Is it profitable to do Airbnb in Lancaster, The United Kingdom?
What is the occupancy rate of Airbnb in Lancaster, The United Kingdom?
What is the average daily rate of Airbnb in Lancaster, The United Kingdom?
The United Kingdom / Lancaster
Lancaster, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in Lancaster is booked for 219 nights a year, with a median occupancy rate of 60% and an average daily rate of £98. In 2023, a typical host income (annual revenue) was £21K. As of 12th September, 2024, there are 756 active Airbnb listings.
Average Revenue: £21K/yr
Occupancy Rate
60%
Avg Daily Rate
£98
Mid Scale
No. of Listings
1,000
Small
YoY Revenue Change
0.64%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,380
Average
£1,819
High
£2,635
Is Airbnb Profitable in Lancaster?
Yes, there is good short-term rental demand. A 60% 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 Lancaster
Short-term rental regulation is lenient in Lancaster. 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 Lancaster
A typical listing recorded a 60% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 12.52% of the guests are international guests, and visitors from United kingdom 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: 60%
756 Active Listings
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Explore Lancaster's Airbnb Data ⟶
Best Areas in Lancaster for Airbnb
Are you wondering where to invest in Lancaster? Look no further!
- Lake District National Park
- York
- Manchester
- Liverpool
- Leeds
- Sheffield
- Blackpool
- The Yorkshire Dales
- Peak District National Park
- Chester
Top demand Airbnb in Lancaster
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 756 listings.
See 756 listing Statistics
Professional Short-term rental property managers in Lancaster
We've compiled a list of host profiles that manage the most Airbnb properties in Lancaster. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Lancaster
Here is a breakdown of short-let properties in Lancaster. 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.
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Amenities
Property Type
Cancelation Policy Type
By Channel Type