Is it profitable to do Airbnb in George Town, Malaysia?
What is the occupancy rate of Airbnb in George Town, Malaysia?
What is the average daily rate of Airbnb in George Town, Malaysia?
Malaysia / George Town
George Town, Airbnb Market Statistics & Data, Malaysia
A typical short-term rental listing in George Town is booked for 226 nights a year, with a median occupancy rate of 62% and an average daily rate of MYR247. In 2023, a typical host income (annual revenue) was MYR56K. As of 6th September, 2024, there are 1,706 active Airbnb listings.
Average Revenue: MYR56K/yr
Occupancy Rate
62%
Avg Daily Rate
MYR247
No. of Listings
3,728
Regulation
Lenient
Best Month
December
** Period: 2023 Aug - 2024 July | Last Updated on: 6th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MYR2,868
Average
MYR4,719
High
MYR5,939
Is Airbnb Profitable in George Town?
Yes, there is good short-term rental demand. A 62% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Average Airbnb Occupancy Rate in George Town
A typical listing recorded a 62% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution.
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.
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Explore George Town's Airbnb Data ⟶