Airbnb Market Analytics, Statistics and Data in Bonavista, Newfoundland and Labrador, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Bonavista? 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 Bonavista:
How much do Airbnb hosts make on average per month in Bonavista?
The short-term rental market in Bonavista 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 $1,560 per month
- Strong performing properties (top 25%) make $2,495 or more
- Best-in-class properties (top 10%) achieve $3,583+ monthly
- Entry-level properties (bottom 25%) typically earn around $976
Revenue Variations by Month
Occupancy Rates Throughout the Year in Bonavista
The market in Bonavista 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 37% occupancy rates
- Strong performing properties (top 25%) achieve 52% or higher
- Best-in-class properties (top 10%) reach 72%+occupancy
- Entry-level properties (bottom 25%) average around 26%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Bonavista
Daily rates in Bonavista 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 $121 per night
- Strong performing properties (top 25%) secure $150 or more
- Best-in-class properties (top 10%) pull in $225+ per night
- Entry-level properties (bottom 25%) earn around $99
Daily Rate Variations by Month
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Seasonality patterns in Bonavista
Peak Season (July, August, June)
- Revenue peaks at $3506.23 per month
- Occupancy rates reach 75.18%
- Daily rates average $148.29
Shoulder Season
- Revenue averages $1946.12 per month
- Occupancy maintains 40.65%
- Daily rates hold at $138.64
Low Season (February, January, December)
- Revenue drops to $949.32 per month
- Occupancy decreases to 22.72%
- Daily rates adjust to $129.01
Is it still profitable to do Airbnb in Bonavista in 2025?
Yes! Bonavista demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 41% and solid monthly revenue averaging $1946 and The market's 110 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 Bonavista
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Bonavista Lighthouse | An iconic landmark offering stunning ocean views and rich history, perfect for guests interested in local culture and beautiful landscapes. | Bonavista Lighthouse, Cape Bonavista, Trinity Bay, Skerwink Trail, Bonavista Theatre Festival |
| Trinity | A picturesque and historic fishing town known for its colorful buildings and arts scene, attracting visitors who appreciate history and charming architecture. | Trinity Historic Walking Trail, Rugged Beauty Scenic Lookout, Trinity Bay, Rising Tide Theatre, Historic Churches |
| Bonnie Bay | Known for its natural beauty and outdoor activities, highly desirable for tourists seeking adventure and relaxation in nature. | Bonnie Bay Beach, Diving and whale watching, Hiking Trails, Camping Sites, Scenic Boat Tours |
| Newman's Cove | A serene coastal area known for stunning sunsets and peaceful surroundings, appealing to couples and families looking for a quiet getaway. | Newman's Cove Sunset, Historical Sites, Local Crafts Shops, Fisherman's Wharf |
| Cape Shore | Famous for its rugged coastline and hiking trails, ideal for nature lovers and those seeking a retreat from city life. | Cape Shore Trail, Cliffside Views, Birdwatching, Photography Spots, Lighthouses |
| Port Union | A small community with a rich history and vibrant arts scene, perfect for those interested in local culture and history. | Port Union Heritage Society, Local Art Galleries, Community Events, Fishing Spots |
| Bonavista Bay | Known for its scenic beauty and diverse marine life, attracting tourists for fishing, boating, and whale watching. | Bonavista Bay Tours, Whale Watching, Fishing Charters, Coastal Walks, Local Seafood Restaurants |
| Elliston | Famed for its puffin viewing and cultural heritage, a unique spot for nature enthusiasts and wildlife lovers. | Elliston Puffin Viewing, Heritage Fishery, Walking Trails, Local Artist Studios, Scenic Views |
Do you need a license for Airbnb in Bonavista?
Yes, Bonavista requires a license for operating an Airbnb. Current market data shows 54% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Bonavista
The EDGE
Entire Place • 4 bedrooms
Stead’s Beach House
Entire Place • 3 bedrooms
Waves Away Retreat/5 Beds/5 baths 9 person Hot tub
Entire Place • 5 bedrooms
Ford Tavern · Oceanfront Heritage House w/ Deck
Entire Place • 3 bedrooms
Cozy Three Bedroom House With Ocean Views
Entire Place • 3 bedrooms
Ocean Front Cottage - Caplin Cove Cottage Yellow
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Bonavista
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Guillaume | 18 | $366,956 | 804 | 4.90/5.0 |
| Liz & Dene | 9 | $133,714 | 102 | 3.86/5.0 |
| Jennifer | 3 | $90,891 | 452 | 4.96/5.0 |
| Luke | 4 | $79,241 | 572 | 4.98/5.0 |
| Ellis House | 5 | $77,666 | 454 | 4.99/5.0 |
| Teryl | 1 | $68,406 | 10 | 4.90/5.0 |
| 237446728 | 7 | $61,194 | 813 | 4.86/5.0 |
| Penny | 3 | $54,637 | 806 | 4.88/5.0 |
| Trixie | 3 | $53,895 | 521 | 4.95/5.0 |
| Sonya | 4 | $51,711 | 661 | 4.95/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Bonavista
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 (72.7%), with house and apartment & condo properties comprising 86.4% of inventory
- Untapped potential in outdoor & mobile, others segments (3.6% combined)
Room Capacity Distribution
Analysis of 110 properties in Bonavista shows that 2 bedrooms properties are most prevalent, making up 36.4% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 60.0% of all listings.
Key Insights
- Most common: 2 bedrooms (36.4%)
- Least common: 4 bedrooms (1.8%)
- Market concentration: 60.0% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 110 properties in Bonavista reveals that 4 guests properties dominate the market, representing 34.5% of all listings. The average property accommodates 3.6 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 6 guests make up 51.8% of the market.
Key Insights
- Most common capacity: 4 guests (34.5% of market)
- Least common capacity: 5 guests (3.6% of market)
- Average guest capacity: 3.6 guests per property
- Market concentration: 51.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 110 properties in Bonavista, the most common availability pattern is 181-270 days (58.2% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (57.3% of properties).
Key Insights
- Most common availability window: 181-270 days (58.2%)
- Most common booking duration: 91-180 days (57.3%)
- Properties with high availability (180+ days): 88.2%
- Properties with long-term bookings (180+ days): 15.5%
Minimum Stay Distributions
1 Night
60 listings
61.9% of total
2 Nights
34 listings
35.1% of total
4-6 Nights
2 listings
2.1% of total
30+ Nights
1 listings
1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 97.0%
- Mid-length stays (4-6 nights) represent 2.1% of listings
- Monthly+ stays (1%) suggest a stable extended-stay market
- High market flexibility with 97.0% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
54 listings
50.9% of total
Moderate
23 listings
21.7% of total
Firm
8 listings
7.5% of total
Strict
21 listings
19.8% of total
Key Insights
- Flexible is the preferred policy at 50.9% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 72.6% of the market
- Strong market consensus around Flexible policies
- Firm policies are least common at 7.5% of listings
Recommendations
- Consider starting with a Flexible policy to align with market preferences
- Strong market preference for Flexible policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, Apr, averaging 97 days
- Shortest booking windows are in Nov, Dec, Feb, averaging 42 days
- Summer shows the longest average booking window at 92 days, while Winter has the shortest at 43 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 92 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Feb when lead times are shortest
Popular Airbnb Amenities in Bonavista
Below is the distribution of amenities across listings in Bonavista:
Traveler Demographics
Key Insights
- Domestic travelers make up 85.1% of total guests, indicating a dominant local market share.
- Primary international markets: United States (10.1%) and United Kingdom (1.1%)
- English is the top language at 75.9%, followed by French (14.3%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 8.8%
Recommendations
- Target marketing campaigns for St. John's and Toronto 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 Bonavista. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Tors Cove | 25 | $3,499 | $217.60 | 47% |
| Bay Roberts | 11 | $2,440 | $136.13 | 50% |
| Pouch Cove | 11 | $2,315 | $172.18 | 58% |
| Conception Bay South | 26 | $2,230 | $142.34 | 59% |
| Portugal Cove - St. Philips | 22 | $2,202 | $160.58 | 57% |
| Holyrood | 11 | $2,126 | $169.59 | 39% |
| Joe Batt's Arm-Barr'd Islands-Shoal Bay | 10 | $2,089 | $159.05 | 52% |
| Port Rexton | 28 | $2,063 | $175.22 | 50% |
| Placentia | 17 | $2,018 | $200.87 | 46% |
| Dildo | 27 | $1,988 | $175.54 | 42% |
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