VACATION RENTAL HOSTING
Benefit from Lifty Life's expertise on Airbnb property management in Tofino
Everything You Need to Know About
Vancouver Island is home to some of the most stunning landscapes in the world. Tofino is located on the western coast of the island. This quaint little surf town has risen from its humble beginnings to now being know as one of the elite surf destinations in North America. Tofino has a strong year round economy servicing surfers, boaters, and campers from all walks of life.
Guests can experience all Tofino has to offer through one of our Airbnb properties, offering unbeatable, exceptional views of the Pacific ocean.
Expert Opinion on
Airbnb in Tofino
Tofino has recently become one of the top tourist destinations in Canada. With unrivaled access to some of the best waves in North America its caused a big 'wave'. The growing popularity of the region has resulted in a drastic increase in real estate prices over the last five to years.
The Tofino municipality has been cracking down on illegal Airbnb operations which has resulted in a low supply market. The low supply of Airbnb's and the increasing popularity of the region has resulted in a market that has both high occupancy and high ADR.
Tofino Vacation Rental Pricing & Occupancy
Tofino has 369 active vacation rentals. Three bedrooms represent the largest share of active rentals at 36% followed by one bedrooms at 28%. The average annual occupancy is 70% and the average nightly rate (ADR) is $285. Annual occupancy growth is 19% while revenue growth only grew by 5%.
Tofino Tourism Industry
The Tofino tourism industry hosts over 600,000 visitors annually. Guests are primarily from guests from Greater Vancouver and Victoria. The tourism GDP of Tofino is $240 million a year.
There are 25+ accommodation providers other than vacation rentals.