Penticton

As of May 2026, Penticton, Kelowna, Osoyoos have 680 active Airbnb and VRBO listings. This represents a 16% decrease from the previous year.

The average Airbnb or VRBO in Penticton generates C$32K per year. High-performing properties earn C$68K/year, while low-performing properties earn C$15K/year. The substantial gap between top and bottom performers suggests that revenue is highly sensitive to specific asset characteristics rather than broad market demand.

Airbnb and VRBO can be profitable in Penticton. Average annual revenue is C$32K with 31% occupancy. High-performing properties earn up to C$68K/year. This wide range in earnings indicates that market saturation is uneven, with a clear tier of listings capturing a disproportionate share of the available revenue.

The average occupancy rate for Airbnbs and VRBOs in Penticton is 31%. This occupancy level, combined with an average nightly rate of C$310, results in a RevPAR (revenue per available room) of C$60 per day.

4+ bedroom properties demonstrate the strongest performance in Penticton, with annual revenue of C$55K. These properties balance operating costs and rental demand most effectively in the Penticton market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Penticton area. Penticton: Moderate. Business license required, principal residence only, max 2 bedrooms or 50% of home. Some enforcement through complaints. Kelowna: Moderate. Business license mandatory, principal residence requirement, max 2 units per property. Complaint-driven enforcement, some unlicensed operators exist. Osoyoos: Lenient. Business license required, no occupancy restrictions. Minimal enforcement, largely complaint-based only. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Penticton Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 16% year-over-year, while RevPAR has decreased 12%. This indicates balanced supply-demand dynamics. The contraction in both supply and revenue suggests a natural market correction where listing density is adjusting to current demand levels.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is -4% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (January-November) when gaining traction is harder.

The most common amenities in Penticton listings include: Kitchen (94%), Air Conditioning (90%), Tv (82%), Heating (76%), Washing Machine (76%). Amenities that boost revenue the most include Pool, Washing Machine, Lake Access, with Pool properties earning approximately 71% more (C$98K/year vs C$58K/year).

Monthly estimated revenue per listing in Penticton over the last 12 months: May: C$2K, June: C$2K, July: C$3K, August: C$3K, September: C$2K, October: C$1K, November: C$501, December: C$1K, January: C$1K, February: C$2K, March: C$2K, April: C$2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Penticton is C$310, up 8% year-over-year. By property size: 1-bedroom properties average C$200/night, 2-bedroom properties average C$250/night, 3-bedroom properties average C$439/night, 4+ bedroom properties average C$619/night. Rates peak in February and are lowest in November.

Guests in Penticton book an average of 52 days in advance, down 3% from last year. By property size: 1-bedroom: 40 days, 2-bedroom: 59 days, 3-bedroom: 53 days, 4+ bedroom: 75 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Penticton Airbnb and VRBO market has seen the following changes: supply declined 16%, revenue per listing decreased 12%, occupancy fell 1%, average nightly rates increased 8%, and lead time decreased 3%. These metrics point to a shift toward shorter booking windows despite higher pricing, reflecting a cautious consumer environment.

In Penticton, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 29% higher occupancy than weekdays.