Is it profitable to do Airbnb in Hurghada, Egypt?
What is the occupancy rate of Airbnb in Hurghada, Egypt?
What is the average daily rate of Airbnb in Hurghada, Egypt?
Egypt
Hurghada, Airbnb Market Statistics & Data, Egypt
A typical short-term rental listing in Hurghada is booked for 175 nights a year, with a median occupancy rate of 48% and an average daily rate of EGP3. In 2023, a typical host income (annual revenue) was EGP534. As of 12th September, 2024, there are 3,113 active Airbnb listings.
Average Revenue: EGP534/yr
Occupancy Rate
48%
Avg Daily Rate
EGP3
Budget
No. of Listings
4,305
Medium
YoY Revenue Change
-3.54%
Best Month
May
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
EGP31
Average
EGP44
High
EGP59
Is Airbnb Profitable in Hurghada?
Yes, there is good short-term rental demand. A 48% 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 Hurghada
Short-term rental regulation is lenient in Hurghada. 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 Hurghada
A typical listing recorded a 48% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 76.15% of the guests are international guests, and visitors from Egypt 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: 48%
3,113 Active Listings
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Explore Hurghada's Airbnb Data ⟶
Best Areas in Hurghada for Airbnb
Are you wondering where to invest in Hurghada? Look no further!
- Hurghada Marina
- Giftun Islands
- Mahmya Island
- El Dahar (Downtown)
- Sahl Hasheesh
- Senzo Mall
- Sand City Hurghada
- Hurghada Grand Aquarium
- New Marina
- Hurghada Mosque
Top demand Airbnb in Hurghada
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 3,113 listings.
See 3,113 listing Statistics
Professional Short-term rental property managers in Hurghada
We've compiled a list of host profiles that manage the most Airbnb properties in Hurghada. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Hurghada
Here is a breakdown of short-let properties in Hurghada. 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