Is it profitable to do Airbnb in Santo domingo, The Dominican Republic?
What is the occupancy rate of Airbnb in Santo domingo, The Dominican Republic?
What is the average daily rate of Airbnb in Santo domingo, The Dominican Republic?
Dominican republic
Santo domingo, Airbnb Market Statistics & Data, The Dominican Republic
A typical short-term rental listing in Santo domingo is booked for 197 nights a year, with a median occupancy rate of 54% and an average daily rate of $62. In 2023, a typical host income (annual revenue) was $12K. As of 12th September, 2024, there are 5,080 active Airbnb listings.
Average Revenue: $12K/yr
Occupancy Rate
54%
Avg Daily Rate
$62
Budget
No. of Listings
7,316
Big
YoY Revenue Change
7.5%
Best Month
July
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$713
Average
$986
High
$1,087
Is Airbnb Profitable in Santo domingo?
Yes, there is good short-term rental demand. A 54% 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 Santo domingo
Short-term rental regulation is lenient in Santo domingo. 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 Santo domingo
A typical listing recorded a 54% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 79.49% 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: 54%
5,080 Active Listings
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Explore Santo domingo's Airbnb Data ⟶
Best Areas in Santo domingo for Airbnb
Are you wondering where to invest in Santo domingo? Look no further!
- Zona Colonial
- Malecon Center
- Boca Chica Beach
- National Botanical Garden
- Columbus Lighthouse
- Los Tres Ojos National Park
- Alcazar de Colon
- Agora Mall
- Mercado Modelo
- National Palace
Top demand Airbnb in Santo domingo
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 5,080 listings.
See 5,080 listing Statistics
Professional Short-term rental property managers in Santo domingo
We've compiled a list of host profiles that manage the most Airbnb properties in Santo domingo. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Santo domingo
Here is a breakdown of short-let properties in Santo domingo. 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