Thunder Bay, Ontario short-term rentals run an average of 75% occupancy and $74 RevPAR across the year.
Thunder Bay short-term rentals run 75% average occupancy across the year, producing an annual RevPAR of $74 — occupancy multiplied by average daily rate.
From August 2025 to August 2026, Thunder Bay's occupancy is up 18.8% and RevPAR is up 16.3%.
On AirDNA's seasonality scale, Thunder Bay scores 87 out of 100, where a higher score means steadier demand year-round and a lower score means sharper peak-and-trough swings.
Thunder Bay's Seasonality subscore is 87 out of 100, one of five inputs to its overall Market Score of 99. A higher score means steadier demand across the year.
Seasonality is the percentage gap between Thunder Bay's lowest and highest monthly average revenue over the past year — the smaller the swing, the higher the score.
It is benchmarked against other short-term rental markets in the same country with at least 15 active listings.
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Key definitions
How occupancy and RevPAR rise and fall through the year in Thunder Bay, month by month.
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Frequently asked
Thunder Bay runs 75% annual occupancy.
Thunder Bay's short-term rental occupancy is up 18.8% from August 2025 to August 2026, currently 75% of available nights booked.
RevPAR (revenue per available rental) is occupancy multiplied by average daily rate. It reflects what a listing earns across every available night. Thunder Bay's annual RevPAR is $74.
Thunder Bay's RevPAR is up 16.3% from August 2025 to August 2026, currently $74.
Thunder Bay scores 87 out of 100 on AirDNA's seasonality scale. Higher scores mean steadier demand year-round.
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