Whistler named one of the most profitable cities for Airbnb hosts

Airbnb said Canadian hosts raised more than US$280 million from long-term stays over the past year

In a surprise to absolutely no one who has searched online for a rental in Whistler – whether long-term or short-term – for the past few years, Airbnb has named the resort one of the country’s most profitable destinations for vacationers. vacation location.

Whistler was at the top of a list of five Canadian communities where Airbnb hosts would benefit the most from hosting long-term guests in their rental homes, the company said. in a press release on top North American destinations for “digital nomads” and remote workers. Airbnb defines “long-term rentals” as any stay of 28 days or more.

Whistler was followed on this list by Vancouver, Mont-Tremblant Ski Resort, Toronto and (slightly more surprisingly) Kitchener, Ont.

The ranking was based on median host earnings reported in the first quarter (Q1) of 2022, according to Airbnb.

“The trend to live and work from anywhere is an opportunity not only for digital nomads, but also for current and potential hosts who have the space to share with them,” the company explained in the statement.

According to vacation rental data analytics site AirDNA MarketMinder, the average daily rate for private vacation rental bookings in Whistler is $343 CAD. He estimates the median monthly income earned by Whistler hosts over the past 12 months at $4,400. The site claims that 34% of vacation rentals in Whistler are only listed on Airbnb, while 15% are only listed on VRBO and 51% are listed on both.

Airbnb said hosts in Canada raised more than US$280 million from long-term stays from the first quarter of 2021 to the first quarter of 2022.

In the same release, Airbnb also identified the most popular, affordable, best-equipped, and most hospitable destinations for extended stays coast-to-coast.

The most popular

The following destinations saw the most long-term stays booked in Canada in the first three months of the year, according to Airbnb.

  • Toronto, Ontario,
  • Montreal, Que.
  • Vancouver, BC
  • Calgary, Alta.
  • Victoria, BC

The most affordable

Determined by studying the average price per night for long-term stays in destinations that had at least 1,000 long-stay nights booked in the first quarter of 2022, Airbnb has named the following communities as the most affordable in Canada for its nomadic customers.

  • Trois-Rivi√®res, Que. ($35.6 per night)
  • Medicine Hat, Alta. ($41.3 per night)
  • Gatineau, Que. ($44.5 per night)
  • Thorold, Ont. ($46.9 per night)
  • Quebec, Que. ($48 per night)

The best equipped

Airbnb said it compiled this list of destinations with “the highest share of long-stay ready listings,” based on communities with at least 1,000 active listings in the first quarter of 2022.

  • Toronto, Ont.
  • Vancouver, BC
  • Edmonton, Alta.
  • Gatineau, Que.
  • Victoria, BC

The most hospitable

Airbnb has identified the following Canadian cities as having the highest percentages of five-star reviews for extended stays.

  • Halifax, NS (92.6%)
  • Winnipeg, Man. (87.7%)
  • Nanaimo, BC (87.1%)
  • Surrey, BC (86.1%)
  • Kelowna, BC (86.1%)

The caption of an earlier version of this story incorrectly stated that Canadian Airbnb hosts reported US$280 in revenue in the first quarter of 2022. In fact, that revenue was generated between the first quarter of 2021 and the first quarter of 2022.

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