Is it profitable to do Airbnb in Manila, The Philippines?
What is the occupancy rate of Airbnb in Manila, The Philippines?
What is the average daily rate of Airbnb in Manila, The Philippines?
Philippines / Manila
Manila, Airbnb Market Statistics & Data, The Philippines
A typical short-term rental listing in Manila is booked for 186 nights a year, with a median occupancy rate of 51% and an average daily rate of PHP1,847. In 2023, a typical host income (annual revenue) was PHP347K. As of 12th September, 2024, there are 1,419 active Airbnb listings.
Average Revenue: PHP347K/yr
Occupancy Rate
51%
Avg Daily Rate
PHP1,847
Budget
No. of Listings
2,612
Medium
YoY Revenue Change
-7.74%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
PHP25,878
Average
PHP30,286
High
PHP34,056
Is Airbnb Profitable in Manila?
Yes, there is good short-term rental demand. A 51% 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 Manila
Short-term rental regulation is lenient in Manila. 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 Philippines, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Manila
A typical listing recorded a 51% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 62.31% of the guests are international guests, and visitors from Philippines 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: 51%
1,419 Active Listings
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Explore Manila's Airbnb Data ⟶
Best Areas in Manila for Airbnb
Are you wondering where to invest in Manila? Look no further!
- Intramuros
- Rizal Park
- Fort Santiago
- Manila Ocean Park
- National Museum of Fine Arts
- San Agustin Church
- Binondo (Chinatown)
- Quiapo Church
- Manila Baywalk
- SM Mall of Asia
Top demand Airbnb in Manila
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 1,419 listings.
See 1,419 listing Statistics
Professional Short-term rental property managers in Manila
We've compiled a list of host profiles that manage the most Airbnb properties in Manila. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Manila
Here is a breakdown of short-let properties in Manila. 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