revenue management strategy 3.
Hotel Business
AUGUST 11, 2023
This is according to the 2024 Global Business Travel Forecast , released by CWT and the Global Business Travel Association (GBTA). Rising fuel prices, labor shortages and supply chain challenges, coupled with red hot demand, caused travel prices to skyrocket in 2022—far surpassing some of the increases outlined in last year’s forecast.
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