Is it profitable to do Airbnb in Hollywood, United States?
What is the occupancy rate of Airbnb in Hollywood, United States?
What is the average daily rate of Airbnb in Hollywood, United States?
The United States / Hollywood
Hollywood, Airbnb Market Statistics & Data, United States
A typical short-term rental listing in Hollywood is booked for 245 nights a year, with a median occupancy rate of 67% and an average daily rate of $200. In 2023, a typical host income (annual revenue) was $47K. As of 12th September, 2024, there are 6,208 active Airbnb listings.
Average Revenue: $47K/yr
Occupancy Rate
67%
Avg Daily Rate
$200
Mid Scale
No. of Listings
7,747
Big
YoY Revenue Change
9.4%
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,922
Average
$4,042
High
$5,795
Is Airbnb Profitable in Hollywood?
Yes, there is good short-term rental demand. A 67% 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 Hollywood
Short-term rental regulation is lenient in Hollywood. 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 Hollywood
A typical listing recorded a 67% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 17.44% 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: 67%
6,208 Active Listings
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Explore Hollywood's Airbnb Data ⟶
Best Areas in Hollywood for Airbnb
Are you wondering where to invest in Hollywood? Look no further!
- Hollywood Beach
- Hollywood Boardwalk
- Seminole Hard Rock Hotel & Casino Hollywood
- Anne Kolb Nature Center
- Young Circle
- Topeekeegee Yugnee Park
- Art and Culture Center/Hollywood
- Dania Beach
- Gulfstream Park Racing and Casino
- Hollywood North Beach Park
Top demand Airbnb in Hollywood
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 6,208 listings.
See 6,208 listing Statistics
Professional Short-term rental property managers in Hollywood
We've compiled a list of host profiles that manage the most Airbnb properties in Hollywood. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Hollywood
Here is a breakdown of short-let properties in Hollywood. 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
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By Channel Type