Airbnb Market Analytics, Statistics and Data in Town of Cochrane, Alberta, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Town of Cochrane? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Town of Cochrane:
How much do Airbnb hosts make on average per month in Town of Cochrane?
The short-term rental market in Town of Cochrane shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $1,961 per month
- Strong performing properties (top 25%) make $3,476 or more
- Best-in-class properties (top 10%) achieve $5,639+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,157
Revenue Variations by Month
Occupancy Rates Throughout the Year in Town of Cochrane
The market in Town of Cochrane shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 51% occupancy rates
- Strong performing properties (top 25%) achieve 71% or higher
- Best-in-class properties (top 10%) reach 86%+occupancy
- Entry-level properties (bottom 25%) average around 32%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Town of Cochrane
Daily rates in Town of Cochrane vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $104 per night
- Strong performing properties (top 25%) secure $177 or more
- Best-in-class properties (top 10%) pull in $269+ per night
- Entry-level properties (bottom 25%) earn around $76
Daily Rate Variations by Month
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Seasonality patterns in Town of Cochrane
Peak Season (June, July, August)
- Revenue peaks at $4028.75 per month
- Occupancy rates reach 75.37%
- Daily rates average $154.46
Shoulder Season
- Revenue averages $2895.25 per month
- Occupancy maintains 50.98%
- Daily rates hold at $145.47
Low Season (October, December, January)
- Revenue drops to $1580.87 per month
- Occupancy decreases to 34.86%
- Daily rates adjust to $137.82
Is it still profitable to do Airbnb in Town of Cochrane in 2025?
Yes! Town of Cochrane demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 51% and strong monthly revenue averaging $2895 and The market's 109 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Town of Cochrane
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Cochrane | The vibrant heart of Cochrane with shops, restaurants, and community events. Ideal for guests wanting to experience local culture and hospitality. | Cochrane Historic District, Cochrane Farmers’ Market, Cochrane Public Library, Cochrane Eco Centre, Cochrane RancheHistoric Site |
| Cochrane Ranch | A beautiful and scenic area along the river, perfect for nature lovers and outdoor activities. Guests can enjoy walking trails and wildlife viewing. | Cochrane Ranch House, Bow River Pathway, Cochrane Ranche Park, Cochrane Historical Museum, Cochrane River Park |
| West Cochrane | A residential area with new developments and close proximity to natural attractions, perfect for families and those looking for a quieter stay. | Glenbow Ranch Provincial Park, Cochrane Golf Club, Town of Cochrane parks, Family-friendly amenities, Community events |
| East Cochrane | Provides easy access to Calgary while maintaining a suburban feel, suitable for both business travelers and family vacations. | Cochrane Eagle's Nest, Cochrane's community parks, Nearby shopping centres, Proximity to major highways, Local dining options |
| Riverstone | A peaceful community nestled beside the Bow River, great for scenic river views and outdoor activities. | Riverstone Park, Bow River, Development of the Riverwalk, Walking & cycling trails, Nearby nature reserves |
| Sunset Ridge | An upscale neighborhood with panoramic views of the mountains and easy access to hiking trails and outdoor adventures. | Sunset Ridge Park, Mountain view outlooks, Cochrane's outdoor recreation space, Nearby Kananaskis wilderness, Hiking and biking trails |
| Monterra | A residential area with a balance of community living and access to recreational facilities, ideal for families or groups. | Monterra Park, Recreational amenities, Community events, Access to outdoor activities, Family-friendly environment |
| Cochrane Heights | A desirable area with established homes and a friendly community vibe, good for travelers looking for a home-like atmosphere. | Cochrane Heights Park, Local shops, Family-run businesses, Community markets, Parks and playgrounds |
Do you need a license for Airbnb in Town of Cochrane?
We recommend checking directly with Town of Cochrane's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Town of Cochrane
Home on the Big Hill
Entire Place • 5 bedrooms
*MOUNTAIN VIEW VILLA*
Entire Place • 9 bedrooms
Sundown Serenade Haven
Entire Place • 4 bedrooms
Full house • Pet friendly •
Entire Place • 4 bedrooms
Charming 3-BR Home near Banff Explore the Rockies!
Entire Place • 3 bedrooms
Cozy & Luxurious Ridge Home - including 2nd suite
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Town of Cochrane
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Cecily | 1 | $254,174 | 9 | 5.00/5.0 |
| Roland | 4 | $207,611 | 202 | 4.95/5.0 |
| Lacey | 5 | $159,139 | 289 | 4.82/5.0 |
| 199228083 | 1 | $149,605 | 141 | 4.84/5.0 |
| Rosanne | 3 | $101,544 | 98 | 4.89/5.0 |
| 145978114 | 1 | $76,788 | 13 | 4.92/5.0 |
| Guy | 2 | $67,937 | 362 | 4.96/5.0 |
| Aamir | 1 | $56,599 | 28 | 4.86/5.0 |
| Adelio | 1 | $54,995 | 26 | 4.96/5.0 |
| Jaimie | 1 | $48,945 | 18 | 4.94/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Town of Cochrane
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (84.4%), with house and others properties comprising 89.0% of inventory
- Untapped potential in apartment & condo, outdoor & mobile segments (4.6% combined)
Room Capacity Distribution
Analysis of 109 properties in Town of Cochrane shows that 1 bedroom properties are most prevalent, making up 36.7% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 57.8% of all listings.
Key Insights
- Most common: 1 bedroom (36.7%)
- Least common: 5+ bedrooms (2.8%)
- Market concentration: 57.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 109 properties in Town of Cochrane reveals that 4 guests properties dominate the market, representing 22% of all listings. The average property accommodates 4.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 8+ guests make up 43.1% of the market.
Key Insights
- Most common capacity: 4 guests (22% of market)
- Least common capacity: 1 guest (0.9% of market)
- Average guest capacity: 4.5 guests per property
- Market concentration: 43.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 109 properties in Town of Cochrane, the most common availability pattern is 181-270 days (36.7% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (35.8% of properties).
Key Insights
- Most common availability window: 181-270 days (36.7%)
- Most common booking duration: 91-180 days (35.8%)
- Properties with high availability (180+ days): 56.9%
- Properties with long-term bookings (180+ days): 45.0%
Minimum Stay Distributions
1 Night
28 listings
28.3% of total
2 Nights
49 listings
49.5% of total
3 Nights
11 listings
11.1% of total
4-6 Nights
2 listings
2% of total
7-29 Nights
3 listings
3% of total
30+ Nights
6 listings
6.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 77.8%
- Mid-length stays (4-6 nights) represent 2% of listings
- Monthly+ stays (6.1%) suggest a stable extended-stay market
- High market flexibility with 88.9% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
20 listings
21.5% of total
Moderate
36 listings
38.7% of total
Firm
30 listings
32.3% of total
Strict
7 listings
7.5% of total
Key Insights
- Moderate is the preferred policy at 38.7% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 60.2% of the market
- Strong market consensus around Moderate policies
- Strict policies are least common at 7.5% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, Jan, averaging 82 days
- Shortest booking windows are in Nov, Sep, Feb, averaging 42 days
- Summer shows the longest average booking window at 81 days, while Fall has the shortest at 47 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 81 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Feb when lead times are shortest
Popular Airbnb Amenities in Town of Cochrane
Every property in Town of Cochrane comes standard with Smoke alarm, and Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 71.9% of total guests, indicating a dominant local market share.
- Primary international markets: United States (18.3%) and United Kingdom (3.2%)
- English is the top language at 75.3%, followed by French (11.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.5%
Recommendations
- Target marketing campaigns for Edmonton and Toronto markets
- Develop localized content for United States and United Kingdom
- Prioritize English and French language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Town of Cochrane. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Banff | 136 | $5,704 | $430.10 | 47% |
| Canmore | 1,622 | $5,687 | $305.41 | 60% |
| Harvie Heights | 152 | $4,825 | $252.21 | 64% |
| CottageClub Ghost Lake | 11 | $4,309 | $376.68 | 43% |
| Dead Man's Flats | 127 | $3,943 | $306.82 | 55% |
| Bragg Creek | 48 | $3,320 | $203.77 | 60% |
| Foothills County | 10 | $3,251 | $218.74 | 48% |
| Sundre | 12 | $2,580 | $174.74 | 39% |
| Town of Sylvan Lake | 152 | $2,432 | $201.65 | 51% |
| Chestermere | 46 | $2,106 | $198.54 | 43% |
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