Homepage/ Top Airbnb Cities / Asia / Southeast Asia / The Philippines

Best Airbnb Markets in The Philippines (2026)

Based on Airbtics data from January 2025 to December 2025, this page shows the top Airbnb locations to invest in The Philippines with key statistics and information, like short-term rental regulations, number of listings, occupancy rate, average daily rate, and annual revenue. This allows you to discover the most profitable cities to invest in, buy, and own Airbnb rental properties in The Philippines.

The Airbtics Market Score indicates how attractive a location is for investing in an Airbnb rental property. We determine this score based on the following criteria:

  1. Short-term rental yield: The ratio between annual revenue and property price, as a percentage. Locations with higher Airbnb rental yield score better.
  2. Short-term rental regulations: How STR-friendly the local Airbnb rules and laws are. Markets with more lenient regulations get a higher score.
  3. Market size: The number of Airbnb listings. Larger vacation rental markets get a higher score as it is easier for investors to buy and sell properties.
  4. Growth: How fast the market is becoming saturated. Priority is given to markets that are already developed but are not approaching saturation yet.
  5. Seasonality: To what degree Airbnb performance is affected by seasonality. Less seasonal impact is preferred as investors can enjoy a more stable short-term rental performance throughout the year.
Learn more about how we collect the data and accuracy

Last updated: February, 2026

The Philippines Short-Term Rental Market Overview (Full-Year 2025 Analysis)

National averages across all The Philippines markets
Average Occupancy Rate i
45.38%
Average Annual Revenue i
₱416,677
Average Daily Rate (ADR) i
₱2,518
YoY Supply Growth i
29.61%
YoY Revenue Change i
-1.00%

Top 16 The Philippines Cities for Airbnb in 2026

Position Market Grade Market Name Regulation No of Listings Avg. Occupancy Rate Avg. Daily Rate Revenue Short-term Rental Yield Rent Gap
1E+Metro manila
Lenient
25,58549%₱2,135₱394,63112.3%34.5%
2C+Cebu city
Lenient
4,23756%₱1,847₱387,35812.3%34.5%
3C+Baguio
Lenient
3,43942%₱2,943₱463,20312.3%34.5%
4D+Tagaytay
Lenient
2,69732%₱2,597₱317,40212.3%34.5%
5D+Davao city
Lenient
2,49445%₱1,962₱332,69812.3%34.5%
6ALapu-lapu city
Lenient
2,14848%₱1,847₱332,40912.3%34.5%
7BSiargao island
Lenient
1,47066%₱2,597₱634,05412.3%34.5%
8BBohol
Lenient
1,35243%₱2,193₱350,99512.3%34.5%
9B+Iloilo
Lenient
1,26451%₱1,904₱362,88512.3%34.5%
10BCagayan de oro city
Lenient
1,03941%₱1,789₱277,05612.3%34.5%
11BSubic beach
Lenient
1,02633%₱4,559₱561,21112.3%34.5%
12B+Angeles
Lenient
1,00251%₱2,886₱547,41612.3%34.5%
13E+San juan beach ph
Lenient
92532%₱3,924₱468,51312.3%34.5%
14BBacolod
Lenient
87545%₱1,904₱321,73112.3%34.5%
15DBoracay
Lenient
87352%₱3,290₱631,97612.3%34.5%
16CPuerto princesa city
Lenient
59240%₱1,904₱283,28912.3%34.5%

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.

Explore Interactive Tool

📊 Want a deeper dive into The Philippines's STR market?

Explore our comprehensive 2025 Short-Term Rental Market Report for The Philippines, featuring detailed market trends, supply analysis, and year-over-year insights.

View 2025 Market Report

Why Invest in Airbnb The Philippines in 2026?

In recent years, The Philippines has emerged as one of the best locations for investing in short-term rentals thanks to its popular tourist attractions, thriving business activities, growing digital nomad presence, and vibrant cities like Siargao island, Boracay and Subic beach. With millions of international visitors coming each year, the demand for vacation rental accommodations is growing, making Airbnb The Philippines a lucrative option for both local and foreign investors.

Due to strong demand from travelers, The Philippines offers competitive average daily rates (ADR), healthy occupancy rates, and attractive revenue potential in the best Airbnb markets. Whether you're looking to start your first Airbnb business with a modest budget or to add a luxury short-term rental property to your portfolio, The Philippines has a profitable location to meet your budget and aspirations as an investor.

Market Saturation Analysis: The Philippines

Benchmark: Markets are categorized relative to The Philippines's national averages (Supply: +29.6%, Revenue: -1.0%). Markets above the national average are marked with ↑, while those below are marked with ↓.

🟢

Healthy Growth

Supply > avg, Revenue > avg
Expansion with demand keeping up

  • Iloilo Supply: +44.3% | Revenue: +7.3%
  • Lapu-lapu city Supply: +38.9% | Revenue: +6.5%
  • Bohol Supply: +35.0% | Revenue: +1.3%
  • Bacolod Supply: +32.3% | Revenue: +1.2%
🟡

Early Saturation

Supply > avg, Revenue ≤ avg
Competition rising

  • Metro manila Supply: +36.6% | Revenue: -8.2%
  • Davao city Supply: +35.7% | Revenue: -3.2%
🔵

Under-the-Radar

Supply ≤ avg, Revenue > avg
Hidden opportunities

  • Subic beach Supply: +26.7% | Revenue: +8.2%
  • Cagayan de oro city Supply: +23.1% | Revenue: +1.1%
  • Puerto princesa city Supply: +26.6% | Revenue: +0.3%
  • Angeles Supply: +25.5% | Revenue: -0.3%
  • Cebu city Supply: +27.7% | Revenue: -0.5%
🔴

Declining

Supply ≤ avg, Revenue ≤ avg
Risky markets

  • Boracay Supply: +26.8% | Revenue: -7.8%
  • Baguio Supply: +24.1% | Revenue: -6.1%
  • San juan beach ph Supply: +25.3% | Revenue: -5.8%
  • Tagaytay Supply: +18.7% | Revenue: -5.8%
  • Siargao island Supply: +26.6% | Revenue: -4.0%

Best Cities for Airbnb in The Philippines by Budget

Top 3 Affordable & Mid-Range Airbnb Markets: $500,000 & Below

These markets offer accessible investment opportunities with lower to moderate property prices, suitable for investors seeking entry-level or mid-range options.

  1. Cagayan de oro city
    • Property price: ₱3,463,200
    • STR revenue: ₱277,056/year
    • Yield: 11.1%
  2. Bacolod
    • Property price: ₱3,463,200
    • STR revenue: ₱321,731/year
    • Yield: 12.1%
  3. Iloilo
    • Property price: ₱4,329,000
    • STR revenue: ₱362,885/year
    • Yield: 11.7%

Top 3 Best Places for Airbnb Arbitrage in The Philippines

  1. Siargao island
    • STR revenue: ₱634,054/year
    • Rent gap: ₱278,660
  2. Iloilo
    • STR revenue: ₱362,885/year
    • Rent gap: ₱162,366
  3. Subic beach
    • STR revenue: ₱561,211/year
    • Rent gap: ₱159,618



Estimate Your Airbnb Income in The Philippines



Ready to start looking for the most profitable short-term rental investment opportunities in The Philippines?

Use our Airbnb calculator to quickly and accurately estimate the earning and profitability potential of any city, neighborhood, and area.

Try Our Airbnb Calculator