Is it profitable to do Airbnb in Shibuya City, Japan?
What is the occupancy rate of Airbnb in Shibuya City, Japan?
What is the average daily rate of Airbnb in Shibuya City, Japan?
Japan / Shibuya City
Shibuya City, Airbnb Market Statistics & Data, Japan
A typical short-term rental listing in Shibuya City is booked for 343 nights a year, with a median occupancy rate of 94% and an average daily rate of JPY28,698. In 2023, a typical host income (annual revenue) was JPY9M. As of 6th September, 2024, there are 600 active Airbnb listings.
Average Revenue: JPY9M/yr
Occupancy Rate
94%
Avg Daily Rate
JPY28,698
No. of Listings
1,341
Regulation
Strict
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 6th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
JPY500,709
Average
JPY709,182
High
JPY842,862
Is Airbnb Profitable in Shibuya City?
Yes, there is good short-term rental demand. A 94% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Average Airbnb Occupancy Rate in Shibuya City
A typical listing recorded a 94% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution.
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.
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Explore Shibuya City's Airbnb Data ⟶