How do hotel prices in Toronto (ON) change by month?
Of the 4 months measured in Toronto (ON), December 2026 has the lowest median asking price, $178 a night, and October 2026 the highest, $213: 20% more (latest scan 25 October 2026). Nights measured: 114, read between 23 September 2026 and 25 October 2026.
Measured by Bed&Market (bedandmarket.com) from 208 places checked, read 25 October 2026 18:12 UTC.
Updated
Median asking price, month by month
Across the 4 months measured in Toronto (ON), the monthly median asking price runs from $178 to $213 a night, over 114 measured nights.
| Month | Median asking price | Middle half (p25–p75) | Nights measured | Priciest night | Read |
|---|---|---|---|---|---|
| October 2026 | $213 | $122–$332 | 31 | 3 October 2026: $275 | 23 September 2026 – 25 October 2026 |
| November 2026 | $187 | $117–$274 | 30 | 7 November 2026: $224 | 25 October 2026 |
| December 2026 | $178 | $126–$258 | 31 | 31 December 2026: $224 | 25 October 2026 |
| January 2027 | $179 | $126–$256 | 22 | 1 January 2027: $209 | 25 October 2026 |
- Each month shows what places asked on the days in its Read column; a month already past was read before its nights, so months read at different times are compared as read.
A month's figure is the median of its nightly medians, and a night's the median asking price for one night. A month is listed once it has at least 15 measured nights, each with at least 30 places showing a price.
Cheapest to priciest month
The median asking price in Toronto (ON) is $213 a night in the priciest month (October 2026) against $178 in the cheapest (December 2026): a gap of $35, or +20%.
| Month | Median asking price | Against the cheapest month | Nights measured |
|---|---|---|---|
| December 2026 | $178 | 0% | 31 |
| January 2027 | $179 | 0% | 22 |
| November 2026 | $187 | +5% | 30 |
| October 2026 | $213 | +20% | 31 |
Friday and Saturday against Monday to Thursday, by month
Across the 4 months measured in Toronto (ON) with at least 3 nights on each side, Friday and Saturday nights asked from +8% to +22% against Monday to Thursday.
| Month | Friday + Saturday | Monday – Thursday | Difference | Nights measured (Fri+Sat / Mon–Thu) |
|---|---|---|---|---|
| October 2026 | $248 | $204 | +22% | 10 / 17 |
| November 2026 | $214 | $182 | +18% | 8 / 17 |
| December 2026 | $190 | $176 | +8% | 8 / 19 |
| January 2027 | $192 | $174 | +10% | 7 / 12 |
Each side is the median of its nightly medians; Sunday nights sit in neither group. A month with fewer than 3 nights on either side is left out.
Hotels against B&Bs, guesthouses and apartments, by month
Across the 3 months measured in Toronto (ON) with hotels and homes both read, the whole market asked a median from $158 to $195 a night.
| Month | Hotels & hostels | B&Bs, guesthouses & apartments | Whole market | Places a night (hotels + homes) | Nights measured |
|---|---|---|---|---|---|
| October 2026 | $213 | $143 | $195 | 191 + 93 | 31 |
| November 2026 | $187 | $139 | $165 | 192 + 95 | 30 |
| December 2026 | $178 | $134 | $158 | 190 + 95 | 30 |
Medians per night. The whole market pools every price both halves showed that night; a night counts only when both were read, and a month only with enough such nights.
Places with no price, by month
Across the 4 months measured in Toronto (ON), the median night had from 7% to 8% of checked places showing no price (sold out or closed).
| Month | No price, median night | Highest night | Places checked a night (median) |
|---|---|---|---|
| October 2026 | 7% | 2 October 2026: 11% | 207 |
| November 2026 | 8% | 21 November 2026: 10% | 208 |
| December 2026 | 8% | 30 December 2026: 11% | 207 |
| January 2027 | 8% | 9 January 2027: 10% | 208 |
Counted place by place: a checked place with no price that night is sold out or closed. A month already past shows what had no price when it was read.
Event nights, by month
Months with published events in Toronto (ON): 2 of the 4 measured (events in all: 3); the highest night against comparable nights was 31 December 2026 (Toronto Light Festival), +17%.
| Month | Events | Highest night | Event | Median that night | Against comparable nights |
|---|---|---|---|---|---|
| December 2026 | 2 | 31 December 2026 | Toronto Light Festival | $224 | +17% |
| January 2027 | 1 | 1 January 2027 | New Year's Day | $209 | +12% |
Each percentage compares that night's median with measured nights of the same kind (weekday or weekend) within a week either side. It describes the night; it does not say the event moved the price.
What was measured
Nights measured in Toronto (ON): 114 in 4 months, from 1 October 2026 to 22 January 2027; each with at least 30 places showing a price.
- Up to 208 places checked per night; a place with no price that night (sold out or closed) is counted but carries no price.
- Prices in USD, as shown on the day each night was read, between 23 September 2026 and 25 October 2026.
- A month is listed once it has at least 15 measured nights; nights priced in another currency are left out.
- Asking prices seen while searching for one night: not prices paid, and not a forecast.
Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →