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2 Proven Strategies to Find Best Airbnb Markets in 2024

This is the complete Airbnb market research guide for property investors. 1. City analysis (high rental yield, appreciation, and regulations) 2. Neighborhood analysis.

2 Proven Strategies to Find Best Airbnb Markets in 2024

Airbnb Market Research

2 Proven Strategies to Find Best Airbnb Markets in 2024

This is the complete Airbnb market research guide for property investors. 1. City analysis (high rental yield, appreciation, and regulations) 2. Neighborhood analysis

Best Airbnb Markets provide you with high rental yields and good appreciation potential. The local government’s standpoint on short-term rental is important as well. 

In some markets, you can make four times more than a traditional rental. Start Airbnb in the right location! 

This blog isn’t about the top market list but about short-term rental market research. So, you can find profitable markets among your preferred markets. There are some blog posts and YouTube videos online talking about the top Airbnb markets. There’s a good chance that those markets will become saturated after a dozen investors enter the area this year and more next year.  

The successful short-term rental market research step is as follows 

  • City Analysis: Find 2-3 good markets with 1) high rental yield, 2) good appreciation outlook, and 3) STR-friendly government. 
  • Neighborhood Analysis: Identify the profitable neighborhoods and types of property 
Airbnb Market Research

 

Now you’ve found a profitable property, and it’s up and running, giving you a good income. What more can you do? 

Increase the value of your property as a turnkey property by 

  • Refurbishments
  • Remodel
  • Expansion
  • getting a short-term rental permit
  • increase your occupancy rate by optimizing your Airbnb listing

As you can see, there are more chances for you to increase the value of your real estate investment as a short-term rental than a traditional long-term rental.

City Analysis: 3 pillars of good short-term rental markets 

Use these 3 criteria to identify markets that will give you a better return. These pillars are for choosing the right markets, not the right property. In a market fitting those 3 criteria, you will have higher cash flow. You will expand your property investment business faster. 

 

Start with listing down 10 cities that you are considering to start an Airbnb. It’s good if you have some connections in the place or you’d like to spend a good amount of your time. It can be your favorite vacation spot, or have family living down there. After doing the city analysis, you will have clarity on the top 2-3 markets out of the 10 markets you were considering. 

High Airbnb Rental Yield 

The first pillar is a rental yield as a short-term rental. This is the ratio between the property price and your first-year short-term rental revenue. The higher the average rental yield, the better. 

Tip: You’ll compare different cities during this research. Choose a specific number of bedrooms to calculate your Airbnb rental yield. 

 

How to find short-term rental revenue in a city?

You can get this data easily from a free Airbnb analyzer. Enter any global market names after signing up for Airbtics. Then, you will get the average year-round short-term rental revenue, daily rate, and occupancy rate of a market. 

This will also answer the following questions. How much does an average listing in the city make per year? What’s the year-round average occupancy rate? How much do they charge per night? 

How does this data work? Airbtics tracks over 10 million short-term rentals from various sources every day. Please note that the occupancy rate per number of bedrooms is only available in the premium account. 

How to find an average property price? 

It’s time to find cities with cheap property prices. Heated property markets, like San Francisco, aren’t usually an ideal place. Whereas places like Joshua Tree with cheap prices, are better. 

Different countries have different sources of information 

US, Canada: Redfin, Zillow  

UK: Rightmove 

Spain, Portugal, France, Italy: Casafari 

Australia: realestate.com.au 

Market research summary

  1. 1) Use an Airbnb analytics tool to get the average Airbnb revenue potential.
  2. 2) Use a real estate site to get the average property sale price. 
  3. 3) Get gross rental yield by dividing Airbnb revenue into property prices.

Population and economic trends 

In the end, you’ll earn money from both rental income and equity appreciation. Real estate market analysis is what you need to incorporate here. Typical factors you need to look into are as follows, and you want them to be on an inclining side in the last 5 year 

– Population growth 

– Income growth 

– Crime rate decline 

– Employment rate growth 

You would also look into planned major real estate developments. 

However, you could simply focus on two major indicators: Population and income growth. You may incorporate other indicators. This sort of data is usually available from government websites. 

What you want to do here is to check population and average household income changes over the past 5 years. Then, calculate the “change rate in the past 5 years” for both population and income changes. Finally, get the average of those two rates. 

How to calculate the change rate?  it’ll be (population_2022 – population_2018) / (population_2022)

Short-term rental regulation 

Some city governments are more welcoming to visitors to the city. It’s usually the cities where tourism is a major economic activity.

 You should verify the following information for each city 

  1. 1. What is the current short-term rental regulation? 
  2. 2. How strictly is it enforced? 
  3. 3. Read through news about short-term rental regulations in the city. 

What is the current short-term rental regulation? The short-term rental regulations are somewhat similar worldwide. I’ve sorted out regulations by most “strict” to “lenient”. The one at the top is the most strict. Put the “regulation” score between 1 (strict) and 5 (lenient). 

  1. 1. The owner must live on the property 
  2. 2. Only able to rent out as a short-term rental for a certain number of days (90 days, 3. 180 days, etc) 
  3. 4. Only certain zone or type of property is allowed to do short-term rentals 
  4. 5. Required to apply for a short-term rental permit and pay annual fees 
  5. 6. Required to inform the local government 

How strictly is it enforced? Take a look at Airbnb in the market, and read the recent reviews in the listings. Verify if the laws are really enforced. They might say the owner must live on a property, but some hosts may run 10 units in the same market. There are many markets where the regulations are not properly enforced for various reasons. In this case, you should re-adjust the regulation score. 

Read through the recent 2 years’ news. Search on Google to go through the news about short-term rentals in the market. Is the mayor talking negatively about short-term rentals? You can see the sentiment towards short-term rentals by checking the news. If they talk negatively about reducing the regulation score by 1, if they talk positively about it, increase the regulation score by 1. 

How use these numbers? 

The final result should look something like this.

From here, it is up to you to determine your focused markets. There is no set-in-stone formula to determine because it depends on what you put more weight on whether short-term profit or long-term appreciation. 

Personally, I first took a look at the top 2 by Airbnb rental yield and the top 2 by appreciation factors. I removed the one with strict regulation (where they restrict STR by number of days a year). 

In the above example, I’d choose Liverpool and Lisbon for the high gross rental yield and friendly STR regulation. Their population and income changes are positive as well. 

Don’t choose more than 3 cities. You will need to do neighborhood analyses of those 3 cities as the next step. You can add more cities after doing the neighborhood analysis. Each city would have at least 3 interesting neighborhoods. This can lead to 9 neighborhood analyses if you choose 3 cities. Having to do so many neighborhood analyses will lead you to decision paralysis. 

Try to do a neighborhood analysis on at least 2 cities. This will help you to be detached from one specific city you love. 

Have 2-3 cities ready? Then, read below to learn how to do neighborhood-level analysis! 

Neighborhood Analysis: How to choose the right property type? 

Once you’ve got the idea of 2-3 good markets to start an Airbnb, it’s time for you to do a more specific analysis. You need to find a good neighborhood and the right type of property. 

The outcome of this analysis is as below 

  1. 1) Top 2-3 most desirable neighborhoods for short-term rentals 
  2. 2) Best number of bedrooms (E.g. 3 or 4 bedrooms) 
  3. 3) Best property type (E.g. House with a pool) 

Finding the neighbourhoods.

Neighborhoods don’t have to be zipcodes or certain administrative divisions. It just refers to an area with a similar property price and Airbnb revenue. This can be determined by how close your place is from specific landmarks or many other ways. 

In the same market, different neighborhoods have different levels of demand. Starting in the right neighborhood goes a long way since you can’t change the neighborhood once you commit to it. This can be counterintuitive. There is a case where in-land properties have a higher occupancy rate than beachfront properties. After our analysis, we found out people like to stay near train stations for easier access to restaurants and public transport. 

How to? 

So, how can you find an area with high demand? You can use the heatmap feature from the Airbtics app. Dark red represents an area with a high occupancy rate. You can change the color to represent a number of listings or year-over-year change in occupancy. This will give you where are the hotspots and with a high demand.

airbnb occupancy rate heatmap

Number of bedrooms

First of all, it depends on your budget. Are you looking for a big size or a small size property? 

Then, take a closer look at occupancy rates and the number of listings per number of bedrooms. A certain number of bedrooms may do better than the other. Keep in mind – the number of bedrooms is one of the most important factors for Airbnb guests. 

Here, write down on your worksheet about average yearly revenue of different sizes of bedrooms. This will give you a good guide once you start looking at different properties for sale. 

Neighbourhood A (Airbnb yearly revenue) 

  • 2 bd: $85,000 
  • 3 bd:  $92,000
  • 4 bd: $135,000

Neighbourhood B (Airbnb yearly revenue) 

  • 3 bd: $59,000
  • 4 bd: $70.000
  • 5 bd: $92,000

Type of property: 

Take a look at the top properties in each of the neighborhoods. What do they look like? 

Firstly – is it a condo or a standalone house? 

Secondly – what other characteristics? 

It might be a wood cabin or a tiny house or a condo with many amenities. Note this down in your worksheet. 

 

How to? 

You can achieve this by using the Airbtics app. There is a section called “Top properties”. This section shows the top-performing properties in a specific neighborhood that you see on the map.  

Ensure your data is accurate 

Your entire market research should not depend on a single data source unless it is from an official source. 

For Airbnb revenue data, there is no officially available data anywhere. If you are using the Airbtics app, it’s a good idea to cross-check with other data platforms’ free data. Check if the occupancy rate or yearly revenue is similar in multiple data sources. If yes, the data you are using should be fine. If they all show very different numbers, you may have to check further. Go and check the Airbnb website and review the listings. Ask realtors or hosts in the area.

 

Review of best Airbnb markets available online 

Data source: Airbtics, 2022 Nov – 2023 Oct data. 

Sedona, AZ 

  • Occupancy rate – 68 %
  • Daily rate –  $235
  • Yearly revenue –  $32,116
  • Number of listings – 1,116

Santa Fe, New Mexico 

  • Occupancy rate –  74%
  • Daily rate –  $196
  • Yearly revenue – $55,174
  • Number of listings – 1,318

Savannah, GA 

  • Occupancy rate – 67%
  • Daily rate – $189
  • Yearly revenue – $29,674
  • Number of listings – 2,597

Barcelona, Spain 

  • Occupancy rate – 88%
  • Daily rate – €128
  • Yearly revenue – €10,591
  • Number of listings – 13,829

Bourne, MA 

  • Occupancy rate – 68%
  • Daily rate – $284
  • Yearly revenue – $59,251
  • Number of listings – 23

Colorado Springs, CO 

  • Occupancy rate – 70%
  • Daily rate – $121
  • Yearly revenue – $32,502
  • Number of listings – 2,492

Dallas, TX 

  • Occupancy rate – 59%
  • Daily rate – $124
  • Yearly revenue – $8,863
  • Number of listings – 5,0525

Eureka, IL 

  • Occupancy rate – 55$
  • Daily rate – $80
  • Yearly revenue – $19,010
  • Number of listings – 11

London, United Kingdom 

  • Occupancy rate – 82$ 
  • Daily rate – £236
  • Yearly revenue – £16,812
  • Number of listings – 4,432

Melbourne, Australia 

  • Occupancy rate – 66%
  • Daily rate – A$196
  • Yearly revenue – A$17,641
  • Number of listings – 20,327

Pascagoula, MS 

  • Occupancy rate – 48%
  • Daily rate – $124
  • Yearly revenue – $24,355 
  • Number of listings – 26

Rome, Italy 

  • Occupancy rate – 96%
  • Daily rate – €129
  • Yearly revenue – €17,033
  • Number of listings – 22,863

Salt Lake City, UT 

  • Occupancy rate – 71%
  • Daily rate – $98
  • Yearly revenue – $27,401
  • Number of listings – 1,845

Vancouver, Canada 

  • Occupancy rate – 85%
  • Daily rate – C$182
  • Yearly revenue – C$53,282
  • Number of listings – 5,361

Conclusion 

 

Here’s a recap. The goal of this market research is to find the best cities for you to start an Airbnb. You’ll start with 10 cities you like to consider starting an Airbnb. You’ll select 2-3 cities based on appreciation factor, STR regulation, and yearly rental yield. After this, you’ll do a more specific neighborhood-level analysis. 

 

Now, this is it! You have 2-3 cities. You have 2 neighborhoods in each city with the best number of bedrooms and type of properties. Use this knowledge to search for properties for sale. Let the realtors know about your criteria. Go and visit the properties for sale. 

 

It’s a good idea to tweak a little on this framework so that it makes more sense to you. Best luck! 

 

Categories
Airbnb Occupancy All About Airbnb

Unlock Airbnb Occupancy Rates Worldwide! Explore Any Market’s Insights.

Instantly See An Average Airbnb Occupancy Rate

Discover 30+ Airbnb statistics of any city worldwide!

What Is Occupancy Rate?

It is the percentage of nights booked among the available nights on an Airbnb listing. How can you find the average occupancy rate of your market? 

Simply enter an address above, and it’ll show you the average occupancy rate of any address in the world for free! The average occupancy rate is calculated by 10-20 similar listings around the input addresses. 

“70% is considered a good year-round occupancy rate.”

As a short-term rental data company, we’ve been tracking Airbnb listing occupancy rates and bookings since 2019. This allows us to have comprehensive statistics of listings. 

You will be taken to the “calculator” page – a totally free resource! For deeper insights into your city, you should sign up to the platform and use the “Market Research” feature. This dashboard will unlock comprehensive data in your city. It’s all at your fingertips! 

Those statistics includes:

4 Interesting AirBNB Occupancy Rate Facts

Average Airbnb Occupancy Rates (US)

City Active Airbnb Listings Average Airbnb Occupancy Rate (2023) Peak Season
Fort Collins 2,533 68% July
Seattle 5,791 76% July
Memphis 1,488 58% April
Milwaukee 1,552 60% July
Ontario, NY 632 56% July
Phoenix 7,600 60% March
Austin 10,779 61% April
San Antonio 5,290 57 % July
Newark, NJ 1,480 60% July
Houston 10,263 56% July
Fresno 1,830 54% July
Chicago 6,634 66% July
New York 10,048 72% June
Boston 2,690 81% October
Gainesville, FL 871 56% August
Nashville 8,137 62% April
Miami 8,533 61% March
Jacksonville 8,874 59% March
Orlando 1,351 64% March
Denver 4,595 77% June
Pittsburgh, PA 2,195 63% July
Wichita, KS 683 60% July
Kansas, MO 3,433 61% July
Tampa 3,820 62% March
Raleigh 1,504 63% July
Baltimore 1,769 58% June
Dallas 5,025 59% June
Birmingham, AL 1,043 57% July
Cleveland 1,511 59% June
Atlanta 6,224 56 % July
Philadelphia 5,304 56.5 % July
Washington 4,702 75 % April
Colorado Springs 2,530 70 % July
Fort Lauderdale 4,528 62 % March
Los Angeles 15,731 66 % July
Las Vegas 1,776 59 % April
Reno 942 61 % July
Greensboro 797 60 % April
Sacramento 2,298 61 % July
Detroit 1,469 51 % July

                                                                                                             

                                                                                                             

Average Airbnb Occupancy Rates (Canada)


City Active Airbnb Listings Average Airbnb Occupancy Rate (2023) Peak Season
Toronto 12,637 77 % September
Calgary 5,290 77 % July
Quebec 1,443 76 % July &August
Edmonton 2,954 69 % July
Montreal 7,605 74 % August
Vancouver 5,478 85 % June-August
Winnipeg 1,588 69 % July
Kitchener 793 69 % September
Victoria 1,267 79 % July & August
London, ON 830 66 % September
Halifax 1,238 84 % July & August
Sudbury 352 67 % April
Kingston 453 70 % August
Ottawa 2,248 69 % July

                                                                                                             

                                                                                                             

Average Airbnb Occupancy Rates (Australia)

 
 
City Active Airbnb Listings Average Airbnb Occupancy Rate (2023) Peak Season
Adelaide 3,782 73 % April
Perth 5,312 87 % April
Canberra 1,738 73 % April
Newcastle 1,125 62 % January
Melbourne 20,327 66 % April
Brisbane 3,901 85 % July
Sydney 11,732 79 % April
Darwin 1,110 69 % August
Wollongong 855 64 % January
Hobart 1,057 72 % April
Toowoomba 303 75% April
Central Coast 2,598 43 % January
Ballarat 510 59 % April
Greater Bendigo 484 60 % April

                                                                                                             

                                                                                                             

Average Airbnb Occupancy Rates (UK)

 

City Active Airbnb Listings Average Airbnb Occupancy Rate (2023) Peak Season
London 4,000 87 % June & July
Edinburgh 6,857 91 % June- September
Liverpool 3,376 57 % April
Manchester 2,338 66 % July
Glasgow 2,329 76 % August
Leeds 1,465 65 % July
York 1,730 66 % July
Birmingham 2,762 61 % July
Nottingham 1,212 61 % September
Bristol 2,299 77 % September
Sheffield 1,114 61 % July
Cardiff 1,880 60 % July
Aberdeen 725 70 % July
Belfast 1,446 74 % July

                                                                                                             

                                                                                                             

Average Airbnb Occupancy Rates (Top 50 Global Cities)


City, Country Active Airbnb Listings Average Airbnb Occupancy Rate (2023) Peak Season
Amsterdam, Netherlands 5,778 96 % April- September
Athens, Greece 11,223 79 % June & September
Atlanta City, USA 6,224 56 % July
Auckland, New Zealand 5,026 77 % December
Austin, Texas 10,779 61% April
Bangkok, Thailand 14,532 55 % December
Barcelona, Spain 13,829 88 % April, July & October
Batumi, Georgia 4,564 49 % August
Beyoglu, Turkey 7,891 61 % October
Bogota, Colombia 11,249 54 % July
Bordeaux, France 4,369 82 % September
Berlin, Germany 7,754 87 % June & September
Brooklyn, New York 8,858 79 % June
Budapest, Hungary 9,741 79 % July
Buenos Aires, Argentina 24,453 70 % April

                                                                                                             

Why do you need to know the Airbnb Occupancy Rate?

Market Research: Starting on your Airbnb venture? Knowing the occupancy rate will steer you in the right direction. The two most important factors are 1) choosing the perfect location with the highest average occupancy rate and 2)  determining the right number of bedrooms because you can’t change these two once you commit to a property.

Airbnb Occupancy Rate

Get more bookings: Knowing the peak season allows you to maximize your profit by charging higher fees. During low season, you can consider giving a discount for long-term rates, or it might be the right timing for you to use it as your vacation home! 

9 Simple Tips To Boost Your Airbnb Occupancy Rate

1. Choose the Right Airbnb Market

Finding the ideal Airbnb city or market is crucial in optimizing your occupancy rate. Look for popular destinations and analyze their Airbnb demand. These can positively affect your property’s visibility and desirability.

2. Search for the Best Submarket

Identify the most lucrative submarkets within your Airbnb city. A good Airbnb submarket includes the best neighborhoods, property types, and number of bedrooms. Targeting the specific preferences of potential guests in different areas can help you tailor your Airbnb to meet their needs and attract more bookings.

3. Add Some Amenities

Adding basic amenities such as towels, toilet paper, and wifi just meets guests’ expectations. However, going for an extra mile differentiates you from the rest. This may include adding a few small fancy Airbnb amenities, an Airbnb hot tub, or a swimming pool.

4. Furnish your Rental

Don’t skimp on quality furnishings because they will make your rental stand out. A thoughtfully designed and comfortable Airbnb is more likely to receive positive reviews and repeat bookings. Target the needs of your guests then create a welcoming environment conducive to longer stays.

5. Take Nice Photos

First impressions matter. Photos are worth a thousand words. Lure your guests with your property’s features captured in the best light. Showcase each room from different angles and center your rental’s unique aspect. While you can pick up some Airbnb photo tips, opting for a professional photographer can significantly enhance the visual appeal of your listing.

6. Boost Your Listings Visibility

Optimize your listing for Airbnb and search engine algorithms. Use relevant keywords in your title and description to target potential guests. Regular calendar updates and quick responses to guests’ inquiries also improve your search ranking.

7. Enable Airbnb Instant Book

Active Airbnb Instant Book for a seamless booking experience. This attracts spontaneous travelers. Plus, Airbnb often prioritizes and boosts the listings with this feature. 

8. Aim To Be An Airbnb Superhost

Aspire to have a Superhost status by giving exceptional hospitality. The rewards can be outstanding. These include increased visibility that can lead to higher occupancy rates and earnings.

9. Consider Professional Airbnb Managers

Consider hiring professional Airbnb managers who specialize in optimizing property listings. Aside from doing the marketing side of your rental, these experts can also handle tasks from the pricing strategy to communication with guests. You can also hire them for property upkeep and maintenance. However, these services come at a cost usually with a commission-based pricing structure. 

In the below, I’ve compiled the occupancy rates of major cities in the US, UK, Australia, and Canada. (There’s also a bonus of 50 global cities too!)  

 

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Guides

3 Companies Providing Airbnb Historical Data. (+Top use cases)

Learn how you can get Airbnb historical data within specific markets and their common use cases from this article!

Home > Resources > Guides 

3 Companies Providing Airbnb Historical Data. (+Top use cases)

airbnb historical data

3 Companies Providing Airbnb Historical Data. (+Top use cases)

Learn how you can get Airbnb historical data within specific markets and their common use cases from this article!

I’m the founder and developer behind Airbtics, a pioneering Airbnb analytics firm established in 2019. I have witnessed various use cases of Airbnb historical data in shaping strategic decisions. Whether you’re an Airbnb host, vacation rental manager, hedge fund manager trading Airbnb stocks, or a destination marketing organization, you can leverage Airbnb historical data. I’ll explain them later in this post. 

How to get Airbnb historical data?

Airbnb doesn’t provide this. Some companies have been collecting data by monitoring Airbnb listings’ calendars at regular intervals.  

4 leading vendors are AirDNA, AllTheRooms Analytics, Mashvisor, and Airbtics. Through these platforms, users gain access to crucial metrics such as occupancy rates, daily rates, and revenue trends within specific markets. AirDNA offers data at a daily level. Meanwhile, AllTheRooms Analytics and Mashvisor offer insights with monthly granularity. At Airbtics, we stand out by providing data granularity up to a daily level, with records stretching back to 2021.

airbnb historical data

6 common Airbnb historical data use cases

1. Strategic Investment Decisions: You can identify the most profitable cities for Airbnb investments through historical data analysis. Insights from Airbtics and other platforms empower investors to identify high-growth markets.

2. Neighbouhood-Level Analysis: You can find the different average occupancy rates of various neighborhoods. If this is what you need, you’ll find Airbtics useful as the data on the app is dynamic. You can move around different neighborhoods and it’ll show the statistics of different areas. 

airbnb historical data

3. Smart Pricing Strategies: Are you a revenue manager? Monitoring competitor rates and trends enables hosts and property managers to optimize pricing. Historical data gives a clear picture of market dynamics, allowing for smart pricing adjustments. If this is what you need, Airbtics offers various custom data solutions for your company. 

4. Listing Optimization: Benchmark against top-performing listings to optimize your listings. Historical data helps you with actionable insights to enhance listing occupancy rates. For example, you may find an insight that all the top listings in Dallas are offering Hot Tubs.

5. Airbnb Stock price prediction: By analyzing the total number of booked nights in different cities, one can anticipate shifts in Airbnb prices. Historical data serves as a compass for navigating market trends.

6. User Demographics: Unique to Airbtics is the ability to decipher Airbnb user demographics, such as geographical origins. This insight enables better targeting of marketing efforts. This is useful for DMOs or local governments.

Pricing 

If you are looking for customized data, it’ll typically start from $500 or more. Otherwise, you can simply use their app, and see the historical data from their dashboards. It’ll cost you a maximum of $100 per market.  

3 things to consider when choosing Airbnb historical data vendor

To leverage historical data effectively, several crucial considerations come into play:

1. Data Quality: Relying on subpar data can lead to misguided decisions. Before diving in, utilize the free version of the app to test data quality and accuracy.

2. Data Delivery Methods: Does the platform offer data through APIs or CSV files? A seamless and efficient data delivery mechanism is essential for streamlined decision-making.

3. Granularity Matters: Data granularity impacts the depth of insights. Can you access data on a monthly or daily basis? Is the data available at a market or individual listing level? Tailoring data granularity to your specific needs is paramount.

Looking for an accurate Airbnb Analytics?

At Airbtics, precision is our hallmark. Our data granularity, accessible via API, extends to individual listings, ensuring the most comprehensive insights. We take immense pride in our 97% accuracy rate (We compared our total number of nights booked on Airbnb prediction to Airbnb’s financial report). 

Meet our enterprise customers
Meet our enterprise customers

TechVestor

TechVestor is a short-term rental investment fund. They receive Airbnb performance data of various markets in the US on a monthly basis to do analysis on each markets. It helps them to stay ahead in the market by knowing the trends fast. For example, they may find out the top Airbnb listings in a market X have hot-tub using our data.

PropR

PropR is a data-driven short-term rental management company based in South Africa, and also expanding into Dubai and European markets with over 400 listings. They receive our Airbnb pricing data on a weekly basis to feed their custom pricing algorithm. Result? It works better than any other dynamic pricing tool in the market because all short-term rentals are unique. They don’t leave a single dime on the table when it comes to setting nightly rates!

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

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Purchasing a property investment in France is a complex task and it requires a lot of analysis. In this article, we’ll feature the various kinds …

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cost segregation for short-term rental
Cost Segregation for Short-Term Rental

Home > Resources > Hosting Tips >  Cost Segregation for Short-Term Rental Hosting Tips Cost Segregation for Short-Term Rental Unlock the secrets of cost segregation for …

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All About Airbnb Hosting Tips

Exclusive Black Friday Deals for Airbnb hosts Limited time only!

5 Markets - Standard Plan Deal for New Users: Before $149 | Black Friday Coupon: BF2022 Only for $299

  • Get full access to 5 regions’ data for only $99 for a limited time. The dashboard presents a region’s emerging markets and simulates cash returns using an Airbnb income calculator, along with weekly data updates, and historical performance data.
  • Airbnb hosts and property managers can easily discover accurate data for 5 regions – anywhere in the world!

Duration: December 03, 2022

Offer: 33% discount valid for 1 month

Payment: 

Option1. Go to this link and make a payment. Our customer onboarding team will reach out to provided email within 1 working day. https://buy.stripe.com/8wM4iN1Cs1h158cfZT

Option 2, Go to the app, click + button on the top right side to go to the payment page. Put BF2022 on checking out. 

COUPON CODE: BF2022

Discover Emerging Markets: Occupancy Rates, Daily Rates, Seasonality, and more

  • Simulate your Cash Return
  • Define Competitive Sets to Track and Benchmark
  • Achieve MORE PROFIT for your next investments!
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All About Airbnb Hosting Tips

Exclusive Black Friday Deals for Airbnb hosts Limited time only! (Current Subscribers only)

30 Markets - Enterprise Plan Deal for Existing Users: Before $599 | Black Friday Coupon: Only for $299

  • Full dashboard access to 30 markets with 12 months of historical data of up to 600,000 short-term rentals.
  • Consult with our team for an exclusive property sourcing service giving you at least 5 high-income potential property deals based on your preferred markets.
  • See full details here

Duration: December 03, 2022

Offer: 50% discount valid for 1 month

Payment: https://buy.stripe.com/6oEbLf5SIf7R8kofZU

You will be able to enjoy our enterprise subscription at $299/mo (typically $599/mo). You will get a full-refund to your current subscription (either $149.95/mo or $74.95) once you made the payment to the above link within 1 working day. 

Our customer onboarding team will reach out via provided email within 1 working day.

Upgrade to Enterprise for 50% OFF & receive at least 5 property deals NOW

 Discover Emerging Markets: Occupancy Rates, Daily Rates, Seasonality, and more

  • Simulate your Cash Return
  • Define Competitive Sets to Track and Benchmark
  • Achieve MORE PROFIT for your next investments!
  • Did you know that we recently sourced high-income potential properties for our clients?

One of our clients wanted to expand their Airbnb business to Spain and Portugal, hence they upgraded to our Enterprise Plan and we started working with them to find the properties and the realtors to contact based on their budget and ROI goals!

 

Check out the sample of what you’ll get for this Enterprise plan:

Click here to check out the second property for sale

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Guides

Airbnb Investment Sourcing As A Service

What is property sourcing by Airbtics?

It is a free service for our Enterprise subscription users ($599.95/mo). Our team of data analyst and real estate expert will identify & vet high return Airbnb investment opportunities for you. 

You can expect to receive at least 5 deals with contact addresses of realtors. All deals will be personally selected by our analysts, and we will contact the realtors to understand the hidden costs and feasibility to do Airbnb. Finally, we will use our own data to ensure it will exceed 20% gross rental yield or 50% first year cash return with above 50% LTV mortgage. 

Currently, it is only available in the US, the UK and Spain. If you are from other areas, please let us know.

How does it work? 

Step 1
Once you subscribe to the Enterprise plan, an account manager will reach out to you in 1 working day. You will be asked to fill out a questionnaire to let us know about your property search criteria. (E.g. which areas, budget, mortgage availability etc).

Step 2
Our analysts will do the property search and use our own data to analyze the properties. We will keep you in the loop. 

How can I get started?

Step 1

Go to our app and sign up.

Step 2

Click the plus button located on the top bar.

Step 3

Select the Enterprise plan and complete the payment. Our relationship manager will reach out to you in 1 working day. 

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Support Why Airbtics

Airbnb Rental Arbitrage Market Research 101

Here’s the objective of this blog: To build a property search filter to accurately identify high-return rental arbitrage properties repeatedly. Being able to identify the right opportunities will help you to achieve the ultimate financial freedom by scaling your Airbnb business. 

How long does it take to build such filters? It will take about 10 minutes for you to evaluate 5 neighborhoods and build filters. 

Any major cities with more than 1 million in population or with more than 2,000 Airbnb listings are a good place to start if you don’t know where to start. Here’s our list for those cities in the US, UK, Canada, Australia, and Spain. If you aren’t living in any cities with the above criteria, you still can get started, but you may encounter problems in scaling later on.

Table of Contents
    Add a header to begin generating the table of contents

    Understanding the regulations 

    Different cities have different regulations, all of the above 150 cities are legally allowing to operate Airbnb business. However, you need to understand and master the rules and you need to plan the right approach. For instance, London (UK), only allows you to let out a residential property as a short-term rental for 90 days per calendar year. Tough! Still, there are a few ways to get around this – by renting it out as private rooms, filling the low season with mid-term bookings, and getting bookings from other channels.  

    You need the right mindset to start a business. There will be obstacles, but they should not stop you from building your Airbnb empire.

    Market Research – Neighborhood and Bedrooms

    The first step of your market research starts with identifying the average Airbnb (or short-term rental) revenues from various size and neighborhood combinations. For the explanation purpose, I will use the Bristol market as an example: BS1 (Bristol Downtown, UK) and BS8 (Clifton, UK).  

    Neighborhood

    Type of Bedrooms

    Average Rent Price (pcm)

    Airbnb Revenue

    Top 25%

    Rent – Revenue gap

    BS1

    1 bedroom

    £1,282

    £2,341

    £1,059

    BS1

    2-bedrooms

    £1,804

    £3,320

    £1,516

    BS1

    3-bedrooms

    £1,837

    £4,047

    £2,210

    BS8

    1-bedroom

    £1,039

    £2,517

    £1,478

    BS8

    2-bedroom

    £1,431

    £3,333

    £1,902

    BS8

    3-bedrooms

    £1,858

    £4,976

    £3,118

    The purpose of building this table is for you to understand which bedroom and neighborhood combination has good rental arbitrage opportunities on average. You can focus on areas with the big gap between average rent price and average Airbnb revenue. 

    How do you build this dataset? It is very simple. Go to our market research app, and search for your market, and click the “market overview” button. It’ll generate a CSV file with Airbnb revenue of different bedrooms in a click. You can repeat the process with a few zip codes or neighborhoods, then you will have a clear idea of what type of bedrooms and where are profitable. 

    *For average rent price, you can get the data from property websites like Zillow, or simply, find 5 properties for rent in that neighborhood and get the average.  

     

    how much can you make on airbnb

    Build a property search filter for rental arbitrage

    Now you have ideas on which areas have good profit potential. It’s time for you to build a property search filter. Creating this allows you to identify profitable properties at scale. 

    A property search filter has 3 criteria 1) rental price 2) location and 3) size. This is the filter you will use to find properties for rent. For the rental price, you should use the average rent price you used above, but you can adjust it depending on your situation. 

    Here is an example

    • A 3-bedroom apartment in BS8 for under £1850 per month. 

    Once you set the filter, you can go to Zillow, find all properties that match your criteria, and contact the owners to learn more about the properties before sending offers to them. These properties are supposed to give you a high return. 

    That’s it! 

    Airbtics
    Categories
    Airbnb Investment All About Airbnb

    Florida Airbnb Rental Yield data

    Florida Rental Yield Hotspots

    Airbnb & Short-term rental market data on the best rental yields in Florida

    • Click the city name to see detailed market data. 
    • Used Home Values data from Zillow to calculate Gross Rental Yields.
    • Used 1-bedroom Airbnb revenue data from Airbtics App.
    House Price Annual Revenue Airbnb Occupancy Rate Average Yield
    Miami $338,450 $48,342 58% 14.28%
    Fort Lauderdale $279,341 $28,490 57% 10.20%
    St Augustine Beach $248,883 $32,579 59% 13.09%
    Jacksonville Beach $314,580 $37,808 52% 12.02%
    Orlando $155,167 $30,559 52% 19.69%
    Tampa $235,172 $30,375 55% 12.92%
    Clearwater $157,067 $30,820 57% 19.62%
    Fort Myers $155,216 $12,398 47% 7.99%
    Key West $705,980 $140,878 57% 19.95%
    St Petersburg $175,035 $26,452 54% 15.11%

    Available Dataset for purchase

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    Airbnb Investment Blog posts

    Airbnb Calculator | Host Profit Estimator

    Airbnb Calculator

    Instantly See Your Airbnb's Estimated Revenue

    The leading Airbnb profit calculator in the short-term rental industry. Discover your Airbnb earnings potential.

    Check out our Free Airbnb Calculator

    Wondering how to make the most money from Airbnb? Use the Airbtics Host Profit Calculator, a free Airbnb calculator to simulate your return on investment and cash, with any address worldwide.

    Enter any address on earth to access the following data points for free with full transparency:

    Airbnb Calculator by Airbtics
    Airbnb Calculator

    How much can I make on Airbnb?

    A simple way to calculate your Airbnb revenue is by multiplying the year-round occupancy rate and your average daily rate. If you charge $150/night and achieve a 70% occupancy rate, you will make around $150*0.70*365, which is $38,325 before expenses and taxes. 

    Airbnb Occupancy Rate x Average Daily Rate x 365 = Your Airbnb Revenue

    Currently, there is a lack of good short-term rental (STR) income calculators in the market, and the ones that are available do not clearly show how they calculated the numbers. If you want to know how much can you make on Airbnb, then use Airbtics’ free Airbnb calculator to get a full transparent computation of your Airbnb earnings.

    Airbtics is a short-term rental data platform providing historical, current, and forecasted rental data. With the Airbtics app, you have access to over 15 million short-term rental listings from Airbnb and 54,000 visible markets globally.

    We take our data accuracy seriously. Therefore, we update our data every week so our users can only get the fresh and latest Airbnb data from our app. Since 2020, the Airbtics data has 97% data accuracy in correlation with Airbnb’s financials. In fact, Awning’s Airbnb Estimator is powered by Airbtics. 

    We believe that making data-based decisions should be easy and accessible for you. Whether you’re an Airbnb host, property manager, property investor, estate agent, or anything in between, access valuable data most relevant to you and your business. 

     

    The ENEMY Method (DIY revenue estimation)

    Along with the calculator, you can also use the ENEMY method to ensure you estimate the accurate amount of revenue. The ENEMY method simply means going to the Airbnb site to find 5-10 listings that are most similar to the house you want to list on Airbnb. Then, check how many days are booked in the next 6-8 weeks. Also, check how many reviews on average they get every month. Compile them on an Excel sheet. You may see some interesting patterns.

    Airbnb calculator - 2

    How Does Airbtics’ Free Airbnb Calculator Work?

    Our free Airbnb calculator has nearly 9,000 active monthly users–from Airbnb investors, hosts, property managers, real estate agents, and anyone who wants to know how much can they make on Airbnb. Here are simple steps to use it:

    Enter property address anywhere in the world

    Enter the property address, select property type, choose the # of bedrooms, # of bathrooms, and whether the property has a pool. The provided details enhance the accuracy in generating optimal Airbnb estimated revenue.

    You can also search directly in the Airbtics dashboard to calculate ROI of your property. All you need to do is to sign up for free.

    Airbnb Estimator: Forecast your Airbnb Estimated Revenue

    Our Airbnb profit calculator goes beyond the typical Airbnb calculators out there. With its notable features, you capture more insights to make smarter decisions.

    • Comps Transparency: Imagine you want to know how much money you can make from renting your house on Airbnb. This special tool not only tells you about houses nearby but also finds ones that are a lot like yours. That way, you can trust the information more and be sure you’re making a good choice for your rental.
    • Rental Arbitrage: This Airbnb calculator tells you how much money you’ll earn in Airbnb arbitrage by looking at things like how much you pay for rent, one-time costs, and monthly expenses. It helps you know if renting your place is a smart money move.
    • Mortgage Calculation: Let’s say you borrowed some money to buy your house, and you’re wondering if it’s a good deal. This free Airbnb estimator lets you put in the details, like how much interest you’re paying and how much you put down. It’s a calculator that helps you see if your house is making you money or not.
    • Comparison Tool: This free Airbnb tool is like having a magic way to see lots of different houses all at once. It helps you pick the best one by showing you how much money you can make, whether it’s all the money or just what’s left after paying bills. It helps you choose the one that will give you the most money. So, it’s like your money-making assistant!

    Airbnb Earnings Calculator FAQs

    Which expenses should I include?

    Monthly Expense: You should include 1) repayment portion of mortgage 2) bills and utilities and 3) supplies fee. You should not include cleaning fees. Airbnb guests pay the cleaning fee, so it isn’t included in either ADRs or expenses. 

    Yearly Expense: You should include 1) property depreciation 2) any other annual recurring fees. 

    What is a one-off cost?

    One-off cost is a one-time expense (legal fees, refurbs, transaction fees, mortgage fees etc) you pay when purchasing property and paying for renovations. The one-off cost (combined with the down payment) is used to calculate Cash on Cash return

    I'm confused with profit tax

    In most countries, you need to pay taxes on any profit generated from your properties. However, the way they calculate tax isn’t a flat rate. For example, in the U.K., you won’t have to pay tax on a certain amount of profit at first. 

    In that case, you can first simulate the profit with 0% profit tax, which will then show you how much your revenue and expenses are. Then, you can calculate yourself around how much % of tax you need to pay from your profit, then put that % in the profit tax section. 

    Categories
    Airbnb Occupancy All About Airbnb

    Airbnb Analysis on Florida East Coast Beaches: Occupancy Rates, Best Neighbourhoods & more!

    Florida is the short-term rental heaven, one of the most touristy states in the US. If you are sick of the cold winter, operating a vacation home in Florida may be a good excuse to visit there every winter. Of course, all while generating profitable cash flow to sustain your mortgage fees and all. It’s also easy to get a permit to run an Airbnb business here, most counties are quite friendly to Airbnb hosts. 

    In this post, we’ll specifically showcase some of the important numbers you need to know if you want to start a vacation rental on the east coast side of Florida. The average 1 BD / BA condo in East coast Florida can generate $2,950. Their average occupancy rate is 52% and the average daily rate is $161 per night. 

    While this may sound enticing to Airbnb hosts who would like to invest their time and money, you have to keep in mind that some neighborhoods may not offer an equal amount of return on investment.

    The good news is that we’ve created this article to guide you through!

    Airbnb Statistics in Florida East Coast Beaches - 1 BD / 1BA Condo

    Collins avenue

    2021 Average occupancy rate: 54%

    2021 Median daily rate: $291

    2021 Average monthly revenue: $4714

    Miami Beach

    2021 Average occupancy rate: 55%

    2021 Median daily rate: $244

    2021 Average monthly revenue: $4322

    Downtown Miami

    2021 Average occupancy rate: 55%

    2021 Median daily rate: $240

    2021 Average monthly revenue: $4291

    American Beach

    2021 Average occupancy rate: 59%

    2021 Median daily rate: $196

    2021 Average monthly revenue: $3978

    Hollywood

    2021 Average occupancy rate: 56%

    2021 Median daily rate: $192

    2021 Average monthly revenue: $3668

    Sunny Isles Beach

    2021 Average occupancy rate: 59%

    2021 Median daily rate: $170

    2021 Average monthly revenue: $3533

    Jacksonville Beach

    2021 Average occupancy rate: 59%

    2021 Median daily rate: $170

    2021 Average monthly revenue: $3514

    Miami

    2021 Average occupancy rate: 55%

    2021 Median daily rate: $191

    2021 Average monthly revenue: $3422

    St. Augustine Beach

    2021 Average occupancy rate: 63%

    2021 Median daily rate: $147

    2021 Average monthly revenue: $3198

    Fernandina Beach

    2021 Average occupancy rate: 55%

    2021 Median daily rate: $123

    2021 Average monthly revenue: $3180

    South Ponte Vedra Beach

    2021 Average occupancy rate: 61%

    2021 Median daily rate: $135

    2021 Average monthly revenue: $2878

    Delray Beach

    2021 Average occupancy rate: 48%

    2021 Median daily rate: $176

    2021 Average monthly revenue: $2774

    Fort Lauderdale

    2021 Average occupancy rate: 54%

    2021 Median daily rate: $148

    2021 Average monthly revenue: $2744

    Neptune Beach

    2021 Average occupancy rate: 52%

    2021 Median daily rate: $147

    2021 Average monthly revenue: $2723

    Daytona Beach

    2021 Average occupancy rate: 49%

    2021 Median daily rate: $163

    2021 Average monthly revenue: $2720

    Ormond Beach

    2021 Average occupancy rate: 50%

    2021 Median daily rate: $153

    2021 Average monthly revenue: $2649

    Cocoa Beach

    2021 Average occupancy rate: 64%

    2021 Median daily rate: $111

    2021 Average monthly revenue: $2626

    New Smyrna Beach

    2021 Average occupancy rate: 49%

    2021 Median daily rate: $217

    2021 Average monthly revenue: $2620

    Butler Beach

    2021 Average occupancy rate: 58%

    2021 Median daily rate: $114

    2021 Average monthly revenue: $2613

    Wynwood

    2021 Average occupancy rate: 52%

    2021 Median daily rate: $166

    2021 Average monthly revenue: $2457

    Jupiter

    2021 Average occupancy rate: 38%

    2021 Median daily rate: $145

    2021 Average monthly revenue: $2288

    Near Miami Internatinoal airport

    2021 Average occupancy rate: 56%

    2021 Median daily rate: $134

    2021 Average monthly revenue: $2242

    West Palm beach

    2021 Average occupancy rate: 47%

    2021 Median daily rate: $122

    2021 Average monthly revenue: $2167

    Vero Beach

    2021 Average occupancy rate: 48%

    2021 Median daily rate: $118

    2021 Average monthly revenue: $2088

    Jensen beach

    2021 Average occupancy rate: 41%

    2021 Median daily rate: $158

    2021 Average monthly revenue: $2071

    Melbourne

    2021 Average occupancy rate: 53%

    2021 Median daily rate: $107

    2021 Average monthly revenue: $2039

    Playalinda Beach

    2021 Average occupancy rate: 49%

    2021 Median daily rate: $180

    2021 Average monthly revenue: $1577

    airbnb occupancy rates Florida

    Through this accurate & reliable information, you can compare each listing in order to strategize properly and answer the most important question: is it going to maximize your revenue in the long run, or not?

    Frequently Asked Questions

    You need to get a short-term rental permit by the Florida Department of Business and Professional Regulation (DBPR). However, according to our own Airbnb listing analysis, more than 50% of Airbnb listings in Florida didn't submit their license information to Airbnb. Pshhh…

    According to our data analysis, the first half of the year, January - June, has higher occupancy rates than the latter half of the year. However, the average nightly rate is higher during the latter half of the year.

    $251 per night in 2021. It's $191 for 1 bd / 1 ba condo. 

    If you are looking for the highest revenue, the coastline that is close to Miami beach is a good bet. For example, Collins Avenue, Miami Beach, Downtown Miami, and Hollowood have the highest average revenue for 1bd / 1 ba condos. 

    Cocoa Beach, St. Augustine Beach, South Ponte Vedra Beach, American beach, Jacksonville Beach, and Sunny Isles beach have an average occupancy rate of 59% or higher. 

    Zillow or Redfin has the most amount of properties available for sale. Alternatively, Vroilo and Awning are specialized vacation home online brokers. You can also speak with realtors in the areas. 

    First of all, having a pool will increase your RevPAR pretty efficiently. Our data says you will make 44% more, in the case of Miami, if your listing has access to a pool. Secondly, A hot tub can add about 42% of revenue. Making your listing pet-friendly will increase your RevPAR by 12% - is it worth all the deep cleaning you need to do? Up for you to decide!  

    Where is the best beaches in East Florida for short-term rental property investment?

    When it comes to picking high net rental yield investment properties, it’s less about the area but it’s more about the specific properties for sale that you choose. But the data analysis we are going to show could guide you on which areas to look at more carefully. it’s better to start in upcoming or undervalued areas.

    airbnb occupancy rates Florida

    So, this image shows that the property price tends to get higher in the Miami area, but interesting point here is that the property price isn’t that high in Jacksonville area, which has similar amount of average annual Airbnb revenue. This means there is a good chance that you can find a relatively cheap property up in the north east coast, and run an Airbnb to generate high cash return. 

    CANT SEE YOUR PREFERRED CITY IN FLORIDA?

    Check out the average Airbnb occupancy rates by city now! 

    If you are looking forward to running your Airbnb business in the long term, strategizing your occupancy & daily rates are just as important as maximizing your revenue.

    Thanks to technology, you can analyze all that using an accurate short-term rental analytics that can help you estimate your earnings!

    airbnb london revenue
    how much can you make on airbnb

    Airbnb Average Occupancy Rate in Florida East Coast Beaches - 1 BD / 1BA Condo

    airbnb occupancy rates Florida

    The above bar chart shows the 2021 average occupancy rates of 1 bedroom / 1 bathroom condo in each of the destinations.

    Having an estimated percentage of your occupancy rate is one of the most essential key performance indicators for hosts in the Airbnb business.

    This refers to the proportion of days in a month for which your property has bookings.

    Primarily, as seen on the bar chart, Cocoa Beach, St.Augustine Bech, South Ponte Vedra are the top 3 highly occupied destinations. Jupiter Beach, Jensen Beach and Vero Beach are not so doing well! Should you avoid them? Well, it depends, you might find a good deal in that city, or maybe it’s just the 1 bed / 1 bath condo that isn’t doing so well in these regions. You still need to do further analysis. 

    Airbnb Data
    Airbnb Data

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