Airbnb Market Analytics, Statistics and Data in Radium Hot Springs, British Columbia, Canada
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Radium Hot Springs? 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 Radium Hot Springs:
How much do Airbnb hosts make on average per month in Radium Hot Springs?
The short-term rental market in Radium Hot Springs 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 $1,713 per month
- Strong performing properties (top 25%) make $3,252 or more
- Best-in-class properties (top 10%) achieve $4,915+ monthly
- Entry-level properties (bottom 25%) typically earn around $885
Revenue Variations by Month
Occupancy Rates Throughout the Year in Radium Hot Springs
The market in Radium Hot Springs 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 35% occupancy rates
- Strong performing properties (top 25%) achieve 51% or higher
- Best-in-class properties (top 10%) reach 67%+occupancy
- Entry-level properties (bottom 25%) average around 18%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Radium Hot Springs
Daily rates in Radium Hot Springs 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 $140 per night
- Strong performing properties (top 25%) secure $182 or more
- Best-in-class properties (top 10%) pull in $234+ per night
- Entry-level properties (bottom 25%) earn around $106
Daily Rate Variations by Month
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Seasonality patterns in Radium Hot Springs
Peak Season (July, August, June)
- Revenue peaks at $3921.80 per month
- Occupancy rates reach 61.95%
- Daily rates average $182.86
Shoulder Season
- Revenue averages $2307.53 per month
- Occupancy maintains 36.49%
- Daily rates hold at $154.96
Low Season (October, November, January)
- Revenue drops to $948.42 per month
- Occupancy decreases to 22.81%
- Daily rates adjust to $128.62
Is it still profitable to do Airbnb in Radium Hot Springs in 2025?
Yes! Radium Hot Springs demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 36% and solid monthly revenue averaging $2308 and The market's 162 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 Radium Hot Springs
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Main Street | The heart of Radium Hot Springs, featuring local shops, restaurants, and easy access to natural hot springs. Great for tourists looking to enjoy local culture and relaxation. | Radium Hot Springs Pools, Kootenay National Park, Radium Golf Course, Local eateries and cafes, Nature walks and trails |
| Radium Hot Springs Resort Area | A wonderful area for relaxation with resorts offering spa services, stunning views, and proximity to hot springs, appealing to visitors seeking rejuvenation. | Spa treatments, Hot Springs, Golfing, Beautiful mountain views, Outdoor activities like hiking and biking |
| Kootenay National Park | A natural wonder with stunning landscapes, hiking trails, and abundant wildlife, drawing outdoor enthusiasts and nature lovers to Radium. | Pinnacles Viewpoint, Numa Falls, Marble Canyon, Wildlife viewing, Hiking and camping sites |
| Eagle Ranch | An upscale area known for its golf course and luxury accommodation, attracting visitors seeking a more refined experience with beautiful scenery. | Eagle Ranch Golf Course, Mountain biking trails, Kayaking on the Columbia River, Scenic viewpoints |
| Windermere Lake | Just a short drive from Radium, this area is popular with families looking for lake activities such as swimming, boating, and relaxation by the water. | Windermere Lake beach, Boat rentals, Fishing opportunities, Family-friendly parks, Water sports |
| Invermere | Nearby town offering vibrant arts and culture, shopping, and dining, making it a great base for exploring the region. | Pynelogs Cultural Centre, Lake Windermere, Local events and festivals, Restaurants and shops |
| Columbia Valley | Known for its beautiful scenery and outdoor activities year-round, this area is perfect for those seeking adventure or relaxation in nature. | Hiking trails, Fishing spots, Winter sports skiing nearby, Scenic drives, Wildlife tours |
| Canadian Rockies | A broader appeal area known for breathtaking mountain scenery, draws tourists who want to explore majestic landscapes and partake in outdoor adventures. | Banff National Park, Yoho National Park, Scenic drives, Hiking and climbing, Wildlife watching |
Do you need a license for Airbnb in Radium Hot Springs?
Yes, Radium Hot Springs requires a license for operating an Airbnb. Current market data shows 51% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Radium Hot Springs
5BR Golf and Ski Cabin with Hot Tub
Entire Place • 5 bedrooms
Wide Open Spaces | Hot Tub | Springs Golf Course
Entire Place • 5 bedrooms
Cedar & Sage | Hot Tub | A-Frame | Family Friendly
Entire Place • 4 bedrooms
Conifer Cottage | Hot Tub | Peaceful | Foosball
Entire Place • 4 bedrooms
Sleeps 12: Luxury Retreat Near Radium Hot Springs
Entire Place • 4 bedrooms
Serene Peaks | Private Hot Tub | Peaceful
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Radium Hot Springs
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Aisling Baile | 33 | $1,206,346 | 935 | 4.71/5.0 |
| Shawna | 11 | $286,279 | 220 | 4.42/5.0 |
| 29011780 | 2 | $177,716 | 38 | 4.95/5.0 |
| Lance | 19 | $170,233 | 295 | 4.69/5.0 |
| Natasha | 8 | $157,450 | 717 | 4.92/5.0 |
| Bnbsy | 1 | $76,430 | 45 | 4.98/5.0 |
| Tiffany | 1 | $71,075 | 12 | 5.00/5.0 |
| Wayne | 7 | $67,208 | 80 | 4.79/5.0 |
| David | 3 | $66,289 | 93 | 4.55/5.0 |
| Dana | 1 | $52,008 | 46 | 4.98/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Radium Hot Springs
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 (74.7%), with apartment & condo and house properties comprising 71.6% of inventory
- Strong specialty sector (26.6%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in outdoor & mobile, others segments (4.4% combined)
Room Capacity Distribution
Analysis of 162 properties in Radium Hot Springs shows that 2 bedrooms properties are most prevalent, making up 40.1% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 65.4% of all listings.
Key Insights
- Most common: 2 bedrooms (40.1%)
- Least common: 5+ bedrooms (4.3%)
- Market concentration: 65.4% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 162 properties in Radium Hot Springs reveals that 4 guests properties dominate the market, representing 43.2% of all listings. The average property accommodates 5.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 8+ guests make up 63.0% of the market.
Key Insights
- Most common capacity: 4 guests (43.2% of market)
- Least common capacity: 3 guests (1.2% of market)
- Average guest capacity: 5.0 guests per property
- Market concentration: 63.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 162 properties in Radium Hot Springs, the most common availability pattern is 271-366 days (43.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (37% of properties).
Key Insights
- Most common availability window: 271-366 days (43.8%)
- Most common booking duration: 91-180 days (37%)
- Properties with high availability (180+ days): 78.4%
- Properties with long-term bookings (180+ days): 22.8%
Minimum Stay Distributions
1 Night
45 listings
30% of total
2 Nights
47 listings
31.3% of total
3 Nights
11 listings
7.3% of total
30+ Nights
47 listings
31.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 61.3%
- Mid-length stays (4-6 nights) represent 0% of listings
- Monthly+ stays (31.3%) suggest a stable extended-stay market
- High market flexibility with 68.6% 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
Super Strict 30 Days
1 listings
0.6% of total
Flexible
34 listings
22.1% of total
Moderate
72 listings
46.8% of total
Firm
28 listings
18.2% of total
Strict
19 listings
12.3% of total
Key Insights
- Moderate is the preferred policy at 46.8% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 68.9% of the market
- Strong market consensus around Moderate policies
- Super Strict 30 Days policies are least common at 0.6% 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, Sep, Jun, averaging 82 days
- Shortest booking windows are in Oct, Jan, Nov, averaging 39 days
- Summer shows the longest average booking window at 77 days, while Winter has the shortest at 46 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 Oct-Nov when lead times are shortest
Popular Airbnb Amenities in Radium Hot Springs
Every property in Radium Hot Springs comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 71.3% of total guests, indicating a dominant local market share.
- Primary international markets: United States (19.2%) and Germany (2.5%)
- English is the top language at 79.4%, followed by French (8.7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.4%
Recommendations
- Target marketing campaigns for Calgary and Edmonton markets
- Develop localized content for United States and Germany
- 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 Radium Hot Springs. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Lake Louise | 17 | $6,975 | $462.52 | 43% |
| Banff | 136 | $5,704 | $430.10 | 47% |
| Canmore | 1,622 | $5,687 | $305.41 | 60% |
| Harvie Heights | 152 | $4,825 | $252.21 | 64% |
| Dead Man's Flats | 127 | $3,943 | $306.82 | 55% |
| Area A (Kicking Horse/Kinbasket Lake) | 458 | $3,457 | $244.94 | 52% |
| Area B (Lake Koocanusa) | 28 | $2,912 | $355.20 | 41% |
| Area F (Columbia Lake/Windermere Lake) | 417 | $2,636 | $229.37 | 44% |
| Invermere | 215 | $2,610 | $200.25 | 48% |
| Kimberley | 169 | $2,452 | $206.82 | 45% |
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