Candle Lake Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Saskatchewan, Canada
Is Airbnb profitable in Candle Lake in 2025? Explore comprehensive Airbnb analytics for Candle Lake, Saskatchewan, Canada to uncover income potential. This 2025 STR market report for Candle Lake, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 35 active listings.
Whether you're considering an Airbnb investment in Candle Lake, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Candle Lake Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Candle Lake Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Candle Lake (2025)
Understanding the monthly revenue variations for Airbnb listings in Candle Lake is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Candle Lake is typically July, while January often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Candle Lake across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,550+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,172 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,043 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,231, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Candle Lake
Candle Lake Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Candle Lake STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees the highest demand (peak season occupancy), while January experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Candle Lake:
- Best-in-class properties (Top 10%) achieve 66%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 47% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 29%.
- Entry-level properties (Bottom 25%) average 19% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Candle Lake
Average Daily Rate (ADR) Airbnb Trends in Candle Lake (2025)
Effective short term rental pricing strategy in Candle Lake involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Candle Lake typically peaks in November and dips lowest during April. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $251+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $214 or more.
- Typical properties (Median) charge around $180 per night.
- Entry-level properties (Bottom 25%) earn around $163 per night.
Average Daily Rate (ADR) Trend by Month in Candle Lake
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Airbnb Seasonality Analysis & Trends in Candle Lake (2025)
Peak Season (July, August, June)
- Revenue averages $4,500 per month
- Occupancy rates average 62.0%
- Daily rates average $197
Shoulder Season
- Revenue averages $1,891 per month
- Occupancy maintains around 28.6%
- Daily rates hold near $193
Low Season (January, October, December)
- Revenue drops to average $1,401 per month
- Occupancy decreases to average 20.2%
- Daily rates adjust to average $196
Seasonality Insights for Candle Lake
- The Airbnb seasonality in Candle Lake shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Candle Lake's highest earning potential, with monthly revenues capable of climbing to $5,297, occupancy reaching a high of 78.2%, and ADRs peaking at $202.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,286, occupancy could drop to 17.1%, and ADRs may adjust down to $186.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Candle Lake.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Candle Lake seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Candle Lake (2025)
Exploring the top neighborhoods for short-term rentals in Candle Lake? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Candle Lake Provincial Park | A natural attraction featuring beautiful lakes, forests, and outdoor activities. Ideal for nature lovers and families looking to escape to the outdoors for camping, fishing, and water sports. | Candle Lake, Candle Lake Provincial Park, Fishing spots, Hiking trails, Campgrounds, Water sports activities |
| The Village of Candle Lake | A charming community that serves as a hub for visitors to the region. Offers a quaint small-town feel with local shops and eateries, perfect for tourists looking for a relaxing getaway. | Local shops, Restaurants, Candle Lake Golf Course, Community events, Art in the park, Scenic views |
| Candle Lake Beach | A popular spot for visitors during the summer months. Perfect for families and beach-goers looking for sunbathing, swimming, and picnicking by the water. | Swimming area, Picnic spots, Playground, Beach activities, Nature trails, Sunbathing opportunities |
| Candle Lake Golf Resort | A top-rated golf course that attracts golf enthusiasts year-round. Offers stunning views and a well-maintained course, appealing to visitors who enjoy golfing. | 18-hole golf course, Clubhouse, Pro shop, Golf tournaments, Golf lessons, Scenic views |
| The Candle Lake Marina | Offers boat rentals and access to water sports, making it a prime location for those wanting to explore the lake and engage in various water activities. | Boat rentals, Fishing supplies, Water sports equipment, Marina services, Wildlife viewing, Sunset cruises |
| Candle Lake Trails | A network of trails for hiking and snowmobiling that attract outdoor enthusiasts. Suitable for both summer and winter activities. | Winter sports, Hiking, Mountain biking, Snowmobiling, Nature viewing, Trail maps |
| Candle Lake Ice Fishing | A popular winter activity that attracts fishing enthusiasts. Ice fishing houses and guided tours are available, making it a unique winter experience. | Ice fishing shacks, Guided fishing tours, Fishing competitions, Winter festivals, Local wildlife, Snowshoeing |
| Local Events and Festivals | Various seasonal events and festivals that showcase local culture and community spirit. These attract tourists and are great for short-term rentals during peak times. | Summer festivals, Winter markets, Cultural events, Music festivals, Art fairs, Food and craft shows |
Understanding Airbnb License Requirements & STR Laws in Candle Lake (2025)
While Candle Lake, Saskatchewan, Canada currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Candle Lake to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Candle Lake (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Candle Lakebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Treehouse Escape
Entire Place • 3 bedrooms
Sunset Lodge at Candle Lake, sleeps 12
Entire Place • 5 bedrooms
Touch of Icelandic charm in heart of Candle Lake
Entire Place • 3 bedrooms
Candle Lake Cozy Cottage
Entire Place • 3 bedrooms
Cozy Cabin-Candle Lake, SK (Aspen Ridge)
Entire Place • 2 bedrooms
Spacious & Private Cabin w/Wi-Fi
Entire Place • 4 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Candle Lake (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Candle Lake based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Kelsey | 4 | $47,694 | 110 | 4.95/5.0 |
| Amy | 1 | $46,551 | 12 | 5.00/5.0 |
| Richelle | 1 | $45,426 | 15 | 5.00/5.0 |
| Shelley | 1 | $38,020 | 46 | 4.93/5.0 |
| Tracy | 1 | $37,431 | 14 | 4.93/5.0 |
| Mitch | 1 | $37,424 | 14 | 4.79/5.0 |
| Tyler | 1 | $34,993 | 16 | 4.94/5.0 |
| Jen | 1 | $33,466 | 27 | 5.00/5.0 |
| Caitlin And Stacey | 1 | $32,070 | 6 | 4.67/5.0 |
| Ruby | 1 | $29,408 | 19 | 4.79/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Candle Lake.
Dive Deeper: Advanced Candle Lake STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Candle Lake. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsCandle Lake Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Candle Lake
- The Candle Lake Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 97.1% of the 35 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Candle Lake, Outdoor/Unique properties are the most common (77.1%), reflecting the local real estate landscape.
- Houses represent a significant 22.9% portion, catering likely to families or larger groups.
Candle Lake Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Candle Lake
- The dominant room capacity in Candle Lake is 3 bedrooms listings, making up 51.4% of the market. This suggests a strong demand for properties suitable for families or small groups.
- Together, 3 bedrooms and 2 bedrooms properties represent 77.1% of the active Airbnb listings in Candle Lake, indicating a high concentration in these sizes.
- A significant 74.3% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Candle Lake.
Candle Lake Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Candle Lake
- The most common guest capacity trend in Candle Lake vacation rentals is listings accommodating 8+ guests (45.7%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 8+ guests and 6 guests dominate the Candle Lake STR market, accounting for 77.1% of listings.
- 85.7% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Candle Lake.
- On average, properties in Candle Lake are equipped to host 6.7 guests.
Candle Lake Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Candle Lake
- The most common availability pattern in Candle Lake falls within the 271-366 days range, representing 48.6% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 91.5% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Candle Lake (45.7%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 8.6% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Candle Lake Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
2 Nights
13 listings
40.6% of total
3 Nights
10 listings
31.3% of total
4-6 Nights
6 listings
18.8% of total
30+ Nights
3 listings
9.4% of total
Key Insights
- The most prevalent minimum stay requirement in Candle Lake is 2 Nights, adopted by 40.6% of listings. This highlights the market's preference for shorter, flexible bookings.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 40.6% of Candle Lake hosts use this setting.
- A 2-night minimum appears standard (40.6%). Consider this for weekends or peak periods.
- Explore offering discounts for stays of 30+ nights to attract the 9.4% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Candle Lake.
Candle Lake Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
2 listings
6.3% of total
Moderate
8 listings
25% of total
Firm
8 listings
25% of total
Strict
14 listings
43.8% of total
Cancellation Policy Insights for Candle Lake
- The prevailing Airbnb cancellation policy trend in Candle Lake is Strict, used by 43.8% of listings.
- A majority (68.8%) of hosts in Candle Lake utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 43.8% market standard in Candle Lake.
- With 43.8% using Strict terms, this is a viable option in Candle Lake, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Candle Lake.
Candle Lake STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Candle Lake
- The overall average booking lead time for vacation rentals in Candle Lake is 57 days.
- Guests book furthest in advance for stays during July (average 143 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in December (average 29 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (111 days avg.) sees the longest lead times, while Winter (40 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (57 days) as a baseline for your pricing and availability strategy in Candle Lake.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 143 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 111 days) to capture early planners.
- Monitor your own booking lead times against these Candle Lake averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Candle Lake (2025)
Amenity Prevalence
Amenity Insights for Candle Lake
- Essential amenities in Candle Lake that guests expect include: Free parking on premises, TV, Kitchen, Smoke alarm, Heating, Coffee maker, Hot water, Dishes and silverware. Lacking these (any) could significantly impact bookings.
- Popular amenities like Fire pit, BBQ grill are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Candle Lake: Free parking on premises, TV, Kitchen, Smoke alarm, Heating, Coffee maker, Hot water, Dishes and silverware.
- Prioritize adding missing essentials: Heating, Coffee maker, Hot water, Dishes and silverware.
- Consider adding popular differentiators like Fire pit or BBQ grill to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Candle Lake to stay competitive.
Candle Lake Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Candle Lake
- The typical guest profile for Airbnb in Candle Lake consists of primarily domestic travelers (95%), often arriving from nearby Saskatoon, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or French.
- Domestic travelers account for 94.6% of guests.
- Key international markets include Canada (94.6%) and United States (3%).
- Top languages spoken are English (73%) followed by French (9.5%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Saskatoon and Regina.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Candle Lake Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Lakeland No. 521 | 13 | $2,541 | $199.90 | 44% |
| Christopher Lake | 21 | $1,170 | $164.08 | 37% |
| Saskatoon | 556 | $1,115 | $76.98 | 56% |
| Prince Albert | 35 | $1,068 | $84.31 | 49% |
| Big River | 27 | $822 | $110.77 | 33% |