COMPETITIVE INVESTMENT ENVIRONMENT
Removing barriers to hotel renovations and new construction.
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Hotels are an economic driver across the country, contributing $32 billion annually to the economy, $13 billion annually to government revenue, and employing 320,000 Canadians. Hotels are anchor assets for Canada’s tourism infrastructure, ensuring the tourism economy can meet demand.
These long-term capital investments contribute directly to Canada’s core economic priorities: productivity, export diversification, and long‑term growth.
Canada’s hotel industry
Map showing hotel establishments.
Source: CBRE Hotels, Canada’s Hotel Industry 2025 Business Intelligence Report, updated May 2026. Economic-impact estimates are based on 2024 operating results.
Tourism & Canada’s economy
Domestic and international tourism revenue, compared with selected industries · CAD billions
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| Industry | Revenue (CAD) |
|---|---|
| Tourism (domestic & international) | $124.4B |
| Hotel industry — included within tourism (2023) | $29.9B |
| Aluminum | $16.9B |
| Steel | $15.0B |
| Forestry & logging | $11.7B |
| Fish & seafood | $7.6B |
Sources listed in the supplied graphic: Destination Canada & Tourism Economics — The Value of Travel & Tourism in Canada; CBRE & HAC — Canada’s Hotel Industry: Business Intelligence Report; Canadian Steel Producers Association; Government of Canada — Aluminum Facts; Statistics Canada — Logging, 2023; Government of Canada — Canada’s Fish and Seafood Trade in 2023. Reporting years and revenue definitions vary across the source series. Hotel revenue includes rooms, food & beverage, and event space.
2025 export revenue · CAD billions
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| Industry | Revenue (CAD) |
|---|---|
| Tourism | $34.9B |
| Forestry products | $34.6B |
| Aircraft & spacecraft | $28.2B |
| Aluminum | $15.6B |
| Fish & seafood | $8.5B |
Sources: Tourism — Destination Canada; Forestry products — Forest Products Association of Canada; Aircraft & spacecraft — Aerospace Industries Association of Canada; Aluminum — Natural Resources Canada; Fish & seafood — Fisheries and Oceans Canada.
Removing barriers to hotel renovations and new construction.
Learn moreRegaining Canada’s share of international travel.
Learn moreFilling the workforce gaps our domestic labour market can’t.
Learn moreFor more information on Hotels Canada’s policy recommendations and advocacy priorities, please contact us.