Hospitality Industry in Canada Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Canada Hospitality Industry Report is Segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, And Luxury Hotels). The Report Offers Market Size and Forecast for the Canada Hospitality Market in Value (USD Billion) for all the Above Segments.

Hospitality Industry in Canada Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Canada Hospitality Market Size

Canada Hospitality Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 41.27 Billion
Market Size (2030) USD 53.35 Billion
CAGR (2025 - 2030) 5.27 %
Market Concentration Low

Major Players

Canada Hospitality Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Hospitality Industry In Canada with other markets in Hospitality and Tourism Industry

Travel and Tourism

Hospitality

Canada Hospitality Market Analysis

The Hospitality Industry In Canada Market 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’s 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 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 market. 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 market share in the brand segment in Canada. Some of the major players dominating the market are Wyndham Hotel Group LLC, Choice Hotels International Inc., Best Western International Inc., Coast Hotels Limited, and Marriott International Inc.

Canada Hospitality Market Leaders

  1. Wyndham Hotel Group LLC

  2. Choice Hotels International Inc

  3. Best Western International Inc

  4. Coast Hotels Limited

  5. Marriott International Inc

  6. *Disclaimer: Major Players sorted in no particular order
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Canada Hospitality Market 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 Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS AND DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Awareness among Hotels & Resorts to Implement Eco-Friendly Measures
    • 4.2.2 Rising Mobile Reservations & Contactless Check-In/Out
  • 4.3 Market Restraints
    • 4.3.1 Lack of Skilled Labour
    • 4.3.2 Reputation Management is One of the Most Important Tasks in the Hospitality industry
  • 4.4 Market Opportunities
    • 4.4.1 Health and Wellness Tourism will Become Increasing Popular in the Hospitality Industry
    • 4.4.2 Increase in the Number of Airport Construction Projects
  • 4.5 Value Chain Analysis
  • 4.6 Porter's Five Forces Analysis
  • 4.7 Porter's Five Force Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers/Consumers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitute Products
    • 4.7.5 Intensity of Competitive Rivalry

5. Investments (Real Estate, FDI, and Others) in the Hospitality Industry

6. Technological Innovations in the Hospitality Industry

7. Insights into the Impact of Shared Living Spaces on the Hospitality Industry

8. Impact of Covid-19 on the Market

9. MARKET SEGMENTATION

  • 9.1 By Type
    • 9.1.1 Chain Hotels
    • 9.1.2 Independent Hotels
  • 9.2 By Segment
    • 9.2.1 Service Apartments
    • 9.2.2 Budget and Economy Hotels
    • 9.2.3 Mid and Upper Mid-scale Hotels
    • 9.2.4 Luxury Hotels

10. COMPETITIVE INTELLIGENCE

  • 10.1 Market Concentration Overview
  • 10.2 Company Profiles
    • 10.2.1 Wyndham Hotel Group LLC
    • 10.2.2 Choice Hotels International Inc.
    • 10.2.3 Best Western International Inc.
    • 10.2.4 Coast Hotels Limited
    • 10.2.5 Mariott International Inc.
    • 10.2.6 Hilton Worldwide Holdings Inc.
    • 10.2.7 Intercontinental Hotels Group
    • 10.2.8 Accor SA
    • 10.2.9 Hyatt Hotels Corporation
    • 10.2.10 The Sandman Group*
  • *List Not Exhaustive

11. MARKET OPPORTUNITIES AND FUTURE TRENDS

12. DISCLAIMER AND ABOUT US

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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 market is segmented into chain hotels and independent hotels. By segment, the market is segmented into service apartments, budget and economy hotels, mid and upper-mid-scale hotels, and luxury hotels. The report offers a forecast and market 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 Market Research FAQs

How big is the Hospitality Industry In Canada Market?

The Hospitality Industry In Canada Market 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 Market size?

In 2025, the Hospitality Industry In Canada Market size is expected to reach USD 41.27 billion.

Who are the key players in Hospitality Industry In Canada Market?

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 Market.

What years does this Hospitality Industry In Canada Market cover, and what was the market size in 2024?

In 2024, the Hospitality Industry In Canada Market size was estimated at USD 39.10 billion. The report covers the Hospitality Industry In Canada Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Hospitality Industry In Canada Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Hospitality in Canada Industry Report

Statistics for the 2025 Hospitality Industry In Canada market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hospitality Industry In Canada analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Hospitality in Canada Market Report Snapshots