TOFINO

VACATION RENTAL MANAGEMENT

Benefit from Lifty Life’s expertise on Airbnb property management in Tofino

Everything You Need to Know About

Tofino

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.

Property Type Estimated Annual Revenue
Studio $31,000 – $35,000
One Bedroom $41,000 – $47,000
Two Bedroom $42,000 – $48,000
Three Bedroom $51,000 – $79,000

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%.

beach airbnb tofino

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.

Yes, provided that your property is correctly zoned (R1, R2, R3, R4, R6, MU2, MU3, MU4, CD1, CD6, CD9) and you have a valid business license from the city.

Tofino is a very well-respected surf destination. Thousands of surfers book up Airbnb’s in Tofino every year to access the best waves in Canada. Whether you decided to visit in spring, summer, fall or winter, this town is bustling with energy.

↣ Winter Activities: Tofino is a beautiful destination to watch the storms battle it out over the ocean.

↣ Sunny Summers: Along with the usual suspects – hiking, biking, etc. – Tofino offers all kinds of unique experiences: surfing, whale watching, and sailing.

↣ Events & Festivals

Tofino is known for offering unique restaurants and casual bar environments, easy take-out options, and everything in between. The surfer town has amazing collection of independent and boutique shops.

↣ Eat & Drink

Tofino has 369 active vacation rentals.

Tofino was a filming location for The Twilight Saga: New Moon in March and April 2009. South Beach, located near Wickaninnish Beach inside Pacific Rim National Park Reserve, and Incinerator Rock at Long Beach were used.

Airbnb management in Tofino

How To Get Started

Our team would be happy to help you with any questions you might have. Reach out and lets get you started!

We have a detailed amenity list so that you can easily find what items need to be in the unit and exactly what items we recommend.

See our amenity checklist!

Every homeowner needs to ensure they have short term rental insurance that protects them in the unlikely event that an issue happens.

Finding STR insurance providers can be tricky, so we recommend Square One that specializes in this insurance product.

Get A Quote From Square One Our Recommended Insurance Provider

Not all, but most Short Term Rentals require an STR License provided by the municipality.

If you have any questions about your municipality, feel free to contact our team and we can give you some details about the rules governing your market.

The FAQ section on our site breaks down the complete onboarding process in 10 easy steps.

 

Myra Canyon on the Kettle Valley Railway

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