Tri-City News March 10 2017

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ONLINE 24/7: TRICITYNEWS.COM

THINGS-TO-DO GUIDE: PAGE 17

Check out Port Moody Film Festival AIRBNB

Almost 200 here active on Airbnb Some hosts are earning thousands a year, data shows GARY MCKENNA

The Tri-CiTy News

The number of Airbnb listings in the Tri-Cities is on the rise as more homeowners turn to the short-term rental website to help supplement their income. According to data from Airdna, a marketing research firm that tracks Airbnb analytics, there are 190 active users in Coquitlam, 32 in Port Moody and 31 in Port Coquitlam. The listings that have turned some properties into lucrative enterprises. A marketing report for Coquitlam (Airdna does not have specific marketing reports for Port Moody and PoCo) showed a two-bedroom listing

TC

INSIDE: When is a budget increase not an increase? [pg. 7] / TC Sports [pg. 27]

FRIDAY, MARCH 10, 2017 Your community. Your stories.

TRI-CITY

NEWS

THEY’RE HAPPY [BUT ARE YOU SICK OF WINTER YET?]

in the City Centre neighbourhood made close to $26,000 in the last year — the highest in the city. Another property listed as a “short-term vacation rental” made $24,405 in the last 12 months while a three-bedroom home in the Ranch Park area earned approximately $20,000, according to Airdna. For people like Jenny Hsu and several other Airbnb hosts contacted by The Tri-City News, the website is a good way to make some extra cash. “My daughter goes to school in the [United] States and the tuition is quite high,” Hsu said in an email. “Having many things to do at home, it was difficult to find a job that could accommodate with my schedule, so running an Airbnb was something that had more flexibility, especially being just downstairs.” see LICENCE REQUIRED, page 4

Remember this guy? Mounties know his name and they’re out looking for him: see page 7

ANNA RICHTER PHOTO

Tri-City News reader Anna Richter snapped this photo Tuesday of her dogs Lola and Bentley at Coquitlam’s Mundy Park, romping happily in the snow. Homeowners who have to shovel and commuters who have to drive may be less pleased than the pooches.

CONTACT THE TRI-CITY NEWS: newsroom@tricitynews.com / sales@tricitynews.com / circulation@tricitynews.com / 604-472-3040

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