Hope
Airbnb Market Statistics & Data
Canada

Is it profitable to do Airbnb in Hope, Canada?

What is the occupancy rate of Airbnb in Hope, Canada?

What is the average daily rate of Airbnb in Hope, Canada?


Last updated on: 15th May, 2024



decor shape leftdecor shape right
Canada / Hope
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.
Without further ado, let's see if Hope is good for Airbnb.

Is Airbnb Profitable in Hope ?

Yes, there is a good short-term rental demand.
Best Airbnb Markets in Canada ⟶
Occupancy Rate

66%

CA$106

Daily Rate

CA$25K

Revenue (2023)

143

Number of Listings
A typical short-term rental listing in Hope is booked for 241 nights a year, with a median occupancy rate of 66% and an average daily rate of CA$106. In Hope, A typical host income (annual revenue) was CA$25K in 2023. There are 143 active Airbnb listings as of 2024-04-15.
A 66% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Okay, you might wonder about more specific data. 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.
Signup and check out more in-depth vacation rental data for free.
Explore Hope's Airbnb Data ⟶