Is it profitable to do Airbnb in Newark and Sherwood, The United Kingdom?
What is the occupancy rate of Airbnb in Newark and Sherwood, The United Kingdom?
What is the average daily rate of Airbnb in Newark and Sherwood, The United Kingdom?
The United Kingdom / Newark and Sherwood
Newark and Sherwood, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in Newark and Sherwood is booked for 223 nights a year, with a median occupancy rate of 61% and an average daily rate of £98. In 2023, a typical host income (annual revenue) was £22K. As of 12th September, 2024, there are 330 active Airbnb listings.
Average Revenue: £22K/yr
Occupancy Rate
61%
Avg Daily Rate
£98
Mid Scale
No. of Listings
420
Small
YoY Revenue Change
9.23%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,417
Average
£1,879
High
£2,409
Is Airbnb Profitable in Newark and Sherwood?
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 Newark and Sherwood
Short-term rental regulation is lenient in Newark and Sherwood. 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 United Kingdom, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Newark and Sherwood
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 9.34% of the guests are international guests, and visitors from United kingdom 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: 61%
330 Active Listings
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Explore Newark and Sherwood's Airbnb Data ⟶
Best Areas in Newark and Sherwood for Airbnb
Are you wondering where to invest in Newark and Sherwood? Look no further!
- Sherwood Forest
- Rufford Abbey Country Park
- Newstead Abbey
- Thoresby Park
- Clumber Park
- Southwell Minster
- Newark Castle
- The Workhous
- outhwell
- Sherwood Pines
- National Civil War Centre
Top demand Airbnb in Newark and Sherwood
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 330 listings.
See 330 listing Statistics
Professional Short-term rental property managers in Newark and Sherwood
We've compiled a list of host profiles that manage the most Airbnb properties in Newark and Sherwood. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Newark and Sherwood
Here is a breakdown of short-let properties in Newark and Sherwood. 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