Is it profitable to do Airbnb in Torbay, The United Kingdom?
What is the occupancy rate of Airbnb in Torbay, The United Kingdom?
What is the average daily rate of Airbnb in Torbay, The United Kingdom?
The United Kingdom / Torbay
Torbay, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in Torbay is booked for 204 nights a year, with a median occupancy rate of 56% and an average daily rate of £108. In 2023, a typical host income (annual revenue) was £23K. As of 12th September, 2024, there are 1,351 active Airbnb listings.
Average Revenue: £23K/yr
Occupancy Rate
56%
Avg Daily Rate
£108
Mid Scale
No. of Listings
1,744
Medium
YoY Revenue Change
6.97%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,234
Average
£1,828
High
£3,342
Is Airbnb Profitable in Torbay?
Yes, there is good short-term rental demand. A 56% 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 Torbay
Short-term rental regulation is lenient in Torbay. 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 Torbay
A typical listing recorded a 56% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 6.98% 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: 56%
1,351 Active Listings
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Explore Torbay's Airbnb Data ⟶
Best Areas in Torbay for Airbnb
Are you wondering where to invest in Torbay? Look no further!
- Babbacombe Model Village
- Kents Cavern
- Brixham Harbour
- Paignton Zoo
- Living Coasts
- Princess Theatre
- Torquay Marina
- Greenway House
- Riviera International Centre
- Berry Head
Top demand Airbnb in Torbay
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 1,351 listings.
See 1,351 listing Statistics
Professional Short-term rental property managers in Torbay
We've compiled a list of host profiles that manage the most Airbnb properties in Torbay. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Torbay
Here is a breakdown of short-let properties in Torbay. 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