Is it profitable to do Airbnb in Nha Trang, Vietnam?
What is the occupancy rate of Airbnb in Nha Trang, Vietnam?
What is the average daily rate of Airbnb in Nha Trang, Vietnam?
Vietnam / Nha Trang
Nha Trang, Airbnb Market Statistics & Data, Vietnam
A typical short-term rental listing in Nha Trang is booked for 164 nights a year, with a median occupancy rate of 45% and an average daily rate of VND887,075. In 2023, a typical host income (annual revenue) was VND151M. As of 12th September, 2024, there are 1,753 active Airbnb listings.
Average Revenue: VND151M/yr
Occupancy Rate
45%
Avg Daily Rate
VND887,075
Budget
No. of Listings
3,696
Medium
YoY Revenue Change
6.05%
Best Month
January
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
VND8,163,117
Average
VND13,230,601
High
VND17,246,131
Is Airbnb Profitable in Nha Trang?
No, there is good short-term rental demand. A 45% 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 Nha Trang
Short-term rental regulation is lenient in Nha Trang. 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 Nha Trang
A typical listing recorded a 45% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 88.0% of the guests are international guests, and visitors from China 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: 45%
1,753 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Nha Trang's Airbnb Data ⟶
Best Areas in Nha Trang for Airbnb
Are you wondering where to invest in Nha Trang? Look no further!
- Nha Trang Beach
- Vinpearl Land Nha Trang
- Hon Mun Island
- Hon Chong Promontory
- Nha Trang Night Market
- Po Nagar Cham Towers
- Ba Ho Waterfalls
- Alexandre Yersin Museum
- Dam Market
- Long Son Pagoda
Top demand Airbnb in Nha Trang
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 1,753 listings.
See 1,753 listing Statistics
Professional Short-term rental property managers in Nha Trang
We've compiled a list of host profiles that manage the most Airbnb properties in Nha Trang. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Nha Trang
Here is a breakdown of short-let properties in Nha Trang. 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