Is it profitable to do Airbnb in Courtenay, Canada?
What is the occupancy rate of Airbnb in Courtenay, Canada?
What is the average daily rate of Airbnb in Courtenay, Canada?
Canada / Courtenay
Courtenay, Airbnb Market Statistics & Data, Canada
A typical short-term rental listing in Courtenay is booked for 259 nights a year, with a median occupancy rate of 71% and an average daily rate of CA$127. In 2023, a typical host income (annual revenue) was CA$30K. As of 12th September, 2024, there are 103 active Airbnb listings.
Average Revenue: CA$30K/yr
Occupancy Rate
71%
Avg Daily Rate
CA$127
Budget
No. of Listings
138
Small
YoY Revenue Change
0.23%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
CA$1,864
Average
CA$2,554
High
CA$3,426
Is Airbnb Profitable in Courtenay?
Yes, there is good short-term rental demand. A 71% 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 Courtenay
Short-term rental regulation is lenient in Courtenay. 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 Courtenay
A typical listing recorded a 71% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 15.44% 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: 71%
103 Active Listings
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Explore Courtenay's Airbnb Data ⟶
Best Areas in Courtenay for Airbnb
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Top demand Airbnb in Courtenay
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 103 listings.
See 103 listing Statistics
Other short-term rental market data in Courtenay
Here is a breakdown of short-let properties in Courtenay. 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