Is it profitable to do Airbnb in Cebu City, The Philippines?
What is the occupancy rate of Airbnb in Cebu City, The Philippines?
What is the average daily rate of Airbnb in Cebu City, The Philippines?
Philippines / Cebu City
Cebu City, Airbnb Market Statistics & Data, The Philippines
A typical short-term rental listing in Cebu City is booked for 208 nights a year, with a median occupancy rate of 57% and an average daily rate of PHP1,731. In 2023, a typical host income (annual revenue) was PHP377K. As of 12th September, 2024, there are 4,288 active Airbnb listings.
Average Revenue: PHP377K/yr
Occupancy Rate
57%
Avg Daily Rate
PHP1,731
Budget
No. of Listings
5,865
Big
YoY Revenue Change
-6.25%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
PHP26,618
Average
PHP31,632
High
PHP40,913
Is Airbnb Profitable in Cebu City?
Yes, there is good short-term rental demand. A 57% 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 Cebu City
Short-term rental regulation is lenient in Cebu 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.
We made a guide on things you need to know before starting an Airbnb in The Philippines, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Cebu City
A typical listing recorded a 57% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 37.83% of the guests are international guests, and visitors from Philippines 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: 57%
4,288 Active Listings
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Explore Cebu City's Airbnb Data ⟶
Best Areas in Cebu City for Airbnb
Are you wondering where to invest in Cebu City? Look no further!
- Magellan's Cross
- Basilica del Santo Niño
- Fort San Pedro
- Tops Lookout
- Cebu Taoist Temple
- Cebu Metropolitan Cathedral
- Sirao Flower Garden
- SM Seaside City Cebu
- Carbon Market
- Lapu-Lapu Shrine
Top demand Airbnb in Cebu 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 4,288 listings.
See 4,288 listing Statistics
Professional Short-term rental property managers in Cebu City
We've compiled a list of host profiles that manage the most Airbnb properties in Cebu City. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Cebu City
Here is a breakdown of short-let properties in Cebu 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.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type