Metro Vancouver in June continued to have the priciest and most occupied hotel rooms among major Canadian centres.
New data from CoStar, a global provider of real estate data, analytics and news, holds that Metro Vancouver hotel rooms in June were occupied an average 86.9 per cent of the time. That is up from the city’s 83.8 per cent occupancy rate last June, which was also the highest among major Canadian centres.
Metro Vancouver’s high occupancy rate in June compares with Calgary’s 85.5 per cent rate, Toronto’s 83 per cent rate and Ottawa’s 77.6 per cent rate.
Other centres’ average occupancy rate were below that, with Montreal notching a 73.5 per cent
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