Is it profitable to do Airbnb in Ha Long Bay, Vietnam?
What is the occupancy rate of Airbnb in Ha Long Bay, Vietnam?
What is the average daily rate of Airbnb in Ha Long Bay, Vietnam?
Vietnam / Ha Long Bay
Ha Long Bay, Airbnb Market Statistics & Data, Vietnam
A typical short-term rental listing in Ha Long Bay is booked for 102 nights a year, with a median occupancy rate of 28% and an average daily rate of VND1,039,145. In 2023, a typical host income (annual revenue) was VND119M. As of 12th September, 2024, there are 660 active Airbnb listings.
Average Revenue: VND119M/yr
Occupancy Rate
28%
Avg Daily Rate
VND1,039,145
Budget
No. of Listings
1,550
Medium
YoY Revenue Change
-22.41%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
VND7,908,020
Average
VND9,707,229
High
VND13,914,405
Is Airbnb Profitable in Ha Long Bay?
No, there is good short-term rental demand. A 28% 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 Ha Long Bay
Short-term rental regulation is lenient in Ha Long Bay. 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 Ha Long Bay
A typical listing recorded a 28% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 69.22% of the guests are international guests, and visitors from Vietnam 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: 28%
660 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Ha Long Bay's Airbnb Data ⟶
Best Areas in Ha Long Bay for Airbnb
Are you wondering where to invest in Ha Long Bay? Look no further!
- Tuan Chau Island
- Cat Ba Island
- Thien Cung Cave
- Dau Go Cave
- Titop Island
- Sung Sot Cave
- Bai Tu Long Bay
- Cua Van Fishing Village
- Halong Bay Floating Villages
- Halong Bay Cruise
Top demand Airbnb in Ha Long Bay
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 660 listings.
See 660 listing Statistics
Professional Short-term rental property managers in Ha Long Bay
We've compiled a list of host profiles that manage the most Airbnb properties in Ha Long Bay. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Ha Long Bay
Here is a breakdown of short-let properties in Ha Long Bay. 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