Vancouver edges ahead of New Brunswick on stronger RevPAR (£36 vs £18).
Head-to-head metrics
| New Brunswick | Vancouver | |
|---|---|---|
| Median occupancy | 42% | 42% |
| Median daily rate | £87 | £85 |
| Median RevPAR | £18 | £36 |
| Active listings | 3,390 | 3,993 |
| YoY occupancy | +22.3 pts | -7.3 pts |
| YoY daily rate | +0% | -2% |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
Full analysis: New Brunswick vs Vancouver
On the money side of this comparison — what a listing actually earns against the nights it has available — Vancouver finishes narrowly ahead of New Brunswick. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 103.9% higher in Vancouver: £36 against £18. Across a full year the median Vancouver listing grosses £13,207 against £6,473 in New Brunswick. The margin is thin enough that a single strong year in New Brunswick would close it, so treat the ordering as a lean rather than a verdict.
On the mechanics of the yield the two are hard to separate. New Brunswick runs 42% occupancy at £87 a night; Vancouver runs 42% at £85. That leaves RevPAR almost level too — £36 against £18 — so operating quality, not market selection, is what will decide your return between these two.
That verdict needs a caveat, because New Brunswick is not simply the weaker market of the two. The twelve-month direction favours New Brunswick too: occupancy there moved +22.3 points while Vancouver moved −7.3 points. New Brunswick's calendar is the flatter of the two — 11.9 points between its best and worst month against 23.9 in Vancouver — which makes debt service easier to underwrite. If your model leans on that dimension, the ordering above can reasonably flip.
Neither New Brunswick nor Vancouver currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.
The two calendars also behave differently. New Brunswick peaks in July at 51.1% and bottoms in June at 39.2%; Vancouver runs from 62.3% in September down to 38.4% in January. New Brunswick is the steadier of the two at 11.9 points peak-to-trough against 23.9 — easier to underwrite against a mortgage — while Vancouver concentrates its return into a shorter window and rewards operators who price the peak aggressively instead of holding a flat rate all year.
Who each suits, then. New Brunswick suits buyers who want a conventional, lightly regulated entry. It is also the momentum side of this pair. Vancouver answers to the same regulatory profile, so the split between them is operational rather than legal. It is the contrarian side: buying it means buying a market that has cooled. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 2,122 active New Brunswick listings and 1,206 in Vancouver.
Frequently asked questions
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