2022 Bruce Peninsula AirBnB Occupancy Rate Predictions

Before we dive into 2022 Bruce Peninsula Short term rentals occupancy rate, I want to first review 2021’s occupancy rates (based on our data). Please be mindful that Covid lockdowns did not end until mid 2021, so there may be some impact on the occupancy but we will discuss what the expect in the following year.

Here are 2021’s Bruce Peninsula AirBnB Occupancy Rate:

• January - We close our cottages at this time due to snow, high liability for guests and low occupancy

• February - We close our cottages at this time due to snow, high liability for guests and low occupancy

• March - 25.8%

• April - 46.7%

• May - 83.8%

• June - 93.3%

• July - 100%

• August - 100%

• September - 96.7%

• October - 51.8%

• November - 35.7%

• December - 18.2%

Please note that certain factors of a cottage could lead to higher or lower occupancies. For instance, a waterfront property will usually have higher occupancy rate, and higher price could lead to lower occupancy rate. However, this data is an average on what we are seeing across a few cottages. Another thing to note is March to June 2021 had a lot of lockdown restrictions do to severe case numbers of Covid.

2022 Bruce Peninsula Short-Term Rentals

Now to the reason why you’re reading this- 2022 occupancy rates. There are a few factors to consider in the new year that could affect Short-term rentals in Bruce Peninsula and all of Ontario.

1. Ontario Staycation Tax Credit: If you’re unaware of this, you can read about the details here. In a nutshell, Ontario residents can receive up to $2000 for a family on Staycation Tax credits.

2. Reopening from Covid

3. Yearly Tourist increase to Bruce Peninsula: There’s on average of a 9-13% increase every year on number of tourist to Bruce Peninsula.

For these reasons, here are our projected occupancy rates for an average cottage in Bruce Peninsula in 2022:

• March - 30-35%

• April - 50-55%

• May - 85-90%

• June - 100%

• July - 100%

• August - 100%

• September - 100%

• October - 55-60%

• November - 30-35%

• December - 20-25%

We expect most of the increases in the spring months, while growth during the fall and winter months will remain slow and this is mostly because amenities in Bruce Peninsula is closed after mid-October. Overall, the market is inclining and we expect the incline to continue at least until 2025. Let us know what you think by leaving a comment below!

Have you have had any interesting guest experiences? We are currently collecting unique stories from AirBnB hosts and use that to create more strategies on how to become the best host in your area. You can contact us at Sophiasu96@gmail.com or reach me at 289-707-2982.