Is it profitable to do Airbnb in 6th of October City, Egypt?
What is the occupancy rate of Airbnb in 6th of October City, Egypt?
What is the average daily rate of Airbnb in 6th of October City, Egypt?
Egypt
6th of October City, Airbnb Market Statistics & Data, Egypt
A typical short-term rental listing in 6th of October City is booked for 157 nights a year, with a median occupancy rate of 43% and an average daily rate of EGP2. In 2023, a typical host income (annual revenue) was EGP448. As of 12th September, 2024, there are 317 active Airbnb listings.
Average Revenue: EGP448/yr
Occupancy Rate
43%
Avg Daily Rate
EGP2
Budget
No. of Listings
586
Small
YoY Revenue Change
-15.56%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
EGP20
Average
EGP32
High
EGP42
Is Airbnb Profitable in 6th of October City?
No, there is good short-term rental demand. A 43% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in 6th of October City
Short-term rental regulation is lenient in 6th of October City. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in 6th of October City
A typical listing recorded a 43% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 74.76% of the guests are international guests, and visitors from Egypt is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 43%
317 Active Listings
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Explore 6th of October City's Airbnb Data ⟶
Best Areas in 6th of October City for Airbnb
Are you wondering where to invest in 6th of October City? Look no further!
Top demand Airbnb in 6th of October City
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 317 listings.
See 317 listing Statistics
Professional Short-term rental property managers in 6th of October City
We've compiled a list of host profiles that manage the most Airbnb properties in 6th of October City. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in 6th of October City
Here is a breakdown of short-let properties in 6th of October City. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
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