demand for vacation rentals

Demand for vacation rentals grew in 2017

Tuesday, January 16, 2018

Canadian ski destinations and big cities elicited the greatest demand for vacation rentals last year. Accommodations in Whistler, B.C. and Blue Mountain, Ontario, were the top draws for the booking platform, CanadaStays, which reported more travellers from the United States in 2017 and an increase in vacation spending via the online service.

Canmore, Alberta; Mont Tremblant, Quebec; Kelowna; and Sun Peaks, B.C. were also among the 15 most frequented destinations of approximately 11,000 possible locations across Canada. Toronto, Niagara Falls, Montreal, Calgary, Vancouver and Victoria were the top urban choices, while Ontario cottage country favourites, Prince Edward County and Gravenhurst in the Muskoka region, filled out the list.

The site’s administrators suggest Canada 150 celebrations, a weaker Canadian dollar and upheaval in the United States helped convince more Canadians to travel at home and more Americans to visit last year. Parties booking vacation properties through the site numbered five guests on average and stayed for an average of five nights.

Interest for the summer of 2018 is also predicted to be vibrant. “With peak season just months away, property owners should be updating their availability calendars, reviewing their rates and adding any new properties now to maximize earnings for the spring/summer travel season,” advises Emily Rayson, StayCanada’s chief operating officer.

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