Post by High Priestess on Mar 4, 2017 13:55:23 GMT
The article said the listing made over $133k last year, but the article also says that the nightly rate for the place is $849, and occupancy rates for Airbnb rentals in the city are around 98%. $133k would indicate a mere 42% occupancy rate. If the place was booked closer to the standard for Vancouver rentals, the annual income would be closer to twice that, or around $266,000. (84% occupancy)
However...though InsideAirbnb assumes that dates blocked on a host's calendar are all booked dates, one can't make that assumption. Hosts may block out dates for personal reasons or if they just want to not rent the space for those dates. So ascertaining total income isn't as straightforward as InsideAirbnb would make it out to be.
bc.ctvnews.ca/the-top-airbnb-listing-in-vancouver-raked-in-133-000-last-year-1.3308625
However...though InsideAirbnb assumes that dates blocked on a host's calendar are all booked dates, one can't make that assumption. Hosts may block out dates for personal reasons or if they just want to not rent the space for those dates. So ascertaining total income isn't as straightforward as InsideAirbnb would make it out to be.
bc.ctvnews.ca/the-top-airbnb-listing-in-vancouver-raked-in-133-000-last-year-1.3308625