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Best Airbnb Markets in The Philippines (2026)

Based on Airbtics data from September 2025 to August 2026, this page ranks the best Airbnb markets in The Philippines by Market Grade. The grade compares short-term rental yield, year-over-year revenue growth, and occupancy (demand), then adjusts for local regulation. The table also shows listing count, average daily rate, and annual revenue for every market.

Markets on this page are ranked by the Airbtics Market Grade, not by the number of listings. The grade compares each market with the other markets in this ranking on three measures, then adjusts for local short-term rental regulation.

  1. Yield: Annual short-term rental revenue divided by property price. A higher yield ranks higher.
  2. Growth: Year-over-year change in revenue. Faster revenue growth ranks higher.
  3. Demand: Average occupancy rate over the last 12 months. Higher occupancy ranks higher.

Stricter short-term rental regulation lowers the letter grade. Occupancy, average daily rate, and annual revenue are shown for every market. Exact yield and revenue growth are published for the three highest-graded markets. For every other market those two figures are in Market Explorer. The rankboard plots the same markets by occupancy and average daily rate, and the table under the chart lists those values in text.

Learn more about how we collect the data and accuracy

Last updated: 16th October, 2026

The Philippines Short-Term Rental Market Overview (September 2025 to August 2026)

National averages across all The Philippines markets
Average Occupancy Rate i
43.69%
Average Annual Revenue i
₱434,700
Average Daily Rate (ADR) i
₱2,716
YoY Supply Growth i
52.48%
YoY Revenue Change i
-7.03%

Top 16 The Philippines Cities for Airbnb in 2026

Tick the markets you like to track their revenue, occupancy, and ADR in your Airbtics watchlist. Free to start, up to 10 markets.

Position Market Grade Market Name Regulation No of Listings Avg. Occupancy Rate Avg. Daily Rate Revenue Short-term Rental Yield Revenue Growth
1ACagayan de Oro City
Lenient
1,23341%₱1,908₱293,71612.6%-4.4%
2BBaguio
Lenient
3,96941%₱3,117₱479,77011.2%-5.7%
3BAngeles
Lenient
1,08849%₱3,117₱571,65114.7%-6.6%
4BBacolod
Lenient
98543%₱2,036₱328,903Unlock in Market ExplorerUnlock in Market Explorer
5CMetro Manila
Lenient
28,67348%₱2,290₱415,313Unlock in Market ExplorerUnlock in Market Explorer
6CCebu City
Lenient
4,53654% 🚀₱2,036₱411,622Unlock in Market ExplorerUnlock in Market Explorer
7CDavao City
Lenient
2,97244%₱2,163₱358,873Unlock in Market ExplorerUnlock in Market Explorer
8CSiargao Island
Lenient
1,58059% 🚀₱2,799₱614,920Unlock in Market ExplorerUnlock in Market Explorer
9CIloilo
Lenient
1,47348%₱2,036₱366,954Unlock in Market ExplorerUnlock in Market Explorer
10CSubic Beach
Lenient
1,19632%₱4,963₱593,413Unlock in Market ExplorerUnlock in Market Explorer
11CSan Juan Beach Ph
Lenient
1,08533%₱4,072₱503,440Unlock in Market ExplorerUnlock in Market Explorer
12C+Tagaytay
Lenient
2,86631%₱2,863₱338,320Unlock in Market ExplorerUnlock in Market Explorer
13C+Lapu-Lapu City
Lenient
2,41246%₱1,972₱340,929Unlock in Market ExplorerUnlock in Market Explorer
14C+Boracay
Lenient
1,03250%₱3,499₱651,443Unlock in Market ExplorerUnlock in Market Explorer
15D+Bohol
Lenient
1,48341%₱2,417₱371,599Unlock in Market ExplorerUnlock in Market Explorer
16D+Puerto Princesa City
Lenient
63139%₱2,163₱314,332Unlock in Market ExplorerUnlock in Market Explorer

Data Seen By

BiggerPockets
Trustpilot

Market Explorer

Filter markets by occupancy, price, and yield

Filter The Philippines by occupancy, ADR, yield, rent gap, and property price, then compare markets side by side.

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Find the Best Airbnb Markets with Our Interactive Tool

Use our interactive Market Explorer to find the best places to start an Airbnb in The Philippines. Compare multiple markets side by side, apply filters like regulations, budget (property or rent prices), and market size, and even export the results to Excel.

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Why Invest in Airbnb The Philippines in 2026?

The highest-graded short-term rental markets in The Philippines are Cagayan de Oro City, Baguio and Angeles. The table ranks every tracked market by Airbtics Market Grade. Occupancy, average daily rate, annual revenue, yield, and revenue growth are the figures behind that grade.

Top 3 Airbnb markets in The Philippines by Market Grade

These are the three highest-graded Airbnb markets in The Philippines. Market Grade compares yield, revenue growth, and occupancy (demand) with the other markets on this page, then adjusts for short-term rental regulation. The chart repeats those three percentiles in text so the ranking is readable without the graphic.

Rank 1 — Cagayan de Oro City (Grade A)

Cagayan de Oro City is rank 1 of 16 markets in this The Philippines ranking by Airbtics Market Grade A, with 12.6% short-term rental yield, 41.0% occupancy, and -4.4% year-over-year revenue growth.

Compared with the other markets on this page, Cagayan de Oro City ranks top 16% for yield, top 16% for growth, and lowest 34% for demand. The market shows an average daily rate of ₱1,908, annual revenue of ₱293,716, a rent gap of 2413.3%, 1,233 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of ₱3,817,800.

  • Market gradeA
  • Yield12.6%
  • Revenue growth-4.4%
  • Occupancy41.0%
  • Average daily rate₱1,908
  • Annual revenue₱293,716
  • Rent gap2413.3%
  • Active listings1,233
  • 2-bedroom price₱3,817,800
  • RegulationLenient
top 16%Yieldtop 16%Growthlowest 34%Demand

Percentile versus other The Philippines markets on this page. Farther from the center is stronger.

  • Yield: top 16%
  • Growth: top 16%
  • Demand: lowest 34%

Rank 2 — Baguio (Grade B)

Baguio is rank 2 of 16 markets in this The Philippines ranking by Airbtics Market Grade B, with 11.2% short-term rental yield, 41.0% occupancy, and -5.7% year-over-year revenue growth.

Compared with the other markets on this page, Baguio ranks top 28% for yield, top 34% for growth, and lowest 34% for demand. The market shows an average daily rate of ₱3,117, annual revenue of ₱479,770, a rent gap of 2287.8%, 3,969 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of ₱5,408,550.

  • Market gradeB
  • Yield11.2%
  • Revenue growth-5.7%
  • Occupancy41.0%
  • Average daily rate₱3,117
  • Annual revenue₱479,770
  • Rent gap2287.8%
  • Active listings3,969
  • 2-bedroom price₱5,408,550
  • RegulationLenient
top 28%Yieldtop 34%Growthlowest 34%Demand

Percentile versus other The Philippines markets on this page. Farther from the center is stronger.

  • Yield: top 28%
  • Growth: top 34%
  • Demand: lowest 34%

Rank 3 — Angeles (Grade B)

Angeles is rank 3 of 16 markets in this The Philippines ranking by Airbtics Market Grade B, with 14.7% short-term rental yield, 49.0% occupancy, and -6.6% year-over-year revenue growth.

Compared with the other markets on this page, Angeles ranks top 3% for yield, lowest 47% for growth, and top 22% for demand. The market shows an average daily rate of ₱3,117, annual revenue of ₱571,651, a rent gap of 2347.3%, 1,088 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of ₱4,772,250.

  • Market gradeB
  • Yield14.7%
  • Revenue growth-6.6%
  • Occupancy49.0%
  • Average daily rate₱3,117
  • Annual revenue₱571,651
  • Rent gap2347.3%
  • Active listings1,088
  • 2-bedroom price₱4,772,250
  • RegulationLenient
top 3%Yieldlowest 47%Growthtop 22%Demand

Percentile versus other The Philippines markets on this page. Farther from the center is stronger.

  • Yield: top 3%
  • Growth: lowest 47%
  • Demand: top 22%

Market Rankboard: The Philippines

Each dot is a vacation rental market in The Philippines, plotted by occupancy rate (x-axis) and average daily rate (ADR) (y-axis). Dashed lines mark the national median.

The Philippines Airbnb markets rankboard scatter chart showing occupancy rate versus average daily rate (ADR)
Occupancy rate and average daily rate for each The Philippines market plotted in the chart above, in Market Grade order.
MarketOccupancy rateAverage daily rate
Cagayan de Oro City41.0%₱1,908
Baguio41.0%₱3,117
Angeles49.0%₱3,117
Bacolod43.0%₱2,036
Metro Manila48.0%₱2,290
Cebu City54.0%₱2,036
Davao City44.0%₱2,163
Siargao Island59.0%₱2,799
Iloilo48.0%₱2,036
Subic Beach32.0%₱4,963
San Juan Beach Ph33.0%₱4,072
Tagaytay31.0%₱2,863
Lapu-Lapu City46.0%₱1,972
Boracay50.0%₱3,499
Bohol41.0%₱2,417
Puerto Princesa City39.0%₱2,163

Compare property prices, short-term rental yield, rent gap, annual revenue, and supply growth in the Airbtics Market Explorer watchlist.

See all Airbnb markets in The Philippines

Browse all 16 markets we track in The Philippines. Each link opens the market's Airbnb revenue and performance data page.

The Philippines Airbnb market FAQs

  • What are the best Airbnb markets in The Philippines?

    Airbtics ranks short-term rental markets in The Philippines by Market Grade. The grade compares yield (annual revenue divided by property price), year-over-year revenue growth, and occupancy, then adjusts for regulation. The highest-graded market in this dataset is Cagayan de Oro City. The main table lists markets in that order; use the Market Explorer to filter by budget, regulations, and more.

  • How many Airbnb markets does Airbtics track in The Philippines?

    We currently analyze 16 active short-term rental markets in The Philippines with listing supply, median occupancy, ADR, and revenue estimates.

  • What is the average Airbnb occupancy rate in The Philippines?

    The national average occupancy rate across tracked markets is 43.69% (LTM). Rates differ by city. Use the rankboard on this page, or open a market page for that city's numbers.

  • How do I compare Airbnb markets in The Philippines?

    Use the occupancy vs ADR rankboard on this page for a quick view, or open the Market Explorer to compare markets side by side, change chart axes, export to Excel, and save markets to a watchlist.

  • How can I estimate Airbnb income in The Philippines?

    Use our Airbnb income calculator to estimate revenue for a specific address, or open any market link below for median revenue and occupancy benchmarks.




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For trends, supply, and year-over-year changes, see the 2025 short-term rental report for The Philippines.