Is it profitable to do Airbnb in Eilat, Israel?
What is the occupancy rate of Airbnb in Eilat, Israel?
What is the average daily rate of Airbnb in Eilat, Israel?
Israel / Eilat
Eilat, Airbnb Market Statistics & Data, Israel
A typical short-term rental listing in Eilat is booked for 186 nights a year, with a median occupancy rate of 51% and an average daily rate of ₪689. In 2023, a typical host income (annual revenue) was ₪124K. As of 12th September, 2024, there are 1,198 active Airbnb listings.
Average Revenue: ₪124K/yr
Occupancy Rate
51%
Avg Daily Rate
₪689
Mid Scale
No. of Listings
1,695
Medium
YoY Revenue Change
9.35%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
₪5,354
Average
₪9,413
High
₪16,605
Is Airbnb Profitable in Eilat?
Yes, there is good short-term rental demand. A 51% 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 Eilat
Short-term rental regulation is lenient in Eilat. 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 Eilat
A typical listing recorded a 51% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 39.58% of the guests are international guests, and visitors from Israel 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: 51%
1,198 Active Listings
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Explore Eilat's Airbnb Data ⟶
Best Areas in Eilat for Airbnb
Are you wondering where to invest in Eilat? Look no further!
- Coral Beach Nature Reserve
- Dolphin Reef
- Eilat Underwater Observatory Marine Park
- Timna Park
- Kings City
- Eilat Museum
- Mall Hayam
- Mifrats Eilat Promenade
- Red Canyon
- Eilat Botanical Garden
Top demand Airbnb in Eilat
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 1,198 listings.
See 1,198 listing Statistics
Professional Short-term rental property managers in Eilat
We've compiled a list of host profiles that manage the most Airbnb properties in Eilat. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Eilat
Here is a breakdown of short-let properties in Eilat. 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