Signed in as:
Signed in as:
The number of bed and breakfasts across Canada is an unknown number. There are a couple of associations which are trying to obtain information from its members but at this the B&B industry is not organized. On BBCanada.com, one of the largest Canadian websites listing Bed and Breakfasts it claims to have over 10,000 listed. The primary reason for lack of information is that many people only rent one room in their house and do not belong to any association, nor are there any regulations requiring licensing in msot towns. In most towns there are not any associations in others there are a few, and people will belong to all.
In 2004 PAII, Professional Association of Innkeepers International completed a survey of its members which found the following:
Across Ontario there are number of hotspots for Bed and Breakfasts. Bed and Breakfasts are most prevalent in the tourist location in southern Ontario yet can be found in most towns and cities. Bed and Breakfasts located in cities do attract some commercial travelers but that is secondary market for most.
Towns with the most Bed and breakfasts in Ontario
From a tourist stand point, research will show that 80% of the touristic dollars will come from less than a 5-6 hour drive from that location. The goal then is to be located in an area where there are high population close by and strong tourism.
Population – 35,000
- Stratford Festival runs from April to November. Sells approximately 550,000 tickets per year
- 80 bed and breakfasts in the town
o Average price at a B&B is $110 - $135
o Asking price $650 - $1.2K
o Revenue generation $10K - $15K per room
Population – 6000
- Sand Banks National Park
- 100,000 visitors annually
- 34+ wineries
o Just getting started
- 59 bed and breakfasts and growing
o Average price at a B&B is $140 - $180
o Asking price $900-$1.4m
o Revenue Generation $12-18k per room
A 5 hour drive from Niagara takes you to
- Albany, NY
That is a large population area to draw your guests from.
Population – 83,000
- 11 - 14 million visitors annually
- World Class attraction – one of the Seven Wonders of the World
- Attracts people from all over the world.
60 Bed and breakfasts
o Average price at a B&B is $100 - $140
o Asking prices range from $650 – $$1.3M
o Revenue generation $12-20K per room
Population – 18,000
Niagara Falls (spill over)
- 300,000 visitors
Annual visitors 3.5Million
150 bed and Breakfasts
o Average price at a B&B is $150 - $265
o Asking prices range from $950 – to $3M
§ Average is $1.2M - 1.8M
o Revenue generation $20 - $45k per room
Basically the reason there are so many bed and breakfasts in the Niagara Region is because it has a strong market for tourism and is only 1.5 hours from Toronto. Niagara-on-the Lake developed due to the lack of hotels and the town is very strict in allowing new hotels in the old town.
Niagara Falls Bed and Breakfasts are mainly in one area due to the required zoning.