Is it profitable to do Airbnb in New Cairo City, Egypt?
What is the occupancy rate of Airbnb in New Cairo City, Egypt?
What is the average daily rate of Airbnb in New Cairo City, Egypt?
Egypt
New Cairo City, Airbnb Market Statistics & Data, Egypt
A typical short-term rental listing in New Cairo City is booked for 182 nights a year, with a median occupancy rate of 50% and an average daily rate of EGP3. In 2023, a typical host income (annual revenue) was EGP649. As of 12th September, 2024, there are 1,635 active Airbnb listings.
Average Revenue: EGP649/yr
Occupancy Rate
50%
Avg Daily Rate
EGP3
Budget
No. of Listings
2,386
Medium
YoY Revenue Change
-12.06%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
EGP32
Average
EGP53
High
EGP66
Is Airbnb Profitable in New Cairo City?
Yes, there is good short-term rental demand. A 50% 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 New Cairo City
Short-term rental regulation is lenient in New Cairo City. 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 New Cairo City
A typical listing recorded a 50% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 85.37% 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: 50%
1,635 Active Listings
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Explore New Cairo City's Airbnb Data ⟶
Best Areas in New Cairo City for Airbnb
Are you wondering where to invest in New Cairo City? Look no further!
Top demand Airbnb in New Cairo City
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 1,635 listings.
See 1,635 listing Statistics
Professional Short-term rental property managers in New Cairo City
We've compiled a list of host profiles that manage the most Airbnb properties in New Cairo City. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in New Cairo City
Here is a breakdown of short-let properties in New Cairo City. 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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