Is it profitable to do Airbnb in Metro Manila, The Philippines?
What is the occupancy rate of Airbnb in Metro Manila, The Philippines?
What is the average daily rate of Airbnb in Metro Manila, The Philippines?
Philippines / Metro Manila
Metro Manila, Airbnb Market Statistics & Data, The Philippines
A typical short-term rental listing in Metro Manila is booked for 186 nights a year, with a median occupancy rate of 51% and an average daily rate of PHP2,077. In 2023, a typical host income (annual revenue) was PHP385K. As of 12th September, 2024, there are 25,701 active Airbnb listings.
Average Revenue: PHP385K/yr
Occupancy Rate
51%
Avg Daily Rate
PHP2,077
Budget
No. of Listings
36,727
Big
YoY Revenue Change
-3.91%
Best Month
December
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
PHP29,153
Average
PHP32,472
High
PHP38,201
Is Airbnb Profitable in Metro 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 Metro Manila
Short-term rental regulation is lenient in Metro 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 Metro 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 32.96% 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%
25,701 Active Listings
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Explore Metro Manila's Airbnb Data ⟶
Best Areas in Metro Manila for Airbnb
Are you wondering where to invest in Metro Manila? Look no further!
Top demand Airbnb in Metro 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 25,701 listings.
See 25,701 listing Statistics
Professional Short-term rental property managers in Metro Manila
We've compiled a list of host profiles that manage the most Airbnb properties in Metro Manila. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Metro Manila
Here is a breakdown of short-let properties in Metro 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.
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