Owning a vacation property in British Columbia comes with a unique advantage — the province offers something for every traveler, year-round. From the sandy beaches of Vancouver Island to the snow-covered peaks of the Canadian Rockies, British Columbia is a four-season destination.
But while demand may shift with the seasons, your earning potential doesn’t have to. The secret? Strategic seasonal pricing. By adjusting your nightly rates, minimum stay requirements, and promotions to match the market, you can maximize income while keeping your property consistently booked.
In this guide, we’ll break down seasonal pricing strategies that work in BC, drawing on trends we see across the province in destinations like Parksville, Sooke, Radium Hot Springs, and Harrison Hot Springs.
Why Seasonal Pricing Matters in BC
Seasonal pricing — also called dynamic or demand-based pricing — is the practice of adjusting your rates based on travel demand. This matters because:
-
BC’s demand patterns are highly seasonal. A beachfront condo may book solid from June through August, but need competitive rates in January to attract off-season visitors.
-
Events and weather can drive sudden demand spikes. From ski weekends to festivals, travelers are willing to pay more during high-demand dates.
-
Competition is always changing. As more owners list on Airbnb, Vrbo, and other platforms, you need to keep your pricing competitive without undervaluing your property.
When done well, seasonal pricing allows you to earn more during peak periods while filling your calendar in quieter months.
Step 1: Understand BC’s Tourism Seasons
While micro-markets vary, most BC vacation rental destinations follow four general booking seasons:
Peak Season
-
When: Typically June–August for summer destinations; December–March for ski and winter resorts.
-
Characteristics: High occupancy, high demand, premium rates.
-
Example: Oceanfront units can command their highest rates in July and August, while ski hill condos peak during Christmas and spring break for skiers.
Shoulder Season
-
When: April–May and September–October in most markets.
-
Characteristics: Mild weather, fewer crowds, travelers seeking deals.
-
Example: Couples retreats often sell well in October with slightly reduced rates paired with romantic getaway packages.
Low Season
-
When: November and January–early March (outside ski areas).
-
Characteristics: Lowest demand, locals or niche travelers.
-
Example: Lower Mainland may see fewer tourists in January, but can attract business travelers or winter hikers with competitive rates.
Event & Holiday Peaks
-
When: Long weekends, local festivals, special events.
-
Characteristics: Short bursts of very high demand.
-
Example: The Columbia Valley Classics Car Show in September drives a surge in Radium bookings, often matching or exceeding summer rates.
Step 2: Use a Tiered Pricing Strategy
A good rule of thumb for BC vacation rentals is to set three to five rate tiers throughout the year. For example:
- High Peak Rate – Premium summer weeks or winter holidays.
- Mid Peak Rate – Shoulder season weekends and event weeks.
- Standard Rate – Non-peak weekdays in shoulder season.
- Low Season Rate – Midweek stays in winter (for non-ski areas).
- Special Event Rate – Higher pricing for unique high-demand dates.
Pro Tip: Pair higher rates with slightly longer minimum stays in peak season (e.g., 4–7 nights), and allow shorter stays in low season to encourage bookings.
Step 3: Monitor Competitor Rates in Your Area
Seasonal pricing isn’t just about guessing when people will come — it’s about understanding your competition.
-
Use tools like AirDNA, PriceLabs, KeyDataDashboard or Wheelhouse to see what similar BC properties are charging.
-
Check Airbnb and Vrbo manually for your area, filtering for similar property size, amenities, and location.
-
Watch for gaps in the market — for example, if most 2-bedroom units are booked for a fishing derby weekend, you can increase your rates slightly.
Step 4: Consider BC-Specific Events & Attractions
Each region has unique events and seasonal draws that can shape your pricing:
-
Vancouver Island: Whale watching season, Storm Watching in Tofino (Nov–Feb), Parksville Beach Festival (July).
-
Kootenays: Golf season openings, car shows, ski season.
-
Okanagan: Wine harvest season (Sept–Oct), music festivals, summer lake season.
-
Lower Mainland: Tulip festivals, concerts, international sporting events.
Plan your pricing calendar at the start of the year, adding event surcharges for weekends with unusually high demand.
Step 5: Leverage Length-of-Stay Discounts
To help fill gaps in your low or shoulder seasons, offer weekly or monthly discounts:
-
Example: “Stay 7 nights, pay for 6” or “Save 20% on stays over 28 nights.”
-
This can be especially appealing to remote workers, retirees, or long-term snowbirds in BC.
Step 6: Use Minimum Stay Rules Strategically
Minimum stays are a powerful lever in seasonal pricing:
-
Peak Season: Longer minimum stays (4–7 nights) maximize high-demand weeks.
-
Shoulder Season: Reduce to 2–3 nights to capture weekend getaways.
-
Low Season: Allow 1-night stays to attract last-minute bookings.
Step 7: Add Value, Don’t Just Drop Price
Sometimes, adding a perk can be more effective than lowering rates:
-
Include a complimentary wine tasting voucher in the Okanagan.
-
Offer free late checkout for off-season bookings.
-
Bundle experiences like guided hikes, spa discounts, or kayak rentals.
These small touches can improve your perceived value and increase bookings without deep discounts.
Step 8: Automate Your Pricing
If you want to take the guesswork out of seasonal adjustments, consider dynamic pricing tools that automatically change your rates based on demand, competition, and booking trends.
At True Key Vacations, we use professional revenue management systems to:
-
Adjust rates daily based on market data.
-
Identify underperforming periods and launch promotions.
-
Maximize revenue during high-demand events.
Step 9: Track & Adjust Each Year
Your first year of seasonal pricing will give you a baseline, but the real power comes from year-over-year adjustments.
-
Track occupancy, average daily rate (ADR), and revenue per available night (RevPAR).
-
Identify “missed” opportunities where you could have charged more.
-
Note slow weeks that need stronger promotions next year.
How True Key Vacations Can Help
Managing a BC vacation rental is rewarding — but keeping up with market changes, seasonal demand, and competitor rates can be a full-time job. That’s where we come in.
True Key Vacations offers full-service vacation rental management for properties across British Columbia, combining:
-
Professional pricing & revenue management.
- Local expertise to anticipate BC travel trends.
-
Guest service excellence that drives repeat bookings.
Our goal? To make your property more profitable and less stressful to manage.
Key Takeaways
-
Seasonal pricing allows you to earn more during high demand and stay competitive in slower months.
-
Understand your destination’s unique peak, shoulder, and low seasons.
-
Factor in BC-specific events and attractions when adjusting rates.
-
Use a mix of rate tiers, minimum stays, and value-added perks.
-
Track results annually and refine your approach.
Ready to maximize your BC vacation rental income?
Contact True Key Vacations today to learn how our expert pricing strategies can work for your property.