Is it profitable to do Airbnb in Wyre Forest, The United Kingdom?
What is the occupancy rate of Airbnb in Wyre Forest, The United Kingdom?
What is the average daily rate of Airbnb in Wyre Forest, The United Kingdom?
The United Kingdom / Wyre Forest
Wyre Forest, Airbnb Market Statistics & Data, The United Kingdom
A typical short-term rental listing in Wyre Forest is booked for 208 nights a year, with a median occupancy rate of 57% and an average daily rate of £108. In 2023, a typical host income (annual revenue) was £18K. As of 12th September, 2024, there are 146 active Airbnb listings.
Average Revenue: £18K/yr
Occupancy Rate
57%
Avg Daily Rate
£108
Mid Scale
No. of Listings
191
Small
YoY Revenue Change
0.42%
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
£1,167
Average
£1,647
High
£2,171
Is Airbnb Profitable in Wyre Forest?
Yes, there is good short-term rental demand. A 57% 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 Wyre Forest
Short-term rental regulation is lenient in Wyre Forest. 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 Wyre Forest
A typical listing recorded a 57% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 9.37% 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: 57%
146 Active Listings
Signup and check out more in-depth vacation rental data for free.
Explore Wyre Forest's Airbnb Data ⟶
Best Areas in Wyre Forest for Airbnb
Are you wondering where to invest in Wyre Forest? Look no further!
- West Midland Safari Park
- Severn Valley Railway
- Bewdley Museum
- Bewdley Pines Golf Club
- Wyre Forest Visitor Centre
- Wharton Park
- Tiger Rock
- Worcester Woods Country Park
- Safari Venues
- Go Ape Wyre
Top demand Airbnb in Wyre Forest
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 146 listings.
See 146 listing Statistics
Other short-term rental market data in Wyre Forest
Here is a breakdown of short-let properties in Wyre Forest. 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