Airbnb Market Analytics, Statistics and Data in Parksville, 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 Parksville? 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 Parksville:
How much do Airbnb hosts make on average per month in Parksville?
The short-term rental market in Parksville 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 $2,567 per month
- Strong performing properties (top 25%) make $4,266 or more
- Best-in-class properties (top 10%) achieve $6,391+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,286
Revenue Variations by Month
Occupancy Rates Throughout the Year in Parksville
The market in Parksville 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 42% occupancy rates
- Strong performing properties (top 25%) achieve 63% or higher
- Best-in-class properties (top 10%) reach 80%+occupancy
- Entry-level properties (bottom 25%) average around 24%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Parksville
Daily rates in Parksville 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 $173 per night
- Strong performing properties (top 25%) secure $223 or more
- Best-in-class properties (top 10%) pull in $275+ per night
- Entry-level properties (bottom 25%) earn around $115
Daily Rate Variations by Month
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Seasonality patterns in Parksville
Peak Season (August, July, June)
- Revenue peaks at $5856.58 per month
- Occupancy rates reach 71.94%
- Daily rates average $212.93
Shoulder Season
- Revenue averages $3061.66 per month
- Occupancy maintains 44.11%
- Daily rates hold at $178.52
Low Season (January, December, November)
- Revenue drops to $1534.98 per month
- Occupancy decreases to 29.73%
- Daily rates adjust to $156.82
Is it still profitable to do Airbnb in Parksville in 2025?
Yes! Parksville demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 44% and strong monthly revenue averaging $3062 and The market's 144 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 Parksville
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Craig Bay | A sought-after waterfront community known for its beautiful beaches and family-friendly atmosphere. Offers tranquility and stunning views, ideal for visitors looking for relaxation and nature. | Parksville Beach, Rathtrevor Beach Provincial Park, Craig Bay Nature Park, Community Parks, Walking Trails |
| Parksville Beach | Renowned for its wide sandy beaches and shallow waters, this area attracts families and beach lovers. Perfect for summer vacations and water activities. | Parksville Community Park, Beach Volleyball Courts, Picnic Areas, Playgrounds, Water Sports Rentals |
| Qualicum Beach | A charming small town nearby known for its picturesque landscapes and vibrant arts scene. Appeals to visitors looking for quaint shops and cultural experiences. | Qualicum Beach Heritage Centre, The Old School House Arts Centre, Qualicum Beach Farmers Market, Milner Gardens & Woodland, Beachfront Stroll |
| Top Bracket | An exclusive neighborhood known for its luxury homes and proximity to golf courses. Attracts affluent visitors seeking upscale accommodation options. | Pheasant Glen Golf Resort, Morningstar Marina, Nature Parks, Scenic Hiking Trails, Fine Dining Restaurants |
| Salish Sea | The expansive waters off Parksville provide a unique natural environment, great for water sports enthusiasts and nature lovers alike. | Kayaking Tours, Whale Watching, Fishing Excursions, Scenic Boat Tours, Wildlife Watching |
| Rathtrevor Beach Provincial Park | A stunning provincial park with expansive sandy beaches and lush forested areas. Perfect for outdoor activities and family outings. | Hiking Trails, Picnic Areas, Camping Sites, Nature Interpretive Centre, Bird Watching |
| Nanoose Bay | A picturesque bay area that offers waterfront properties and tranquility, appealing to tourists who prefer less crowded environments. | Nanoose Bay Marina, Golf Clubs, Walking Trails, Views of the Strait of Georgia, Cape Lazo Regional Park |
| Errington | A rural community known for its farms, arts, and crafts. Attracts those interested in exploring the artsy side of Vancouver Island. | Errington War Memorial Hall, Local Farms, Art Galleries, Nature Parks, Wildlife Viewing |
Do you need a license for Airbnb in Parksville?
We recommend checking directly with Parksville's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (28% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Parksville
Beach House at Tanglewood, 3 Bedroom
Entire Place • 3 bedrooms
Stylish Family Condo + Year Round Resort Hot Tub
Entire Place • 3 bedrooms
Eagle Haven Parksville: your oceanfront retreat
Entire Place • 3 bedrooms
Beachside Townhouse with Pool
Entire Place • 2 bedrooms
Impeccable Summer Retreat!
Entire Place • 2 bedrooms
SandCastle Shores~2 bdrm townhome w/beach access
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Parksville
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Judy | 8 | $377,949 | 383 | 4.33/5.0 |
| Karen | 9 | $320,747 | 243 | 4.92/5.0 |
| Evergreen Hospitality | 15 | $260,550 | 395 | 4.68/5.0 |
| Nicole | 3 | $128,020 | 195 | 4.87/5.0 |
| Andrea | 3 | $124,328 | 107 | 4.90/5.0 |
| David | 2 | $114,403 | 275 | 4.97/5.0 |
| Jennifer | 1 | $96,480 | 29 | 5.00/5.0 |
| Donna | 3 | $95,316 | 33 | 4.74/5.0 |
| Lynda & Neill | 1 | $80,866 | 69 | 4.97/5.0 |
| Matt | 1 | $77,409 | 43 | 4.88/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Parksville
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 (88.2%), with house and apartment & condo properties comprising 68.7% of inventory
- Strong specialty sector (24.3%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
Room Capacity Distribution
Analysis of 144 properties in Parksville shows that 2 bedrooms properties are most prevalent, making up 40.3% of the market. The market tends to favor smaller properties, with 2 bedrooms and 3 bedrooms together representing 68.8% of all listings.
Key Insights
- Most common: 2 bedrooms (40.3%)
- Least common: 4 bedrooms (0.7%)
- Market concentration: 68.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 144 properties in Parksville reveals that 6 guests properties dominate the market, representing 41.7% of all listings. The average property accommodates 5.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 6 guests and 4 guests make up 65.3% of the market.
Key Insights
- Most common capacity: 6 guests (41.7% of market)
- Least common capacity: 3 guests (0.7% of market)
- Average guest capacity: 5.1 guests per property
- Market concentration: 65.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 144 properties in Parksville, the most common availability pattern is 181-270 days (40.3% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (43.1% of properties).
Key Insights
- Most common availability window: 181-270 days (40.3%)
- Most common booking duration: 91-180 days (43.1%)
- Properties with high availability (180+ days): 72.2%
- Properties with long-term bookings (180+ days): 31.3%
Minimum Stay Distributions
1 Night
32 listings
25.6% of total
2 Nights
48 listings
38.4% of total
3 Nights
21 listings
16.8% of total
4-6 Nights
7 listings
5.6% of total
7-29 Nights
7 listings
5.6% of total
30+ Nights
10 listings
8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 64.0%
- Mid-length stays (4-6 nights) represent 5.6% of listings
- Monthly+ stays (8%) suggest a stable extended-stay market
- High market flexibility with 80.8% 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
Super Strict 60 Days
7 listings
5.4% of total
Flexible
14 listings
10.8% of total
Moderate
45 listings
34.6% of total
Firm
26 listings
20% of total
Strict
38 listings
29.2% of total
Key Insights
- Moderate is the preferred policy at 34.6% of listings
- The market shows a balanced distribution between guest-friendly (45.4%) and strict (49.2%) policies
- Strong market consensus around Moderate policies
- Super Strict 60 Days policies are least common at 5.4% 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, Jun, Aug, averaging 102 days
- Shortest booking windows are in Jan, Nov, Dec, averaging 38 days
- Summer shows the longest average booking window at 102 days, while Winter has the shortest at 40 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 102 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Jan-Dec when lead times are shortest
Popular Airbnb Amenities in Parksville
Every property in Parksville comes standard with Smoke alarm. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 84.4% of total guests, indicating a dominant local market share.
- Primary international markets: United States (8.6%) and United Kingdom (1.6%)
- English is the top language at 76%, followed by French (9%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.1%
Recommendations
- Target marketing campaigns for Victoria and Vancouver markets
- Develop localized content for United States and United Kingdom
- Prioritize English and French 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 Parksville. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Tofino | 346 | $4,950 | $282.01 | 57% |
| Friday Harbor | 225 | $4,477 | $385.11 | 45% |
| Ucluelet | 343 | $3,497 | $235.69 | 51% |
| Area D (Elaho/Garibaldi) | 46 | $3,456 | $256.59 | 50% |
| Clallam Bay | 11 | $3,379 | $219.03 | 58% |
| Sekiu | 35 | $3,357 | $237.33 | 48% |
| Clallam County | 21 | $3,327 | $265.82 | 46% |
| Sequim | 312 | $3,203 | $230.85 | 52% |
| Juan de Fuca Electoral Area | 303 | $3,183 | $234.23 | 49% |
| Beaver | 13 | $3,125 | $251.68 | 53% |
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