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Montreal · Economy

Montreal hotel occupancy rises for sixth straight month on conventions, events

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Montreal hotels posted six straight months of rising occupancy in 2026; 144 conventions between May and September brought over 50,000 delegates in June–July alone.

Why it matters

Montreal's hotel market recorded six consecutive months of rising occupancy in 2026, a trend driven by strong event activity, the return of international visitors and robust tourism demand, according to Tourism Express citing CoStar data published on October 7.

Full report

The city hosted 144 conventions between May and September, including 70 groups totalling more than 50,000 delegates in June and July alone. The move of the Canadian Grand Prix to May also boosted hotel performance and freed up room availability for June's conventions.

CoStar's August data backs the trend: Montreal occupancy reached 85.6% (up 6.4 percentage points, the largest increase among major markets), with an average daily rate of $273.21 (up 7.4%) and revenue per available room of $233.96 (up 14.3%).

Background

Industry professionals remain optimistic for the autumn, with already-high occupancy in October and encouraging bookings for November. The business, conventions and events segments are expected to keep supporting demand through the winter as Montreal works to attract off-season visitors.

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