Airbnb Market Analytics, Statistics and Data in New Westminster, British Columbia, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in New Westminster? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in New Westminster:
How much do Airbnb hosts make on average per month in New Westminster?
The short-term rental market in New Westminster shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $1,623 per month
- Strong performing properties (top 25%) make $2,493 or more
- Best-in-class properties (top 10%) achieve $3,924+ monthly
- Entry-level properties (bottom 25%) typically earn around $876
Revenue Variations by Month
Occupancy Rates Throughout the Year in New Westminster
The market in New Westminster shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 61% occupancy rates
- Strong performing properties (top 25%) achieve 81% or higher
- Best-in-class properties (top 10%) reach 91%+occupancy
- Entry-level properties (bottom 25%) average around 31%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in New Westminster
Daily rates in New Westminster vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $84 per night
- Strong performing properties (top 25%) secure $125 or more
- Best-in-class properties (top 10%) pull in $186+ per night
- Entry-level properties (bottom 25%) earn around $58
Daily Rate Variations by Month
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Seasonality patterns in New Westminster
Peak Season (June, July, August)
- Revenue peaks at $2733.40 per month
- Occupancy rates reach 69.22%
- Daily rates average $123.44
Shoulder Season
- Revenue averages $2127.73 per month
- Occupancy maintains 55.77%
- Daily rates hold at $112.52
Low Season (October, February, January)
- Revenue drops to $1368.62 per month
- Occupancy decreases to 42.24%
- Daily rates adjust to $99.56
Is it still profitable to do Airbnb in New Westminster in 2025?
Yes! New Westminster demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 56% and solid monthly revenue averaging $2128 and The market's 148 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in New Westminster
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown New Westminster | Vibrant city center with historical charm and easy access to transportation, dining, and shopping. Great for visitors who want to explore the heart of New Westminster. | Fraser River Waterfront, Royal City Centre, New Westminster SkyTrain Station, Crescent Beach, Anvil Centre |
| Uptown | A lively area known for its diverse shops and restaurants, Uptown attracts both locals and tourists. It's a growing neighborhood that offers easy access to multiple amenities. | Ridgeway Park, Queen's Park, Uptown Shopping Centre, Parks and recreational areas, Local eateries |
| Quay | The historic and scenic quay area along the waterfront attracts tourists for its picturesque views and dining options. Ideal for those looking for a peaceful getaway in a historic setting. | New Westminster Quay, River Market, Fraser River Discovery Centre, The Pier Park, Queens Park |
| Sapperton | Known for its quaint shops and community vibe, Sapperton is perfect for visitors looking for a cozy and local experience. It's also near hospitals and medical facilities. | Blue Mountain Park, Sapperton Park, Royal Columbian Hospital, Local cafes and restaurants, Walkable neighborhoods |
| Brow of the Hill | An up-and-coming neighborhood offering stunning views of the river and city, Brow of the Hill is becoming popular with young families and professionals. | Simcoe Park, Columbia Square Plaza, Nearby parks and recreation areas, Local dining options, Vibrant community events |
| Queensborough | A unique area that offers a mix of residential and commercial spaces, Queensborough is on the rise with its new developments and access to natural surroundings for outdoor activities. | Queensborough Landing, Kenny's Grove Park, Wiggins Park, Fraser River access, Local shopping and dining |
| Westminster Pier Park | An expansive park along the riverfront, this area is great for outdoor enthusiasts and families, making it a popular spot for events and community gatherings. | Westminster Pier Park, Playgrounds and picnic areas, Riverfront activities, Walking trails, Scenic views |
| Boroughs | A family-friendly and quiet area, Boroughs is appealing for visitors looking for a calm stay away from the busy city center, with parks and community amenities nearby. | Local parks, School amenities, Family-oriented activities, Community centers, Neighborhood markets |
Do you need a license for Airbnb in New Westminster?
Most likely, New Westminster requires a license for Airbnb operations. With 32% of current listings showing licensing information, we recommend checking New Westminster's short-term rental regulations and starting the licensing process before listing your property.
Top Performing Airbnb Properties in New Westminster
Luxe/Theatre/AC/Custom Home/YVR
Entire Place • 6 bedrooms
A Five-Star Safe and Comfortable Home
Entire Place • 3 bedrooms
Bright & Sunny 5-Bedroom House
Entire Place • 5 bedrooms
Modern, Convenient, Central
Entire Place • 5 bedrooms
Beautiful guests house-free parking+ EV charging
Entire Place • 2 bedrooms
Brand New Home Central New West
Entire Place • 4 bedrooms
Top Performing Professional Hosts in New Westminster
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Ayoub | 2 | $206,688 | 78 | 4.84/5.0 |
| Jacky | 3 | $154,128 | 139 | 4.72/5.0 |
| Sarah | 1 | $96,234 | 33 | 4.94/5.0 |
| 68756523 | 1 | $89,676 | 9 | 4.78/5.0 |
| Anh | 1 | $75,058 | 86 | 4.99/5.0 |
| 117479975 | 1 | $61,876 | 0 | 0.00/5.0 |
| 312919281 | 2 | $53,783 | 15 | 2.50/5.0 |
| 48377993 | 1 | $50,600 | 28 | 4.75/5.0 |
| Suzanne | 2 | $50,594 | 216 | 4.89/5.0 |
| Andy | 1 | $49,568 | 17 | 4.94/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in New Westminster
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (68.9%), with house and others properties comprising 76.4% of inventory
- Untapped potential in outdoor & mobile segments (0.7% combined)
Room Capacity Distribution
Analysis of 148 properties in New Westminster shows that 1 bedroom properties are most prevalent, making up 50% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 68.9% of all listings.
Key Insights
- Most common: 1 bedroom (50%)
- Least common: 4 bedrooms (0.7%)
- Market concentration: 68.9% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 148 properties in New Westminster reveals that 2 guests properties dominate the market, representing 29.7% of all listings. The average property accommodates 2.7 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 4 guests make up 50.7% of the market.
Key Insights
- Most common capacity: 2 guests (29.7% of market)
- Least common capacity: 7 guests (1.4% of market)
- Average guest capacity: 2.7 guests per property
- Market concentration: 50.7% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 148 properties in New Westminster, the most common availability pattern is 91-180 days (31.8% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (33.8% of properties).
Key Insights
- Most common availability window: 91-180 days (31.8%)
- Most common booking duration: 181-270 days (33.8%)
- Properties with high availability (180+ days): 50.7%
- Properties with long-term bookings (180+ days): 51.4%
Minimum Stay Distributions
1 Night
24 listings
19% of total
2 Nights
30 listings
23.8% of total
3 Nights
21 listings
16.7% of total
4-6 Nights
14 listings
11.1% of total
7-29 Nights
9 listings
7.1% of total
30+ Nights
28 listings
22.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 42.8%
- Mid-length stays (4-6 nights) represent 11.1% of listings
- Monthly+ stays (22.2%) suggest a stable extended-stay market
- High market flexibility with 59.5% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
18 listings
15.4% of total
Moderate
39 listings
33.3% of total
Firm
38 listings
32.5% of total
Strict
22 listings
18.8% of total
Key Insights
- Moderate is the preferred policy at 33.3% of listings
- The market shows a balanced distribution between guest-friendly (48.7%) and strict (51.3%) policies
- Flexible policies are least common at 15.4% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Dec, May, averaging 61 days
- Shortest booking windows are in Apr, Feb, Mar, averaging 38 days
- Summer shows the longest average booking window at 55 days, while Spring has the shortest at 44 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 55 days in advance
- Consider early bird discounts during Spring to encourage longer lead times
- Focus on last-minute booking promotions during Apr-Mar when lead times are shortest
Popular Airbnb Amenities in New Westminster
Below is the distribution of amenities across listings in New Westminster:
Traveler Demographics
Key Insights
- Domestic travelers make up 56.4% of total guests, indicating a significant local market share.
- Primary international markets: United States (26.6%) and United Kingdom (3.1%)
- English is the top language at 71.7%, followed by Spanish (8.7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.4%
Recommendations
- Target marketing campaigns for Calgary and Vancouver markets
- Develop localized content for United States and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding New Westminster. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Canyon Creek | 10 | $7,161 | $312.93 | 62% |
| Lake Goodwin | 11 | $5,746 | $385.80 | 44% |
| Verlot | 11 | $4,969 | $253.44 | 60% |
| Cape George Colony Club | 10 | $4,893 | $260.17 | 60% |
| Sudden Valley | 65 | $4,811 | $308.53 | 53% |
| Lopez Island | 41 | $4,519 | $368.63 | 42% |
| Friday Harbor | 225 | $4,477 | $385.11 | 45% |
| Eastsound | 247 | $4,357 | $350.44 | 44% |
| Oak Harbor | 129 | $4,308 | $284.53 | 50% |
| Orcas Island | 14 | $4,287 | $537.83 | 38% |
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