Is it profitable to do Airbnb in Mecca, Saudi Arabia?
What is the occupancy rate of Airbnb in Mecca, Saudi Arabia?
What is the average daily rate of Airbnb in Mecca, Saudi Arabia?
Saudi Arabia / Mecca
Mecca, Airbnb Market Statistics & Data, Saudi Arabia
A typical short-term rental listing in Mecca is booked for 150 nights a year, with a median occupancy rate of 41% and an average daily rate of SAR228. In 2023, a typical host income (annual revenue) was SAR32K. As of 12th September, 2024, there are 514 active Airbnb listings.
Average Revenue: SAR32K/yr
Occupancy Rate
41%
Avg Daily Rate
SAR228
Budget
No. of Listings
925
Small
YoY Revenue Change
-31.05%
Best Month
June
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
SAR1,252
Average
SAR2,461
High
SAR4,440
Is Airbnb Profitable in Mecca?
No, there is good short-term rental demand. A 41% 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 Mecca
Short-term rental regulation is lenient in Mecca. 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 Mecca
A typical listing recorded a 41% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 86.19% of the guests are international guests, and visitors from United states 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: 41%
514 Active Listings
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Explore Mecca's Airbnb Data ⟶
Best Areas in Mecca for Airbnb
Are you wondering where to invest in Mecca? Look no further!
- Masjid al-Haram
- Abraj Al Bait Towers
- Zamzam Well
- Mount Arafat
- Mina
- Mount Uhud
- Quba Mosque
- Qiblatain Mosque
- Jabal al-Nour
- King Abdulaziz Endowment Project
Top demand Airbnb in Mecca
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 514 listings.
See 514 listing Statistics
Professional Short-term rental property managers in Mecca
We've compiled a list of host profiles that manage the most Airbnb properties in Mecca. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Mecca
Here is a breakdown of short-let properties in Mecca. 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