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flag Vancouver led Canada's hotel markets in 2024 with high occupancy and revenue, despite economic challenges.

flag In 2024, Vancouver topped Canada's hotel markets with the highest occupancy at 78.2%, average daily rate of $285.21, and revenue per available room of $223.09. flag Despite economic challenges, the Canadian hotel sector saw a 46% increase in transactions to nearly $1.3 billion, surpassing 2019 levels. flag Avison Young predicts stable performance with moderate growth in 2025, despite potential economic disruptions.

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