Which areas in Canada do very well with AirBnB?

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Feb 10th, 2023 5:20 pm

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Feb 7th, 2023 9:59 pm

snowhite445 [OP]: Deal Addict; Nov 9, 2017; 1062 posts; 153 upvotes

Feb 7th, 2023 9:59 pm

Which areas in Canada do very well with AirBnB?

I see that many AirBnB cottages (lakefront) have no dates booked meaning no one is booking them I assume. If you own an AirBnB (preferably a lakefront cottage), please post your average number of nights booked per year and average rental income per annum. Please also post your estimate property value.

Is AirBnB as a business to saturated and only to the benefit of AirBnB and not homeowners?

6 replies

Feb 9th, 2023 11:19 pm

snowhite445 [OP]: Deal Addict; Nov 9, 2017; 1062 posts; 153 upvotes

Feb 9th, 2023 11:19 pm

snowhite445 wrote: ↑ I see that many AirBnB cottages (lakefront) have no dates booked meaning no one is booking them I assume. If you own an AirBnB (preferably a lakefront cottage), please post your average number of nights booked per year and average rental income per annum. Please also post your estimate property value.

Is AirBnB as a business to saturated and only to the benefit of AirBnB and not homeowners?

Bump.

AirBnB is no good anymore? Anyoen can post any of their average income?

Feb 10th, 2023 9:08 am

moeymoeymoeymoe: Sr. Member; May 7, 2015; 771 posts; 1215 upvotes; Toronto, ON

Feb 10th, 2023 9:08 am

My air bnb booked 365 nights straight at
$10000000 a night.

How much money in your bank account?
Please take a screenshot and post it here

How much cash do you carry?

Feb 10th, 2023 10:47 am

rapashoo: Deal Addict; Mar 22, 2010; 3812 posts; 1737 upvotes

Feb 10th, 2023 10:47 am

I would say Prince Edward Island. AirBnB rate in that region is just ridiculous.

Feb 10th, 2023 2:17 pm

bLuPhYrE: Deal Addict; Oct 26, 2007; 2744 posts; 2318 upvotes; YYZ

Feb 10th, 2023 2:17 pm

i dont book airbnbs anymore since their pricing is ridiculous
a 200$ a night place turns into 450 after cleaning and fees. At that point i'd rather stay in a hotel.

Licensed Full Service Realtor

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Feb 10th, 2023 2:41 pm

bigduckking: Member; Nov 19, 2021; 255 posts; 251 upvotes

Feb 10th, 2023 2:41 pm

bLuPhYrE wrote: ↑ i dont book airbnbs anymore since their pricing is ridiculous
a 200$ a night place turns into 450 after cleaning and fees. At that point i'd rather stay in a hotel.

Way too much now. Back when I was in university not so long ago I could get downtown condos for like 90 a night. Now that will barely get you a shoddy room. Its funny how things go full circle, what was cheap at one point eventually becomes as expensive or more than it replaced.

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Feb 10th, 2023 5:20 pm

mattnew: Sr. Member; Aug 15, 2018; 897 posts; 888 upvotes

Feb 10th, 2023 5:20 pm

bLuPhYrE wrote: ↑ i dont book airbnbs anymore since their pricing is ridiculous
a 200$ a night place turns into 450 after cleaning and fees. At that point i'd rather stay in a hotel.

Completely agree. Airbnb made sense a few years ago, when it was cheaper than hotels. Now it's at least on par, often more expensive than hotels. I'm not even using it when travelling anymore. Get better deals on hotels.

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