Is Airbnb legal in Cairo?

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Cairo, Egypt Airbnb Rules & Regulations

Last updated on: 14th August, 2024

Don’t worry, Airbnb is legal in Cairo!
Here are some statistics! As of 14th August, 2024, there are 3,514 listings available in Cairo from Airbnb alone. Brassbell manages 121 listings, while Alshemy Hospitality and Ahmed operates 46 and 42 respectively. Out of 3,514 listings, 0% of listings have short-term rental licenses. Most listings are operating without official license. It means short-term rental regulation isn't strictly enforced in Cairo.
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Map
Occupancy Rate

54%

EGP2

Daily Rate

EGP565

Revenue (2023)

3,514

Number of Listings

Short-term Rental Regulation & Rules in Cairo

In Cairo, recent regulations have been established for short-term rentals facilitated through platforms like Airbnb. The Cairo City Council approved a new ordinance that allows property owners to rent out their residential spaces for periods of up to 30 days. This ordinance, effective from March 23, mandates that hosts comply with local hotel and motel tax regulations and pay a fee of $75 to begin hosting.

The decision to permit short-term rentals came in response to community interest. Council members emphasized that the ordinance was refined after reviewing similar regulations in other municipalities, both local and in major U.S. cities. The regulatory framework aims to create a balance between fostering tourism and ensuring proper oversight of rental practices.

As hosts, property owners are reminded to adhere to local laws, which include maintaining the appropriate licensing and tax obligations. This development signifies Cairo’s recognition of the growing sharing economy and the importance of regulating it to benefit local communities and the broader tourism sector.

Airbnb Statistics in Cairo! 🚀

Currently, there are 3,514 Airbnb listings in Cairo, with 39% of entire houses earning up to EGP45 a month. The Average Occupancy Rate in Cairo is 54% and the average daily rate is EGP2. According to vacation rental market data source Airbtics, a 2-bedroom apartment in Cairo can make up to EGP626 each year.
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