What is the occupancy rate of Airbnb in Hurghada, Egypt?
What is the average daily rate of Airbnb in Hurghada, Egypt?
Hurghada, Egypt Airbnb Data
Last updated on: 15th May, 2024
Egypt / Hurghada
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. Without further ado, let’s see if Hurghada is good for Airbnb.
No, at least on a surface level. The short-term rental market is not an exciting thing in Hurghada..
Occupancy Rate
46%
EGP2
Daily Rate
EGP489
Revenue (2023)
3,527
Number of Listings
A typical short-term rental listing in Hurghada is booked for 168 nights a year, with a median occupancy rate of 46% and an average daily rate of EGP2. In Hurghada, A typical host income (annual revenue) was EGP489 in 2023. There are 3,527 active Airbnb listings as of 2024-04-15. A 46% median occupancy rate is considered a risky market to do an Airbnb. There are definitely few hosts making good income, but you may struggle to get year-round bookings. We suggest you do further research on this market.
Best Areas in Hurghada for Airbnb
Best Areas in Hurghada for Airbnb Are you wondering where to invest in Hurghada? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
Hurghada Marina
Giftun Islands
Mahmya Island
El Dahar (Downtown)
Sahl Hasheesh
Senzo Mall
Sand City Hurghada
Hurghada Grand Aquarium
New Marina
Hurghada Mosque
Okay, you might wonder about more specific data. 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.
Signup and check out more in-depth vacation rental data for free.
