Is it profitable to do Airbnb in Marrakech, Morocco?
What is the occupancy rate of Airbnb in Marrakech, Morocco?
What is the average daily rate of Airbnb in Marrakech, Morocco?
Morocco
Marrakech, Airbnb Market Statistics & Data, Morocco
A typical short-term rental listing in Marrakech is booked for 230 nights a year, with a median occupancy rate of 63% and an average daily rate of MAD748. In 2023, a typical host income (annual revenue) was MAD166K. As of 12th September, 2024, there are 7,965 active Airbnb listings.
Average Revenue: MAD166K/yr
Occupancy Rate
63%
Avg Daily Rate
MAD748
Budget
No. of Listings
12,015
Big
YoY Revenue Change
-3.36%
Best Month
May
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MAD12,636
Average
MAD14,677
High
MAD17,778
Is Airbnb Profitable in Marrakech?
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 Marrakech
Short-term rental regulation is lenient in Marrakech. 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 Marrakech
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 93.8% of the guests are international guests, and visitors from France 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%
7,965 Active Listings
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Explore Marrakech's Airbnb Data ⟶
Best Areas in Marrakech for Airbnb
Are you wondering where to invest in Marrakech? Look no further!
- Jemaa el-Fnaa
- Medina of Marrakech
- Bahia Palace
- Koutoubia Mosque
- Majorelle Garden
- Saadian Tombs
- El Badi Palace
- Le Jardin Secret
- Agdal Gardens
- Menara Gardens
Top demand Airbnb in Marrakech
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 7,965 listings.
See 7,965 listing Statistics
Professional Short-term rental property managers in Marrakech
We've compiled a list of host profiles that manage the most Airbnb properties in Marrakech. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Marrakech
Here is a breakdown of short-let properties in Marrakech. 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