The average room rate for Canadian hotels rose three per cent last year, according to the latest Hotel Price Index (HPI). 

“The HPI has tracked four years of solid progress since hotel prices declined in 2008,” said Neha Parikh, VP and GM, North America. “This steady growth is a good sign for the Canadian travel industry.”

With the Canadian dollar reaching a three-year low by the end of 2013, U.S. travellers took the opportunity to visit and explore Canada. This trend propelled Toronto to third place on HPI’s “Most Popular International City for Americans” list, surpassing Rome for the first time since 2010.

Cultural hubs Toronto, Montreal and Vancouver stood as the top Canadian destination cities among both domestic and international travellers, as with previous HPIs.

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