Hotel rates set to rise moderately in 2027


Toronto has the lowest forecast of hotel rate increases among the five Canadian cities, with rates expected to rise between 0.5 per cent and 1.9 per cent in 2027, a significant change from recent forecasts of 5.8 per cent in 2026, 3.1 per cent for 2025 and 6.7 per cent for 2024.



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