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Airbnb said Canadian hosts collected more than $280 million from long-term stays in the first three months of 2022
To the surprise of no one who has searched online for a Whistler rental, either long-term or short-term, over the past few years, Airbnb has named the resort among the nation’s most profitable destinations for vacation rental hosts.
Whistler topped the list of five Canadian communities where Airbnb hosts benefit the most from welcoming long-term guests to stay in their rental units, the company said in a news release about the top US destinations for “digital nomads” and remote workers. . Airbnb defines “long-term rentals” as any stay lasting 28 days or more.
Whistler was followed on this list by the ski resort of Vancouver, Quebec, Mont-Tremblant, Toronto and (somewhat more surprisingly) Kitchener, Ont.
The ranking was based on average host income reported in the first quarter (Q1) of 2022, according to Airbnb.
“The trend of living and working from anywhere is an opportunity not only for digital nomads, but also for current and future hosts who have the space to share with them,” the company explained in the note.
According to vacation rental data analytics site AirDNA MarketMinder, the average daily rate for private vacation rental reservations in Whistler is $343 CAD. The average monthly income earned by Whistler hosts over the past 12 months is estimated to be $4,400. The site claims that 34 percent of vacation rentals in Whistler are listed only on Airbnb, while 15 percent are listed only on VRBO and 51 percent are listed on both.
Airbnb said hosts in Canada collected more than $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, most affordable, best-equipped and most hospitable destinations for extended stays from coast to coast.
The most popular
The following destinations had the most trips booked for extended stays 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 extended stays in destinations that had 1,000 or more extended stay nights booked in the first quarter of 2022, Airbnb named the following communities as the most affordable in Canada by to their “nomadic” guests.
- Three-Rivers, Que. ($35.6 per night)
- Medicine Hat, Alta. ($41.3 per night)
- Gatineau, Que. ($44.5 USD per night)
- Thorold, Ontario. ($46.9 per night)
- Quebec City, Que. ($48 USD per night)
Better equipped
Airbnb said it compiled this list of destinations with “the highest share of long-term stay-ready listings,” based on communities with at least 1,000 active listings as of the first quarter of 2022.
- Toronto, Ontario.
- Vancouver, BC
- Edmonton, Alta.
- Gatineau, Que.
- Victoria, BC
The most hospitable
Airbnb 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%)