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Ultimate Guide to Start Airbnb in The Philippines. Rules, Startup Cost, Profitability and Statistics.

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Quick Airbnb Statistics and Facts


All statistics below is collected and processed from Airbtics, unless specified otherwise. The observation period is between 2023 October to 2024 September.



  • There are 99,263 active listings in The Philippines.
  • The city with the most number of Airbnb Listings in The Philippines is Makati with 4,594.
  • The average occupancy rate of an Airbnb listing in The Philippines is 49%.
  • A typical listing charges PHP2,077 per night excluding service charge and cleaning fees.
  • The average income of Airbnb host is PHP387,878 per listing per year.
  • Startup cost: It costs around PHP81,385 to start an Airbnb listing. The major costs are to furnish bedrooms and living room.


How to start an Airbnb in The Philippines?



Short-term rental rules & regulations in The Philippines


For regulations, refer to Responsible Airbnb Hosting in Philippines.



How much does it cost to start an Airbnb in The Philippines?


Bedroom 1


In order for you to furnish a room like below, it'll cost you around PHP81,385 per bedroom.


bedroom
Mattress and bedframe Bedroom PHP11,544
Wardrobe Bedroom PHP9,235
Desk Bedroom PHP2,308
Desk chair Bedroom PHP1,154
Lighting Bedroom PHP2,308
Decorative Bedroom PHP2,308
Curtains Bedroom PHP1,154
Total Bedroom PHP30,014


Living room


For living room, it'll cost you around PHP114,516 and this'll include dining table set for 4 people.


livingroom
Sofa Living room PHP11,544
Dining table and chairs Living room PHP6,926
Coffee table Living room PHP1,154
Coffee machine Living room PHP2,308
Microwave Living room PHP2,308
Laundry Living room PHP11,544
Total Living room PHP35,786


Other costs


For living room, it'll cost you around PHP81,385 and this'll include dining table set for 4 people.


Finally, you need to budget for various supplies like towels. You may also need smart lock for self-checkin. This'll add another PHP15,584.

Towels Other PHP2,308
Pillows Other PHP2,308
Blankets Other PHP2,308
Smart lock Other PHP3,463
Security camera Other PHP2,308
Labour cost Other PHP2,886
Total Other PHP15,584


Total startup cost for 1, 2 and 3 bedrooms


Number of Bedrooms Total Furnishing Cost
1 Bd Startup Cost PHP81,385
2 Bd Startup Cost PHP114,516
3 Bd Startup Cost PHP144,530


Is it profitable to start an Airbnb in The Philippines?


The average host in the UK earns PHP387,878 per year. Here are the 3 cities with the most number of Airbnb listings. See the full list of 9 cities here.


Makati


  • Market Score: 9
  • Revenue: PHP485,886
  • Average Daily Rate: PHP2,251
  • Occupancy Rate: 60%
  • Regulations: Lenient


Cebu city


  • Market Score: 8
  • Revenue: PHP368,830
  • Average Daily Rate: PHP1,731
  • Occupancy Rate: 56%
  • Regulations: Lenient


Baguio


  • Market Score: 7
  • Revenue: PHP487,964
  • Average Daily Rate: PHP3,001
  • Occupancy Rate: 43%
  • Regulations: Lenient




Useful resources


Here are some of the useful resources for you to get started.


Complete list of on-going host expenses: https://airbtics.com/complete-list-of-airbnb-host-expenses/