Calgary Hospitality Market Report

Hospitality sector on a path to normalization in 2026. Calgary’s hotel market rebounded over the first four months of 2026 on a year-over-year basis, driven largely by a weak comparison period, when escalating trade tensions with the United States weighed on travel demand in early 2025. This base effect is expected to reverse in the second half of the year as demand normalizes following the unwinding of pent-up travel that peaked late last year. As a result, first-half occupancy gains are likely to be offset by softer performance in the latter half, with full-year occupancy projected to edge slightly lower as the market absorbs last year’s 2 per cent expansion in room inventory. Despite this moderation, RevPAR is expected to post modest growth, supported by an average daily rate increase broadly in line with inflation.