Is it profitable to do Airbnb in Lichfield, United Kingdom?
What is the occupancy rate of Airbnb in Lichfield, United Kingdom?
What is the average daily rate of Airbnb in Lichfield, United Kingdom?
The United Kingdom / Lichfield
Lichfield, Airbnb Market Statistics & Data, United Kingdom
A typical short-term rental listing in Lichfield is booked for 230 nights a year, with a median occupancy rate of 63% and an average daily rate of £94. In 2023, a typical host income (annual revenue) was £22K. As of 12th September, 2024, there are 126 active Airbnb listings.
Average Revenue: £22K/yr
Occupancy Rate
63%
Avg Daily Rate
£94
Mid Scale
No. of Listings
159
Small
YoY Revenue Change
18.29%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,476
Average
£1,790
High
£2,205
Is Airbnb Profitable in Lichfield?
Yes, there is good short-term rental demand. A 63% 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 Lichfield
Short-term rental regulation is lenient in Lichfield. 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 Lichfield
A typical listing recorded a 63% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 10.14% 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: 63%
126 Active Listings
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Explore Lichfield's Airbnb Data ⟶
Best Areas in Lichfield for Airbnb
Are you wondering where to invest in Lichfield? Look no further!
- Lichfield Cathedral
- National Memorial Arboretum
- Drayton Manor Theme Park
- Samuel Johnson Birthplace Museum
- Beacon Park
- Erasmus Darwin House
- The Old Guildhall Prison Cells
- Wall Roman Site
- Curborough Antiques & Crafts Centre
- Chasewater Railway
Top demand Airbnb in Lichfield
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 126 listings.
See 126 listing Statistics
Other short-term rental market data in Lichfield
Here is a breakdown of short-let properties in Lichfield. 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