Is it profitable to do Airbnb in Mumbai, India?

What is the occupancy rate of Airbnb in Mumbai, India?

What is the average daily rate of Airbnb in Mumbai, India?

India / Mumbai

Mumbai, Airbnb Market Statistics & Data, India

A typical short-term rental listing in Mumbai is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of INR4,339. In 2023, a typical host income (annual revenue) was INR938K. As of 12th September, 2024, there are 2,798 active Airbnb listings.

Average Revenue: INR938K/yr
Occupancy Rate
61%
Avg Daily Rate
INR4,339
Budget
No. of Listings
3,552
Medium
YoY Revenue Change
-2.06%
Best Month
January
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
INR65,521
Average
INR78,454
High
INR110,756



Is Airbnb Profitable in Mumbai?

Yes, there is good short-term rental demand. A 61% 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 Mumbai

Short-term rental regulation is lenient in Mumbai. 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 India, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Mumbai
A typical listing recorded a 61% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 56.45% of the guests are international guests, and visitors from India is the largest group. Learn more about guest origin!.

You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 61%
2,798 Active Listings
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Explore Mumbai's Airbnb Data
market map image
Best Areas in Mumbai for Airbnb
Are you wondering where to invest in Mumbai? Look no further!
  1. Gateway of India
  2. Marine Drive
  3. Chhatrapati Shivaji Maharaj Vastu Sangrahalaya (formerly Prince of Wales Museum)
  4. Elephanta Caves
  5. Haji Ali Dargah
  6. Juhu Beach
  7. Siddhivinayak Temple
  8. Colaba Causeway
  9. Chowpatty Beach
  10. Bandra-Worli Sea Link
Top demand Airbnb in Mumbai
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 2,798 listings.
listing_image
Entire home & 1 Bed
⭐5.0 (21)
God’s Shelter 4 studio apartment
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
INR4,006
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (140)
City-Sea-View, Colaba, WiFi
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
INR3,922
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (58)
God’s shelter spacious 2bhk
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
INR7,261
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (103)
Private Room with balcony in Colaba!
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
INR3,672
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (123)
Private Twin Room with attached Bath in Colaba!
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
INR3,839
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (149)
Private Spacious Suite Room in Colaba!
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
INR6,593
Daily Rate
View Listing
See 2,798 listing Statistics
Professional Short-term rental property managers in Mumbai
We've compiled a list of host profiles that manage the most Airbnb properties in Mumbai. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Connekt674.6$1,23,234
Zenia Hospitality554.7$1,23,234
Mahima572.8$1,23,234
Praveen642.5$1,23,234
Vikram532.8$1,23,234
Other short-term rental market data in Mumbai
Here is a breakdown of short-let properties in Mumbai. 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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