Monthly accommodation statistics are gathered to monitor trends in the industry. To participate in the program please contact RTO 9.
CBRE Hotels has released the 2023 Outlook for the Canadian accommodation market. This report details the year-end 2022 performance and an updated 2023 forecast for the provinces and 13 Canadian major markets.
The CBRE Hotels’ “Trends in the Hotel Industry National Market Report” is formed using the aggregated results of occupancy statistics, average daily rates and room revenue per available room from participating properties. On a monthly basis, CBRE Hotels obtains and monitors the occupancy, average daily rate and revenue per available room of 1,900 properties representing almost 60% of the Canadian industry’s 395,000 rooms.
There are 45 accommodations that take part in this program in RTO9.