| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| 乐鱼体育官网 Size (2025) | USD 41.27 Billion |
| 乐鱼体育官网 Size (2030) | USD 53.35 Billion |
| CAGR (2025 - 2030) | 5.27 % |
| 乐鱼体育官网 Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Canada Hospitality 乐鱼体育官网 Analysis
The Hospitality Industry In Canada 乐鱼体育官网 size is estimated at USD 41.27 billion in 2025, and is expected to reach USD 53.35 billion by 2030, at a CAGR of 5.27% during the forecast period (2025-2030).
The demand for adventure and outdoor activities is on the rise, particularly in Canada鈥檚 top outdoor destinations, such as Banff, Whistler, Toronto, and Vancouver. The city centers are also seeing an increase in international visitors. Adventure tourism in Canada is growing due to several factors. For example, the Canadian government has invested heavily in the tourism sector, making Canada a top destination for adventure tourism. This investment has resulted in better infrastructure and facilities for tourists to enjoy their trips. More people are using social media and sharing their travel experiences. As more people share their experiences and showcase the beauty of Canada, more people are inspired to travel to the country and experience it themselves.
As Canadians become more confident in their travel choices, they also look to make up for missed gatherings and vacations. Domestic travel is booming, and it is expected to stay strong into the coming future.
Canada Hospitality 乐鱼体育官网 Trends
The Increase in Tourist Arrivals and Hotel Occupancy also Results in an Increase in Spending
Canada's tourism industry significantly contributes to the country's overall economic growth. The sector, which encompasses hospitality services and travel to Canada and beyond, employs hundreds of thousands and is supported by governments nationwide.
The tourism industry in Canada is one of the most significant contributors to Canada's economic development. This sector includes hospitality and travel to and from Canada and is one of Canada's largest economic sectors. Spending on tourism in the first quarter of the current year was 106% higher than spending in the first three months of the pre-pandemic era when adjusted for inflation, compared to the same period last year.
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The Number of Hotel Construction Projects is on the Rise
The robust recovery in the hospitality sector has piqued the interest of investors anticipating continued income growth in the near- to mid-term. The escalation in land and construction costs has also entered the calculus for investors who see existing assets as relative bargains compared to building new hotels. New hotel construction projects were announced across Canada this year, which will bring in more new rooms and lower rates.
The Canadian tourism and hospitality industry experienced a surge in domestic and international tourism, which further accelerated the rising number of hotel construction projects. While larger groups have been slow to come back, smaller group meetings and leisure activities are on the rise in cities and tourist hot spots. As bookings and occupancy numbers in these 乐鱼体育官网s have risen, so has developer and investor interest.
The province of Ontario remains at the top of the pipeline with an all-time high, followed by British Columbia, Quebec, and Alberta. Together, these provinces account for 59% and 60% of Canada's total pipeline.
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Canada Hospitality Industry Overview
The hospitality industry in Canada is fragmented. The hospitality sector in Canada is made up of independent hotels as well as branded hotels. The international brands account for the majority of the 乐鱼体育官网. The largest hotel operator in Canada is Wyndham Worldwide, which has the largest portfolio of chain brands in the country. Choice Hotels Canada has a diversified portfolio of brands, while Best Western International offers a variety of brands. Coast Hotels has the largest 乐鱼体育官网 share in the brand segment in Canada. Some of the major players dominating the 乐鱼体育官网 are Wyndham Hotel Group LLC, Choice Hotels International Inc., Best Western International Inc., Coast Hotels Limited, and Marriott International Inc.
Canada Hospitality 乐鱼体育官网 Leaders
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Wyndham Hotel Group LLC
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Choice Hotels International Inc
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Best Western International Inc
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Coast Hotels Limited
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Marriott International Inc
- *Disclaimer: Major Players sorted in no particular order
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Canada Hospitality 乐鱼体育官网 News
- January 2024 - APA Hotel Canada Inc., a wholly owned subsidiary of Coast Hotels Limited, is one of the fastest-growing hotel brands in North America and one of the largest hotel brands in Canada. Coast Hotels announced the opening of two brand new franchise properties, Eldorado (a Coast Hotel) and Midnight Sun (a Coast Hotel), in the historic and vibrant downtown area of Dawson City, Yukon, Canada.
- July 2023 - Wyndham Hotels & Resorts, the global leader in hotel franchising with over 9,100 hotels in more than 95 countries, announced the addition of 60 new hotels to its fast-growing extended stay brand Echo Suitssm, including what is set to be the brand's first Canadian hotels.
Canada Hospitality Industry Segmentation
The hospitality industry comprises services such as lodging, food and drinks service, event planning, theme parks, travel, and tourism. It also covers hotels, tourism agencies, restaurants, and bars. The hospitality industry in Canada is segmented by type and segment. By type, the 乐鱼体育官网 is segmented into chain hotels and independent hotels. By segment, the 乐鱼体育官网 is segmented into service apartments, budget and economy hotels, mid and upper-mid-scale hotels, and luxury hotels. The report offers a forecast and 乐鱼体育官网 size for the Canadian hospitality industry in value (USD billion) for all the above segments.
| By Type | Chain Hotels |
| Independent Hotels | |
| By Segment | Service Apartments |
| Budget and Economy Hotels | |
| Mid and Upper Mid-scale Hotels | |
| Luxury Hotels |
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Canada Hospitality 乐鱼体育官网 Research FAQs
How big is the Hospitality Industry In Canada 乐鱼体育官网?
The Hospitality Industry In Canada 乐鱼体育官网 size is expected to reach USD 41.27 billion in 2025 and grow at a CAGR of 5.27% to reach USD 53.35 billion by 2030.
What is the current Hospitality Industry In Canada 乐鱼体育官网 size?
In 2025, the Hospitality Industry In Canada 乐鱼体育官网 size is expected to reach USD 41.27 billion.
Who are the key players in Hospitality Industry In Canada 乐鱼体育官网?
Wyndham Hotel Group LLC, Choice Hotels International Inc, Best Western International Inc, Coast Hotels Limited and Marriott International Inc are the major companies operating in the Hospitality Industry In Canada 乐鱼体育官网.
What years does this Hospitality Industry In Canada 乐鱼体育官网 cover, and what was the 乐鱼体育官网 size in 2024?
In 2024, the Hospitality Industry In Canada 乐鱼体育官网 size was estimated at USD 39.10 billion. The report covers the Hospitality Industry In Canada 乐鱼体育官网 historical 乐鱼体育官网 size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Hospitality Industry In Canada 乐鱼体育官网 size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Hospitality in Canada Industry Report
Statistics for the 2025 Hospitality Industry In Canada 乐鱼体育官网 share, size and revenue growth rate, created by Mordor Intelligence鈩� Industry Reports. Hospitality Industry In Canada analysis includes a 乐鱼体育官网 forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
