There are 6,489 Hotels & Motels businesses as of 2022, an increase of 0.2% from 2021. Has the number of Hotels & Motels businesses grown or declined over the past 5 years? The number of businesses in the Hotels & Motels industry in Canada has grown 0.2% per year on average over the five years between 2017 - 2022.

As of early 2026, there are approximately 8,200 to 8,500 hotel properties across Canada, ranging from massive luxury towers in Toronto and Vancouver to boutique lodges in the Rockies. This number has seen a slight increase following the 2025 development boom, which added several extended-stay and "wellness-focused" brands like Wyndham's Echo Suites. The industry is currently dominated by major players such as Hilton Worldwide (holding a 29% market share) and Hyatt Hotels. Despite the high number of properties, the Canadian hospitality sector in 2026 is grappling with high operating costs and labor shortages, leading many independent hotels to consolidate under larger chain banners to maintain profitability. The total market size for Canadian hospitality is projected to reach roughly $46 million (USD) in revenue by the end of this year.