Is it profitable to do Airbnb in Chichen Itza, Mexico?
What is the occupancy rate of Airbnb in Chichen Itza, Mexico?
What is the average daily rate of Airbnb in Chichen Itza, Mexico?
Mexico
Chichen Itza, Airbnb Market Statistics & Data, Mexico
A typical short-term rental listing in Chichen Itza is booked for 110 nights a year, with a median occupancy rate of 30% and an average daily rate of MXN772. In 2023, a typical host income (annual revenue) was MXN90K. As of 12th September, 2024, there are 28 active Airbnb listings.
Average Revenue: MXN90K/yr
Occupancy Rate
30%
Avg Daily Rate
MXN772
Budget
No. of Listings
43
Small
YoY Revenue Change
-7.69%
Best Month
December
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MXN4,009
Average
MXN7,764
High
MXN11,796
Is Airbnb Profitable in Chichen Itza?
No, there is good short-term rental demand. A 30% 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 Chichen Itza
Short-term rental regulation is lenient in Chichen Itza. 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 Chichen Itza
A typical listing recorded a 30% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 77.66% of the guests are international guests, and visitors from United states 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: 30%
28 Active Listings
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Explore Chichen Itza's Airbnb Data ⟶
Best Areas in Chichen Itza for Airbnb
Are you wondering where to invest in Chichen Itza? Look no further!
- El Castillo (Temple of Kukulcan)
- Great Ball Court
- Temple of the Warriors
- Sacred Cenote
- Platform of the Eagles and Jaguars
- El Caracol (Observatory)
- Tzompantli
- Group of the Thousand Columns
- Temple of the Jaguars
- Temple of the Skulls
Top demand Airbnb in Chichen Itza
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 28 listings.
See 28 listing Statistics
Other short-term rental market data in Chichen Itza
Here is a breakdown of short-let properties in Chichen Itza. 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