Is it profitable to do Airbnb in Kensington and Chelsea, The United Kingdom?
What is the occupancy rate of Airbnb in Kensington and Chelsea, The United Kingdom?
What is the average daily rate of Airbnb in Kensington and Chelsea, The United Kingdom?
The United Kingdom / Kensington and Chelsea
Kensington and Chelsea, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in Kensington and Chelsea is booked for 274 nights a year, with a median occupancy rate of 75% and an average daily rate of £219. In 2023, a typical host income (annual revenue) was £55K. As of 12th September, 2024, there are 3,814 active Airbnb listings.
Average Revenue: £55K/yr
Occupancy Rate
75%
Avg Daily Rate
£219
Upscale
No. of Listings
5,705
Big
YoY Revenue Change
3.81%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£3,098
Average
£4,557
High
£5,636
Is Airbnb Profitable in Kensington and Chelsea?
Yes, there is good short-term rental demand. A 75% 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 Kensington and Chelsea
Short-term rental regulation is lenient in Kensington and Chelsea. 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 The United Kingdom, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Kensington and Chelsea
A typical listing recorded a 75% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 75.57% 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: 75%
3,814 Active Listings
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Explore Kensington and Chelsea's Airbnb Data ⟶
Best Areas in Kensington and Chelsea for Airbnb
Are you wondering where to invest in Kensington and Chelsea? Look no further!
- Kensington Palace
- Hyde Park
- Royal Albert Hall
- Victoria and Albert Museum
- Harrods
- Natural History Museum
- Kensington Gardens
- Saatchi Gallery
- Portobello Road Market
- Science Museum
Top demand Airbnb in Kensington and Chelsea
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 3,814 listings.
See 3,814 listing Statistics
Professional Short-term rental property managers in Kensington and Chelsea
We've compiled a list of host profiles that manage the most Airbnb properties in Kensington and Chelsea. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Kensington and Chelsea
Here is a breakdown of short-let properties in Kensington and Chelsea. 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