Is it profitable to do Airbnb in Davao City, The Philippines?
What is the occupancy rate of Airbnb in Davao City, The Philippines?
What is the average daily rate of Airbnb in Davao City, The Philippines?
Philippines / Davao City
Davao City, Airbnb Market Statistics & Data, The Philippines
A typical short-term rental listing in Davao City is booked for 164 nights a year, with a median occupancy rate of 45% and an average daily rate of PHP1,904. In 2023, a typical host income (annual revenue) was PHP328K. As of 12th September, 2024, there are 2,418 active Airbnb listings.
Average Revenue: PHP328K/yr
Occupancy Rate
45%
Avg Daily Rate
PHP1,904
Budget
No. of Listings
3,537
Medium
YoY Revenue Change
-6.57%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
PHP23,502
Average
PHP27,515
High
PHP31,177
Is Airbnb Profitable in Davao City?
No, there is good short-term rental demand. A 45% 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 Davao City
Short-term rental regulation is lenient in Davao 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 Davao City
A typical listing recorded a 45% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 31.7% 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: 45%
2,418 Active Listings
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Explore Davao City's Airbnb Data ⟶
Best Areas in Davao City for Airbnb
Are you wondering where to invest in Davao City? Look no further!
- People's Park
- Eden Nature Park
- Davao Crocodile Park
- Mount Apo
- Malagos Garden Resort
- Philippine Eagle Center
- Jack's Ridge
- Davao Chinatown
- Matina Town Square
- Davao Museum of History and Ethnography
Top demand Airbnb in Davao 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 2,418 listings.
See 2,418 listing Statistics
Professional Short-term rental property managers in Davao City
We've compiled a list of host profiles that manage the most Airbnb properties in Davao City. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Davao City
Here is a breakdown of short-let properties in Davao 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