Is it profitable to do Airbnb in Palenque, Mexico?
What is the occupancy rate of Airbnb in Palenque, Mexico?
What is the average daily rate of Airbnb in Palenque, Mexico?
Mexico
Palenque, Airbnb Market Statistics & Data, Mexico
A typical short-term rental listing in Palenque is booked for 124 nights a year, with a median occupancy rate of 34% and an average daily rate of MXN720. In 2023, a typical host income (annual revenue) was MXN88K. As of 12th September, 2024, there are 226 active Airbnb listings.
Average Revenue: MXN88K/yr
Occupancy Rate
34%
Avg Daily Rate
MXN720
Budget
No. of Listings
323
Small
YoY Revenue Change
3.3%
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
MXN4,587
Average
MXN7,148
High
MXN10,221
Is Airbnb Profitable in Palenque?
No, there is good short-term rental demand. A 34% 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 Palenque
Short-term rental regulation is lenient in Palenque. 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 Palenque
A typical listing recorded a 34% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 53.85% of the guests are international guests, and visitors from Mexico 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: 34%
226 Active Listings
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Explore Palenque's Airbnb Data ⟶
Best Areas in Palenque for Airbnb
Are you wondering where to invest in Palenque? Look no further!
- Palenque Archaeological Site
- Misol-Ha Waterfall
- Agua Azul Waterfalls
- Temple of the Inscriptions
- Palenque National Park
- El Panchán
- Bonampak Archaeological Site
- Museum of Mayan Culture
- Roberto Barrios Waterfalls
- Aluxes EcoPark & Zoo
Top demand Airbnb in Palenque
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 226 listings.
See 226 listing Statistics
Professional Short-term rental property managers in Palenque
We've compiled a list of host profiles that manage the most Airbnb properties in Palenque. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Palenque
Here is a breakdown of short-let properties in Palenque. 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