Canada Vacation Rental Market Continues to Grow

by Richard D'Ambrosio


Canadian spend on vacation rentals with CanadaStays, a  vacation rental marketplace, more than doubled in 2017, while the number of trips booked through their platform increased 74 percent as more Canadians look to alternative accommodations, the company said.

The value of trips taken grew from (CAN) $11 million in 2016 to more than $24 million in 2017, with larger group sizes and longer stays contributing to an 11 percent increase in average trip cost.

CanadaStays believes that much of the increase was fuelled by the rise in “staycations” for Canada's 150th birthday last year. A weak Canadian dollar also contributed to more domestic bookings.

According to CanadaStays, the average trip grew from four to five nights, and it reported an 11% increase in American visitors to vacation rental properties throughout the country. Booking trends indicate that summer trips were booked 40-60 days before the date of travel, while winter bookings were made much earlier, 80-100 days in advance.

The company reported that 2017's most popular Canadian destinations included major cities like Toronto, Montreal and Vancouver, but also featured many smaller destinations, including Blue Mountain, the Kawarthas and the Muskoka region in Ontario; Kelowna, Victoria and Canmore in Western Canada, and Mont Tremblant, Quebec.

  1
  1
Tip of the Day
Daily Top List

Top Places for Retirees to Visit in 2018

1. Chicago

2. Orlando

3. Denver

4. Las Vegas

5. Phoenix

Source: Business Insider

TMR THIS WEEK
http://services.travelsavers.com/AMGService.svc/REST/GetImage?ImageID=83167fb0-72a4-e811-ba59-782bcb66a2f2

Ship Inspections Lead to Confident Sellers of Travel and a Better Match for Travelers

Travel agents who want to ensure their clients are booked on the right sailing rely on ship inspections for first-hand knowledge, topping brochures any day.

TMR Recommendations
Top Stories
WestJet Adds Service to Maui, Las Vegas and More for Winter 2018-2019
WestJet Adds Service to Maui, Las Vegas and More for Winter 2018-2019

Canadian travelers will have additional flight options to warm-weather destinations, as well as schedule improvements.

Could Mobile Passport Renewal Be Coming to Canada?
Could Mobile Passport Renewal Be Coming to Canada?

A majority of consumers surveyed said they would be likely to use a passport renewal app because of the convenience, but expressed security concerns.

Canadian Low-Cost Carrier Swoop Adds Flights to Five U.S. Cities
Canadian Low-Cost Carrier Swoop Adds Flights to Five U.S. Cities

Canada’s newest, low-cost airline is opening up its schedule to international flights.

Canada Expands Biometrics Screening Program
Canada Expands Biometrics Screening Program

The initiative is part of a joint border security information-sharing arrangement with the U.S., Australia, New Zealand and the U.K.

New Low-Cost Canadian Carrier Swoop Releases Winter Schedule
New Low-Cost Canadian Carrier Swoop Releases Winter Schedule

The low-cost airline will serve five markets this winter, and will kick off a new flight route this week.

Delta Air Lines and WestJet Launch Transborder Joint Venture
Delta Air Lines and WestJet Launch Transborder Joint Venture

WestJet continues its drive toward becoming a global airline with enhanced offerings and more choices for guests.

News Briefs
TMR Report Cards
Advertiser's Voice
Advertiser's Voice: Norwegian Cruise Line