Are you looking for Newfoundland vacation rental management for your Airbnb or second property? We recently talked with Vacation Rental Managers about the tourism landscape here in NL and just how fast it’s growing.
Gordon and his team are one of the largest players here in the Newfoundland vacation rental management game and oversee over 25 properties and growing across the province. They provide a hands off approach for homeowners who can just sit back and collect a cheque while they handle every aspect of the vacation rental management process.
Newfoundland and Labrador’s vast wilderness and stunning landscapes make it an appealing destination for travellers seeking a unique and remote experience. Vacation rentals in secluded areas, close to natural attractions like national parks or coastal cliffs, have grown in popularity.
As vacation rentals have become more prevalent, some municipalities in Newfoundland and Labrador have implemented regulations to manage the industry’s growth and address concerns related to zoning, safety, and community impact.
Provincial tourism performance continued to improve through September 2022 across a range of indicators. The number of non-resident air and auto visitors to NL reached 321,991 from January to September 2022, a 143% increase compared to the same period in 2021. While auto visits have recovered to surpass 2019 levels (+19%), air visitation (-27%) has been slower to recover, leaving overall year-to-date non-resident visitation 18% below pre-pandemic 2019 levels.
Similar to other regions, the popularity of vacation rental platforms like Airbnb and VRBO has been on the rise in Newfoundland and Labrador. These platforms offer travellers a variety of accommodation options, from private homes and cabins to condos and cottages.
The vacation rental industry contributes significantly to the local economy by generating income for property owners and supporting various tourism-related businesses such as restaurants, shops, and tour operators.