Marrakech| Airbnb Market Data & Overview | Morocco
Marrakech Airbnb Market Data & Overview Morocco
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?
Marrakech, Morocco Airbnb Data
Last updated on: 15th May, 2024
Morocco / Marrakech
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. Without further ado, let’s see if Marrakech is good for Airbnb.
A typical short-term rental listing in Marrakech is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of MAD738. In Marrakech, A typical host income (annual revenue) was MAD163K in 2023. There are 9,356 active Airbnb listings as of 2024-04-15. A 61% median occupancy rate is considered a good market to do an Airbnb. Take professional photos of your property, get a few good reviews on Airbnb, then you are likely to make good income.
Best Areas in Marrakech for Airbnb
Best Areas in Marrakech for Airbnb Are you wondering where to invest in Marrakech? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
Jemaa el-Fnaa
Medina of Marrakech
Bahia Palace
Koutoubia Mosque
Majorelle Garden
Saadian Tombs
El Badi Palace
Le Jardin Secret
Agdal Gardens
Menara Gardens
Okay, you might wonder about more specific data. 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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