Germany Short-Term Rental Market Review 2025: Revenue, Occupancy & Supply Growth

Written by: Jae Seok An, Founder, Airbtics
Published: January 22, 2026

Germany Short-Term Rental Market Overview 2025

Average Occupancy Rate i
62.37%
Average Annual Revenue i
€25,551
Average Daily Rate (ADR) i
€111
YoY Supply Growth i
25.42%
YoY Revenue Change i
3.21%
Markets Analyzed
27

Number of Airbnb Listings Changes in Germany 2025

Which markets are experiencing rapid saturation?

A key consideration when entering a new short-term rental market is assessing whether it may become oversaturated. To evaluate this, we analyze the year-over-year supply change in Airbnb listings. The national average YoY supply change in Germany was 25.42% in 2025, indicating the overall growth trajectory of the market.

Markets with Largest Absolute Supply Increases in Germany

In absolute terms, Berlin experienced the largest increase with +1,288 new listings added in 2025. This was followed by Munich (+919 listings) and Rugen Island (+643 listings).

Markets with Fastest Relative Growth in Germany

In relative terms, Sylt experienced the most significant growth, with 38.38% more supply added over the 12-month period in 2025. Other rapidly expanding markets include Rostock (+36.09%) and Karlsruhe (+35.62%).

Short-Term Rental Revenue Trend in Germany 2025, and Future Outlook for 2026

Does increased supply necessarily indicate market saturation?

To assess market saturation, we examine year-over-year revenue trends. A decline in revenue per listing typically indicates heightened competition and potential oversaturation. The Germany average YoY change in revenue was 3.21% in 2025, representing an increase from $26,621 in 2024 to €25,551 in 2025.

Top Markets Revenue Performance

Berlin

€35,535 → €35,265 (-0.76% YoY)
🏰
Best Property Type Large (4+BD) • Budget ($)
🌍
Top Guest Origin United States
✈️
International Guests (vs Domestic) 36.0%
💰
Average Daily Rate €123
📊
Occupancy Rate 77.0%
📅
Seasonality High seasonality

Munich

€38,549 → €32,061 (-16.83% YoY)
🏰
Best Property Type Large (4+BD) • Budget ($)
🌍
Top Guest Origin United States
✈️
International Guests (vs Domestic) 67.0%
💰
Average Daily Rate €135
📊
Occupancy Rate 64.0%
📅
Seasonality High seasonality

Rugen Island

€25,515 → €26,362 (+3.32% YoY)
🏠
Best Property Type Small (Studio - 1BD) • Budget ($)
🌍
Top Guest Origin Netherlands
✈️
International Guests (vs Domestic) 11.0%
💰
Average Daily Rate €139
📊
Occupancy Rate 50.0%
📅
Seasonality High seasonality

For more detailed revenue YoY change analysis by market, access the Airbtics dashboard to explore specific market performance metrics.

Easiest Markets for Hosts in Germany 2025

Markets with high occupancy rates provide hosts with greater booking consistency, while markets with high booking volumes offer expanded opportunities across various property types and sizes.

Highest Occupancy Rate Markets in Germany 2025

Freiburg Im Breisgau recorded a year-round occupancy rate of 81.00%, which is among the highest in Germany. This was followed by Berlin (77.00%) and Hamburg (75.00%).

Highest Booking Volume Market in Germany 2025

Markets with high booking volumes present additional advantages, as they offer diverse opportunities across various property types and price points. The market that recorded the highest booking volume in Germany is Berlin, with approximately 1,862,799 nights booked in 2025.

Regulatory Landscape

We define a professionalized or strictly regulated market as one where over 50% of active Airbnb listings hold valid license information, indicating consistent enforcement and higher compliance. Markets below this threshold are considered unregulated or lenient.

In Germany, 5 out of 27 markets fall into the professionalized / strict regulation category. For detailed license compliance data and market-specific regulatory insights, the Airbtics dashboard provides the percentage of listings with valid licenses for each market, enabling investors to assess regulatory risk at a granular level.

Which Germany Markets Are Growing Healthily vs Overheating?

Understanding market saturation requires looking at both supply growth and revenue trends together. Markets are categorized by comparing their YoY supply and revenue changes against Germany's national averages. Markets where supply is growing faster than revenue (relative to national averages) may be approaching saturation, while markets with below-average supply growth but above-average revenue growth may present hidden opportunities.

Benchmark: Markets are categorized relative to Germany's national averages (Supply: 25.4%, Revenue: 3.2%). 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

  • Rostock Supply: +36.1% | Revenue: +18.3%
  • Mayen-Koblenz Supply: +27.0% | Revenue: +9.7%
  • Ortenaukreis Supply: +29.2% | Revenue: +9.5%
  • Essen Supply: +25.5% | Revenue: +7.9%
  • Bremen Supply: +33.7% | Revenue: +7.8%
  • +3 more markets
🟡

Early Saturation

Supply > avg, Revenue ≤ avg
Competition rising

  • Sylt Supply: +38.4% | Revenue: -12.2%
  • Frankfurt Am Main Supply: +33.9% | Revenue: -6.3%
  • Munich Supply: +33.8% | Revenue: -16.8%
  • Stuttgart Supply: +32.7% | Revenue: -4.1%
  • Nurnberg Supply: +27.5% | Revenue: -4.0%
  • +1 more markets
🔵

Under-the-Radar

Supply ≤ avg, Revenue > avg
Hidden opportunities

  • Bodenseekreis Supply: +24.5% | Revenue: +15.2%
  • Hochsauerlandkreis Supply: +23.4% | Revenue: +12.8%
  • Freiburg Im Breisgau Supply: +14.0% | Revenue: +12.5%
  • Garmisch-Partenkirchen Supply: +8.1% | Revenue: +9.7%
  • Dresden Supply: +18.8% | Revenue: +7.0%
  • +1 more markets
🔴

Declining

Supply ≤ avg, Revenue ≤ avg
Risky markets

  • Region Hannover Supply: +20.6% | Revenue: -5.2%
  • Berlin Supply: +24.1% | Revenue: -0.8%
  • Erfurt Supply: +14.8% | Revenue: -0.4%
  • Lubeck Supply: +13.2% | Revenue: -0.3%
  • Leipzig Supply: +20.3% | Revenue: +0.1%
  • +2 more markets

For the latest updates of the market data in Germany, check out our Best Airbnb Markets in Germany.

Data methodology

All metrics are calculated using active short-term rental listings tracked weekly by Airbtics. Revenue, occupancy rate, ADR, and supply growth are estimated from historical booking calendars, listing activity, and proprietary aggregation models.

Source: Airbtics
Learn data methodology →

Cite this report

Airbtics (2026). Germany Short-Term Rental Market Review 2025: Revenue, Occupancy & Supply Growth. https://airbtics.com/short-term-rental-market-report-2025-germany

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