Is it profitable to do Airbnb in Miguel Hidalgo, Mexico?
What is the occupancy rate of Airbnb in Miguel Hidalgo, Mexico?
What is the average daily rate of Airbnb in Miguel Hidalgo, Mexico?
Mexico
Miguel Hidalgo, Airbnb Market Statistics & Data, Mexico
A typical short-term rental listing in Miguel Hidalgo is booked for 248 nights a year, with a median occupancy rate of 68% and an average daily rate of MXN1,304. In 2023, a typical host income (annual revenue) was MXN310K. As of 12th September, 2024, there are 3,762 active Airbnb listings.
Average Revenue: MXN310K/yr
Occupancy Rate
68%
Avg Daily Rate
MXN1,304
Budget
No. of Listings
4,681
Medium
YoY Revenue Change
8.18%
Best Month
November
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MXN21,081
Average
MXN24,927
High
MXN31,402
Is Airbnb Profitable in Miguel Hidalgo?
Yes, there is good short-term rental demand. A 68% 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 Miguel Hidalgo
Short-term rental regulation is lenient in Miguel Hidalgo. 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 Mexico, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Miguel Hidalgo
A typical listing recorded a 68% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 36.88% of the guests are international guests, and visitors from Mexico 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: 68%
3,762 Active Listings
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Explore Miguel Hidalgo's Airbnb Data ⟶
Best Areas in Miguel Hidalgo for Airbnb
Are you wondering where to invest in Miguel Hidalgo? Look no further!
Top demand Airbnb in Miguel Hidalgo
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 3,762 listings.
See 3,762 listing Statistics
Professional Short-term rental property managers in Miguel Hidalgo
We've compiled a list of host profiles that manage the most Airbnb properties in Miguel Hidalgo. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Miguel Hidalgo
Here is a breakdown of short-let properties in Miguel Hidalgo. 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.
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