Montreal Hospitality Market Report

Montreal’s hotel sector encountered a difficult year. A banner year of hotel completions put downward pressure on occupancy across several submarkets in 2025, particularly near the Montreal Trudeau Airport corridor. At the same time, tariff-related pressures and weaker cross-border travel demand also weighed on performance, given Montreal’s role as a major port city. As a result, Montreal underperformed most major Canadian hotel markets over the past four quarters, with RevPAR declining even as many regions continued to post gains.