Several BC cities named most popular and profitable Airbnb destinations

Jul 28 2022, 5:24 pm

Vancouver, Whistler and several other BC cities lead all of Canada when it comes the best places to stay and make money using Airbnb.

While many people use Airbnb as a spot to relax on a vacation, many also use Airbnb for remote work while travelling.

Vancouver, Surrey, Whistler, Kelowna, Nanaimo and Victoria all earned a place in a recent news release from Airbnb that looked at a variety of metrics that focused on the best spots in Canada and the USA.

Top earning cities for long-term stays

When it comes to how much money one can earn with a listing on Airbnb, Vancouver and Whistler are the top two Canadian cities, followed by Mont-Tremblant, Toronto and Kitchener.

Airbnb suggests that earnings from hosting helps support families across Canada due to the rising cost of living.

Between Q1 2021 and Q1 2022, “hosts in Canada earned more than $280 million from long-term stays.”

Best equipped cities

When it comes to which cities were best equipped for long-term stays, Toronto and Vancouver led all Canadian cities. Victoria also made the list, following Edmonton and Gatineau.

Best equipped basically means the cities which have at least 1,000 active listings as of Q1 2022.

Most hospitable

When trying to figure out which cities were the most hospitable, Airbnb looked at which locales had the highest percentages of five-star reviews for long-term stays.

Halifax (92.6%) and Winnipeg (87.7%) led the pack, followed by Nanaimo (87.1%), Surrey (86.1%) and Kelowna (86.1%).

Most affordable

These are the top five most affordable Airbnb spots in Canada:

  • Trois-Rivi√®res, Qu√©bec ($35.6 USD per night)
  • Medicine Hat, Alberta ($41.3 USD per night)
  • Gatineau, Qu√©bec ($44.5 USD per night)
  • Thorold, Ontario ($46.9 USD per night)
  • Qu√©bec City, Qu√©bec ($48 USD per night)

Most popular

While no BC cities made the grade when it came to most affordable, Vancouver and Victoria are among the top five most popular Airbnb destinations. The other Canadian cities among the top five most popular were Toronto, Montreal and Calgary.

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