Airbnb Market Analytics, Statistics and Data in Town of Sylvan Lake, 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 Sylvan Lake? 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 Sylvan Lake:
How much do Airbnb hosts make on average per month in Town of Sylvan Lake?
The short-term rental market in Town of Sylvan Lake 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 $2,935 per month
- Strong performing properties (top 25%) make $4,702 or more
- Best-in-class properties (top 10%) achieve $6,852+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,582
Revenue Variations by Month
Occupancy Rates Throughout the Year in Town of Sylvan Lake
The market in Town of Sylvan Lake 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 46% occupancy rates
- Strong performing properties (top 25%) achieve 67% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 27%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Town of Sylvan Lake
Daily rates in Town of Sylvan Lake 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 $171 per night
- Strong performing properties (top 25%) secure $239 or more
- Best-in-class properties (top 10%) pull in $319+ per night
- Entry-level properties (bottom 25%) earn around $120
Daily Rate Variations by Month
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Seasonality patterns in Town of Sylvan Lake
Peak Season (August, July, June)
- Revenue peaks at $5237.15 per month
- Occupancy rates reach 67.53%
- Daily rates average $228.21
Shoulder Season
- Revenue averages $3599.56 per month
- Occupancy maintains 47.40%
- Daily rates hold at $196.35
Low Season (November, December, January)
- Revenue drops to $1574.73 per month
- Occupancy decreases to 35.69%
- Daily rates adjust to $167.38
Is it still profitable to do Airbnb in Town of Sylvan Lake in 2025?
Yes! Town of Sylvan Lake demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 47% and strong monthly revenue averaging $3600 and The market's 152 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 Sylvan Lake
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Sylvan Lake Main Beach | Popular destination for families and tourists during the summer months, offering a variety of recreational activities and beach access. Ideal for attracting guests looking for lakefront fun and relaxation. | Sylvan Lake Provincial Park, Sylvan Lake Aqua Splash, Wakeboard Park, Kinsmen Beach, Sylvan Lake Farmers Market |
| Lakeshore Drive | Scenic road along the shoreline of Sylvan Lake, lined with restaurants and shops. Attracts visitors for its picturesque views and vibrant atmosphere. | The Lodge at Sylvan Lake, Various waterfront restaurants, Sylvan Lake Boardwalk, Mini golf courses, Boat rentals |
| Sylvan Lake Golf and Country Club | Great for golf enthusiasts and those looking for a relaxing retreat with great amenities. Offers both golfing and nearby accommodations. | Sylvan Lake Golf Course, Local dining options, Cultural events and tournaments, Pro shop, Nature walks |
| Sylvan Lake Marina | A focal point for water activities, including boating, fishing, and rentals. Attracts outdoor enthusiasts and families seeking lake adventures. | Boat rentals, Fishing opportunities, Water sports, Picnic areas, Nearby cafes |
| Sylvan Lake Nordic Centre | Ideal for winter sports enthusiasts, this area offers cross-country skiing and snowshoeing opportunities, attracting visitors year-round. | Ski trails, Nature views, Snowshoe rentals, Winter events, Skiing competitions |
| Cranberry Park | A family-friendly area with playgrounds and open spaces, perfect for those traveling with children who seek recreation close to the lake. | Playgrounds, Picnic areas, Walking trails, Community events, Sporting fields |
| Sylvan Lake Town Centre | The hub for shopping and dining, ideal for guests looking for convenience. Provides a mix of local boutiques and national chain stores. | Shops and boutiques, Local cafes, Restaurants, Cultural festivals, Markets |
| Sylvan Lake Cultural Centre | An area promoting arts and culture with various events throughout the year. Attracts visitors interested in cultural experiences. | Art exhibits, Music performances, Community events, Workshops, Theatre shows |
Do you need a license for Airbnb in Town of Sylvan Lake?
We recommend checking directly with Town of Sylvan Lake'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 Sylvan Lake
The Ohana No Service Fees Lake Side & GameRoom
Entire Place • 4 bedrooms
Oasis hot tub games min to beach
Entire Place • 4 bedrooms
The Big Comfy House
Entire Place • 4 bedrooms
Blue House
Entire Place • 4 bedrooms
The Lochlainn House (11 person hot tub, A/C)
Entire Place • 5 bedrooms
Stix Cottage
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Town of Sylvan Lake
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Nomadics Vacation Rentals | 9 | $518,072 | 612 | 4.73/5.0 |
| Vipin | 3 | $207,315 | 92 | 4.81/5.0 |
| Derrill | 1 | $126,740 | 40 | 4.63/5.0 |
| Valri | 2 | $118,219 | 236 | 4.96/5.0 |
| Parker | 2 | $80,312 | 50 | 4.87/5.0 |
| Mark | 1 | $79,108 | 51 | 4.80/5.0 |
| Whitney | 1 | $78,766 | 64 | 5.00/5.0 |
| Libby | 2 | $74,370 | 135 | 4.75/5.0 |
| Chris | 2 | $72,308 | 312 | 4.89/5.0 |
| Taryn | 2 | $71,935 | 380 | 4.83/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Town of Sylvan Lake
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 (96.1%), with house and outdoor & mobile properties comprising 84.2% of inventory
- Untapped potential in others, boutique & hotels, unique stays segments (7.3% combined)
Room Capacity Distribution
Analysis of 152 properties in Town of Sylvan Lake shows that 3 bedrooms properties are most prevalent, making up 36.2% of the market. The market tends to favor larger properties, with 3 bedrooms and 2 bedrooms together representing 61.2% of all listings.
Key Insights
- Most common: 3 bedrooms (36.2%)
- Least common: 5+ bedrooms (5.3%)
- Market concentration: 61.2% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 152 properties in Town of Sylvan Lake reveals that 8+ guests properties dominate the market, representing 44.1% of all listings. The average property accommodates 6.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 71.7% of the market.
Key Insights
- Most common capacity: 8+ guests (44.1% of market)
- Least common capacity: 2 guests (3.3% of market)
- Average guest capacity: 6.4 guests per property
- Market concentration: 71.7% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 152 properties in Town of Sylvan Lake, the most common availability pattern is 181-270 days (40.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (39.5% of properties).
Key Insights
- Most common availability window: 181-270 days (40.8%)
- Most common booking duration: 91-180 days (39.5%)
- Properties with high availability (180+ days): 73.7%
- Properties with long-term bookings (180+ days): 29.6%
Minimum Stay Distributions
1 Night
35 listings
27.8% of total
2 Nights
58 listings
46% of total
3 Nights
16 listings
12.7% of total
4-6 Nights
4 listings
3.2% of total
7-29 Nights
4 listings
3.2% of total
30+ Nights
9 listings
7.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 73.8%
- Mid-length stays (4-6 nights) represent 3.2% of listings
- Monthly+ stays (7.1%) suggest a stable extended-stay market
- High market flexibility with 86.5% 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
15.7% of total
Moderate
43 listings
33.9% of total
Firm
36 listings
28.3% of total
Strict
28 listings
22% of total
Key Insights
- Moderate is the preferred policy at 33.9% of listings
- The market shows a balanced distribution between guest-friendly (49.6%) and strict (50.3%) policies
- Flexible policies are least common at 15.7% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, May, averaging 82 days
- Shortest booking windows are in Nov, Jan, Feb, averaging 30 days
- Summer shows the longest average booking window at 77 days, while Winter has the shortest at 30 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 77 days in advance
- Consider early bird discounts during Winter 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 Sylvan Lake
Below is the distribution of amenities across listings in Town of Sylvan Lake:
Traveler Demographics
Key Insights
- Domestic travelers make up 95.1% of total guests, indicating a dominant local market share.
- Primary international markets: United States (2.6%) and United Kingdom (0.6%)
- English is the top language at 83.4%, followed by French (7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.6%
Recommendations
- Target marketing campaigns for Calgary and Edmonton 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 Sylvan Lake. 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% |
| Sundre | 12 | $2,580 | $174.74 | 39% |
| Town of Cochrane | 109 | $2,164 | $149.88 | 53% |
| Chestermere | 46 | $2,106 | $198.54 | 43% |
| Sherwood Park | 54 | $1,850 | $144.80 | 50% |
| Calgary | 3,957 | $1,674 | $119.71 | 53% |
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