Is it profitable to do Airbnb in Corner brook, Canada?
What is the occupancy rate of Airbnb in Corner brook, Canada?
What is the average daily rate of Airbnb in Corner brook, Canada?
Canada / Corner brook
Corner brook, Airbnb Market Statistics & Data, Canada
A typical short-term rental listing in Corner brook is booked for 241 nights a year, with a median occupancy rate of 66% and an average daily rate of CA$113. In 2023, a typical host income (annual revenue) was CA$29K. As of 12th September, 2024, there are 75 active Airbnb listings.
Average Revenue: CA$29K/yr
Occupancy Rate
66%
Avg Daily Rate
CA$113
Budget
No. of Listings
84
Small
YoY Revenue Change
0.3%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
CA$1,768
Average
CA$2,385
High
CA$3,388
Is Airbnb Profitable in Corner brook?
Yes, there is good short-term rental demand. A 66% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Corner brook
Short-term rental regulation is lenient in Corner brook. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
We made a guide on things you need to know before starting an Airbnb in Canada, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Corner brook
A typical listing recorded a 66% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 6.27% of the guests are international guests, and visitors from Canada is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 66%
75 Active Listings
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Explore Corner brook's Airbnb Data ⟶
Best Areas in Corner brook for Airbnb
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Top demand Airbnb in Corner brook
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 75 listings.
See 75 listing Statistics
Other short-term rental market data in Corner brook
Here is a breakdown of short-let properties in Corner brook. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type