Is it profitable to do Airbnb in Ho Chi Minh City, Vietnam?
What is the occupancy rate of Airbnb in Ho Chi Minh City, Vietnam?
What is the average daily rate of Airbnb in Ho Chi Minh City, Vietnam?
Vietnam / Ho Chi Minh City
Ho Chi Minh City, Airbnb Market Statistics & Data, Vietnam
A typical short-term rental listing in Ho Chi Minh City is booked for 182 nights a year, with a median occupancy rate of 50% and an average daily rate of VND1,115,180. In 2023, a typical host income (annual revenue) was VND183M. As of 12th September, 2024, there are 12,078 active Airbnb listings.
Average Revenue: VND183M/yr
Occupancy Rate
50%
Avg Daily Rate
VND1,115,180
Budget
No. of Listings
22,886
Big
YoY Revenue Change
-3.12%
Best Month
December
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
VND13,141,382
Average
VND15,935,214
High
VND19,449,246
Is Airbnb Profitable in Ho Chi Minh City?
Yes, there is good short-term rental demand. A 50% 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 Ho Chi Minh City
Short-term rental regulation is lenient in Ho Chi Minh 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.
Average Airbnb Occupancy Rate in Ho Chi Minh City
A typical listing recorded a 50% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 80.17% of the guests are international guests, and visitors from United states 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: 50%
12,078 Active Listings
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Explore Ho Chi Minh City's Airbnb Data ⟶
Best Areas in Ho Chi Minh City for Airbnb
Are you wondering where to invest in Ho Chi Minh City? Look no further!
- Ben Thanh Market
- War Remnants Museum
- Cu Chi Tunnels
- Notre Dame Cathedral
- Central Post Office
- Bitexco Financial Tower
- Saigon Opera House
- Museum of Ho Chi Minh City
- Saigon Skydeck
- Binh Tay Market
Top demand Airbnb in Ho Chi Minh 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 12,078 listings.
See 12,078 listing Statistics
Professional Short-term rental property managers in Ho Chi Minh City
We've compiled a list of host profiles that manage the most Airbnb properties in Ho Chi Minh City. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Ho Chi Minh City
Here is a breakdown of short-let properties in Ho Chi Minh 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