Looking for Airbnb occupancy rates by city? Check out this article to learn more about occupancy rates and why they matter. See occupancy rates by city, annual revenue, daily rates, and how you can boost your own occupancy rates with Estaga.
The average occupancy rate for an Airbnb is typically around the 48% mark. However, an Airbnb average occupancy rate for full-time properties is slightly higher at around 50%.
On the other hand, some areas have occupancy rates as low as 10%; so, it is important to first consider your local occupancy rates before starting your own Airbnb.
Airbnb occupancy rates show the average percentage of days that an Airbnb is booked each month. Oftentimes, the average vacation rental occupancy rate or short-term rental occupancy rates are what determine a high occupancy rate.
For example, during most of the year, an Airbnb may have an occupancy rate of 30%, but during a few key months, it may have an occupancy rate of 70%—giving it a 50% average. So, Airbnbs located in popular vacation spots can often be empty during part of the year and packed during the rest.
As a host, factoring in occupancy rates is critical in order to project future revenue and prepare for the busier parts of the year.
The average occupancy rate for an Airbnb in the following five cities is 60.8%, which is a solid occupancy rate for those looking to start their own Airbnb in Florida.
| 2022 | |
| Airbnb Occupancy Rate | 70% |
| Annual Revenue | $34,824 |
| Average Daily Rate | $209 |
Orlando, Florida has a large population size of around 321,427 with a 2022 growth rate of 2.2%. It is the fourth-largest city in the state and receives more than 51 million tourists each year.
| 2022 | |
| Airbnb Occupancy Rate | 61% |
| Annual Revenue | $34,524 |
| Average Daily Rate | $135 |
Daytona Beach, Florida has a smaller population size of around 74,975 and has increased by 3.2% since 2020. It is located in Volusia County Florida and is situated close to Orlando at 42 miles away and Jacksonville at 64 miles away.
| 2022 | |
| Airbnb Occupancy Rate | 60% |
| Annual Revenue | $47,784 |
| Average Daily Rate | $239 |
Miami, Florida has a population size of around 450,797 and has a negative growth rate since 2020 of -2.23%—though, as of 2022, it has a positive growth rate of just 0.96%. It is the second largest city in Florida and is known to be the “Cruise Capital of the World.”
| 2022 | |
| Airbnb Occupancy Rate | 58% |
| Annual Revenue | $67,572 |
| Average Daily Rate | $453 |
The small island of Key West, Florida has a population size of around 26,804 and a 2022 growth rate of 0.68%. Being an expensive and in-demand place to live with an average rental rate of around $1,677 a month, Airbnbs situated in Key West are able to charge a premium rate compared to other Airbnbs.
| 2022 | |
| Airbnb Occupancy Rate | 55% |
| Annual Revenue | $49,140 |
| Average Daily Rate | $279 |
Fort Lauderdale, Florida has a population size of around 186,208 with a 2022 growth rate of 0.93%. It is situated right next to the Atlantic Ocean and is a prime vacationing spot. It is also only 30 miles up the coast from Miami.
Of the five Florida cities, Orlando has the best occupancy rate of 70%. It has an average annual revenue of $34,824 with a $209 daily rate. It is, therefore, a prime place to have an Airbnb.
Not sure if you need an Airbnb in Florida? Call us at +1 800 430-4008.
The average Airbnb occupancy rate for the following five cities is 69%, which is a great occupancy rate for those looking to have their own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 78% |
| Annual Revenue | $87,180 |
| Average Daily Rate | $277 |
Santa Barbara, California has a population size of around 88,717. Since 2020, the growth rate has fallen by -2.41%. Known as the “American Riviera,” Santa Barbara has a Mediterranean-like environment with an ocean on one side and mountains on the other.
| 2022 | |
| Airbnb Occupancy Rate | 71% |
| Annual Revenue | $86,448 |
| Average Daily Rate | $295 |
Yosemite Lakes, California has a small population size of just 5,036 and a negative growth rate of -5.03 since 2020. Despite this, it has a thriving Airbnb market with a high occupancy rate of 71%.
| 2022 | |
| Airbnb Occupancy Rate | 68% |
| Annual Revenue | $56,412 |
| Average Daily Rate | $203 |
San Francisco, California has a population size of around 887,711 and is the fourth-largest city in the state. It has a 2022 growth rate of 0.78%. The average rental and housing costs are more on the expensive side at $2,010 a month to rent and a median house value of $1.15 million.
| 2022 | |
| Airbnb Occupancy Rate | 67% |
| Annual Revenue | $79,344 |
| Average Daily Rate | $293 |
San Diego, California has a population size of around 1,402,838 and is the second-largest city in the state. It has a 2022 growth rate of 0.57% and is located close to the Mexican border. It is also a metropolitan powerhouse in the region.
| 2022 | |
| Airbnb Occupancy Rate | 61% |
| Annual Revenue | $42,696 |
| Average Daily Rate | $164 |
Los Angeles, California has a population size of around 3,919,973 and is the largest city in the state. It has had a negative growth rate of -1.34 since 2020 but has a positive growth rate of 0.27% in 2022. It is known to be a financial and commercial center of Southern California.
Of the five California cities, Santa Barbara has the best occupancy rate of 78%. It has an average annual revenue of $87,180 with a daily rate of $277. Considering its unusually high occupancy rate, Santa Barbara is a great place to have an Airbnb.
The average Airbnb occupancy rate for the following five cities is 78.4%, which is unusually high and therefore a prime place to start your own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 83% |
| Annual Revenue | $37,872 |
| Average Daily Rate | $185 |
Bellingham, Washington has a population size of around 93,602 and a 2022 growth rate of 1.15%. It sits right between Vancouver and Seattle, and it is close to multiple national parks—which is one of the main reasons for its unusually high occupancy rate.
| 2022 | |
| Airbnb Occupancy Rate | 81% |
| Annual Revenue | $45,216 |
| Average Daily Rate | $210 |
Port Angeles, Washington has a population size of around 20,144 and a 2022 growth rate of 0.46%. It is located close to Seattle and Vancouver and multiple national parks.
| 2022 | |
| Airbnb Occupancy Rate | 80% |
| Annual Revenue | $32,832 |
| Average Daily Rate | $207 |
Kirkland, Washington has a population size of around 100,853 and an impressive growth rate of 9.41% since 2020. Kirkland is located slightly above Seattle and has close access to multiple national parks.
| 2022 | |
| Airbnb Occupancy Rate | 76% |
| Annual Revenue | $30,744 |
| Average Daily Rate | $169 |
Tacoma, Washington has a population size of around 223,536 and is the third largest city in the state. It has a 2022 growth rate of 0.95% and is known to be a center of business. It is also located close to Mount Rainier National Park.
| 2022 | |
| Airbnb Occupancy Rate | 72% |
| Annual Revenue | $27,000 |
| Average Daily Rate | $160 |
Everett, Washington has a population size of around 112,151 and a 2022 growth rate of 0.68%. It is located just 25 miles north of Seattle. While it is not as close to national parks as the other cities were, it is still in a prime location.
Of the five Washington cities, Bellingham has the best occupancy rate of 83%. It also has an annual revenue of $37,872 with a daily rate of $185. Considering its proximity to multiple national parks and its high occupancy rate, Bellingham is a great place to start an Airbnb.
The average Airbnb occupancy rate for the following five cities is 70%. This is a solid occupancy rate and one that is worth taking advantage of.
| 2022 | |
| Airbnb Occupancy Rate | 75% |
| Annual Revenue | $39,060 |
| Average Daily Rate | $225 |
New York City has a population size of around 8,930,002, and it is the largest city in the nation. It has a 2022 growth rate of 0.71% and a population density of 29,729 people per square mile. It is also home to the largest metropolitan area in the world.
| 2022 | |
| Airbnb Occupancy Rate | 71% |
| Annual Revenue | $28,596 |
| Average Daily Rate | $162 |
Rochester, New York has a population size of around 211,480 and a small 2022 growth rate of just 0.04%. Despite its smaller population size, it still holds the title of the fourth-largest city in New York.
| 2022 | |
| Airbnb Occupancy Rate | 68% |
| Annual Revenue | $27,168 |
| Average Daily Rate | $159 |
Buffalo, New York has a population size of around 281,757 and is the second largest city in the state. It has a 2022 growth rate of 0.61%. Buffalo is situated right next to the Canadian border and is home to Niagara Falls.
| 2022 | |
| Airbnb Occupancy Rate | 68% |
| Annual Revenue | $24,480 |
| Average Daily Rate | $153 |
Yonkers, New York has a population size of around 214,687 and a 2022 growth rate of 0.72%. It is the third-largest city in the state and is located slightly upriver from New York City.
| 2022 | |
| Airbnb Occupancy Rate | 68% |
| Annual Revenue | $24,480 |
| Average Daily Rate | $153 |
Syracuse, New York has a population size of around 149,310 and a 2022 growth rate of 0.23%. It is one of the least expensive cities to live in compared to other New York cities with an average rental cost of $830.
Of the five New York cities, New York City has the best occupancy rate of 75%. It also has an average annual revenue of $39,060 with a $225 daily rate. Considering New York City’s popularity and many attractions along with its positive occupancy rate, it is a great place to start an Airbnb.
The average Airbnb occupancy rate for the following five cities is 57.4%. This is an okay occupancy rate and is still great for starting your own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 69% |
| Annual Revenue | $52,956 |
| Average Daily Rate | $261 |
Savannah, Georgia has a population size of around 150,078 with a 2022 growth rate of 0.77%. Savannah is an industrial center and the oldest city in Georgia with a rich history.
| 2022 | |
| Airbnb Occupancy Rate | 63% |
| Annual Revenue | $22,596 |
| Average Daily Rate | $136 |
Columbus, Georgia has a population size of around 210,330 and is the second-largest city in Georgia. It has a 2022 growth rate of 0.82% and is located on the Chattahoochee River across from Phenix City.
| 2022 | |
| Airbnb Occupancy Rate | 53% |
| Annual Revenue | $28,932 |
| Average Daily Rate | $213 |
Athens, Georgia has a population size of around 129,687 and a 2022 growth rate of 0.92%. It is located around 70 miles east of Atlanta and is home to the University of Georgia. It is also a relatively affordable city to live in with the median rent being around $871.
| 2022 | |
| Airbnb Occupancy Rate | 52% |
| Annual Revenue | $24,480 |
| Average Daily Rate | $170 |
Atlanta, Georgia has a population size of 514,457 and is the largest city in the state. It has a 2022 growth rate of 1.55% and a growth rate of 3.16% since 2020. Atlanta is the state’s capital and an economic powerhouse.
| 2022 | |
| Airbnb Occupancy Rate | 50% |
| Annual Revenue | $22,620 |
| Average Daily Rate | $170 |
Augusta, Georgia has a population size of 203,329 and is the third largest city in the state. It has a 2022 growth rate of 0.31% and shares a border with South Carolina. It also has a more affordable median rental cost of $903 a month.
Of the five Georgia cities, Savannah has the best occupancy rate of 69%. It also has an average annual revenue of $52,956 with a $261 daily rate. Considering Savannah’s positive occupancy rate and rich history, it is a solid place to start an Airbnb.
The average Airbnb occupancy rate for the following five cities is 61.4%, which is a great occupancy rate for those wanting to start their own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 66% |
| Annual Revenue | $29,268 |
| Average Daily Rate | $173 |
Fort Worth, Texas has a population size of around 954,457 and a 2022 growth rate of 1.90%. It sits right next to Dallas and has a median rental cost of $1,115 a month.
| 2022 | |
| Airbnb Occupancy Rate | 65% |
| Annual Revenue | $38,136 |
| Average Daily Rate | $235 |
Austin, Texas has a population size of around 996,147 and a 2022 growth rate of 1.75%. It is the capital city of the state and is one of the fastest-growing cities in the nation. It is located approximately 80 miles north of San Antonio.
| 2022 | |
| Airbnb Occupancy Rate | 63% |
| Annual Revenue | $27,552 |
| Average Daily Rate | $170 |
San Antonio, Texas has a population size of around 1,456,069 and is the second-largest city in the state. It has a 2022 growth rate of 0.74% but a negative growth rate since 2020 of -4.78%. San Antonio has a rich Spanish history and is located slightly below Austin.
| 2022 | |
| Airbnb Occupancy Rate | 61% |
| Annual Revenue | $26,640 |
| Average Daily Rate | $162 |
Dallas, Texas has a population size of around 1,325,691 and is the third largest city in the state. It has a 2022 growth rate of 0.81% but a negative growth rate since 2020 of -0.98%. It is located next to Fort Worth and hosts one of the largest inland metropolitan areas.
| 2022 | |
| Airbnb Occupancy Rate | 52% |
| Annual Revenue | $20,856 |
| Average Daily Rate | $150 |
Houston, Texas has a population size of around 2,345,606 and is the largest city in the state with the title of the fourth-largest city in the nation. It has a 2022 growth rate of 0.88%. Considering its size, it has a relatively affordable median rental cost of $1,086 a month.
Of the five Texas cities, Fort Worth has the best occupancy rate of 66%. It also has an average annual revenue of $29,268 with a daily rate of $173. So, it is a great place to start your own Airbnb.
The average Airbnb occupancy rate for the following five cities is 70.8%, which is on the higher end and, therefore, is great for those wanting to start their own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 77% |
| Annual Revenue | $31,440 |
| Average Daily Rate | $247 |
Naperville, Illinois has a population size of around 151,078 and is the third-largest city in the state. It has a 2022 growth rate of 0.51% and is an expensive place to live with the median rental cost coming in at $1,546 a month.
| 2022 | |
| Airbnb Occupancy Rate | 72% |
| Annual Revenue | $25,764 |
| Average Daily Rate | $153 |
Aurora, Illinois has a population size of around 177,070 and is the second-largest city in the state. It has had a negative growth rate since 2020 of -11.17%. It is also located in the Chicago metropolitan area.
| 2022 | |
| Airbnb Occupancy Rate | 69% |
| Annual Revenue | $31,560 |
| Average Daily Rate | $211 |
Elgin, Illinois has a population size of around 116,119 and a 2022 growth rate of 0.57%. The median rental cost is on the lower side compared to other cities in the state and comes in at $1,087.
| 2022 | |
| Airbnb Occupancy Rate | 68% |
| Annual Revenue | $36,024 |
| Average Daily Rate | $202 |
Chicago, Illinois has a population size of around 2,756,546 and is the largest city in the state and holds the title as the third-largest city in the nation. It also has a 2022 growth rate of 0.18%.
| 2022 | |
| Airbnb Occupancy Rate | 68% |
| Annual Revenue | $16,800 |
| Average Daily Rate | $108 |
Rockford, Illinois has a population size of around 147,811 and a negative growth rate since 2020 of -0.28%. The median rental costs are very affordable at only $784 a month.
Of the five Illinois cities, Naperville has the best occupancy rate of 77%. It also has an average annual revenue of $31,440 with a $247 daily rate. Considering its very high occupancy rate, Naperville is a prime place to start an Airbnb.
The average Airbnb occupancy rate for the following five cities is 65%, which is a solid occupancy rate for those wanting to start their own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 71% |
| Annual Revenue | $37,200 |
| Average Daily Rate | $197 |
Carson City, Nevada has a population size of around 59,311 and a 2022 growth rate of 0.57%. It is the capital city of the state and is located south of Reno.
| 2022 | |
| Airbnb Occupancy Rate | 67% |
| Annual Revenue | $34,440 |
| Average Daily Rate | $203 |
Reno, Nevada has a population size of around 271,953 and is the third-largest city in the state. It has a 2022 growth rate of 1.45% and is located close to Tahoe National Forest.
| 2022 | |
| Airbnb Occupancy Rate | 65% |
| Annual Revenue | $58,596 |
| Average Daily Rate | $317 |
Henderson, Nevada has a population size of around 329,586 and is the second-largest city in the state. It has a 2022 growth rate of 1.85% and a median rental cost of $1,360. It is located only 16 miles from Las Vegas.
| 2022 | |
| Airbnb Occupancy Rate | 63% |
| Annual Revenue | $49,536 |
| Average Daily Rate | $285 |
North Las Vegas has a population size of around 271,641 and a 2022 growth rate of 1.71%. It is located in the Las Vegas valley and is considered to be more of a suburban city.
| 2022 | |
| Airbnb Occupancy Rate | 59% |
| Annual Revenue | $37,248 |
| Average Daily Rate | $240 |
Las Vegas, Nevada has a population size of 653,533 and is the largest city in the state. It has a 2022 growth rate of 0.90% and is known for attracting visitors from all over the world. It is often referred to as the “Entertainment Capital of the World.”
Of the five Nevada cities, Carson City has the best occupancy rate of 71%. It also has an average annual revenue of $37,200 with a $197 daily rate. It is, therefore, a great place to start an Airbnb.
The average Airbnb occupancy rate for the following five cities is 63.6%, which is a great occupancy rate for those wanting to start their own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 69% |
| Annual Revenue | $25,476 |
| Average Daily Rate | $143 |
Erie, Pennsylvania has a population size of around 93,439 with a negative growth rate since 2020 of -3.29%. It also has a low median rental cost of $725 a month.
| 2022 | |
| Airbnb Occupancy Rate | 67% |
| Annual Revenue | $29,376 |
| Average Daily Rate | $156 |
Pittsburgh, Pennsylvania has a population size of around 302,425 and is the second-largest city in the state. Since 2020, it has had a negative growth rate of -0.18% and has a median rental cost of $984 a month.
| 2022 | |
| Airbnb Occupancy Rate | 61% |
| Annual Revenue | $21,648 |
| Average Daily Rate | $168 |
Allentown, Pennsylvania has a population size of around 127,407 and is the third-largest city in the state. It has a 2022 growth rate of 0.62% and is located just 48 miles north of Philadelphia.
| 2022 | |
| Airbnb Occupancy Rate | 61% |
| Annual Revenue | $20,940 |
| Average Daily Rate | $122 |
Scranton, Pennsylvania has a population size of around 76,376 and a 2022 growth rate of 0.03% but with a negative growth rate of -0.81% since 2020.
| 2022 | |
| Airbnb Occupancy Rate | 60% |
| Annual Revenue | $24,960 |
| Average Daily Rate | $161 |
Philadelphia, Pennsylvania has a population size of around 1,619,355 and is the largest city in the state with the title of the sixth largest city in the nation. It has a 2022 growth rate of 0.48% and a median rental cost of $1,084.
Of the five Pennsylvania cities, Erie has the best occupancy rate of 69%. It also has an average annual revenue of $25,476 with a $143 daily rate. In other words, it is a great location to start your own Airbnb.
The average Airbnb occupancy rate for the following five cities is 69.2%, which is a very high occupancy rate and, therefore, great for those wanting to start their own Airbnb.
| 2022 | |
| Airbnb Occupancy Rate | 71% |
| Annual Revenue | $40,824 |
| Average Daily Rate | $254 |
Gilbert, Arizona has a population size of around 279,810 and a 4.44% growth rate since 2020. It is located right next to Phoenix and has a high median rental cost of $1,580 a month.
| 2022 | |
| Airbnb Occupancy Rate | 71% |
| Annual Revenue | $23,256 |
| Average Daily Rate | $155 |
Tucson, Arizona has a population size of around 547,131 and is the second-largest city in the state. It has a 2022 growth rate of 0.41% and is located between two national parks.
| 2022 | |
| Airbnb Occupancy Rate | 70% |
| Annual Revenue | $30,504 |
| Average Daily Rate | $198 |
Mesa, Arizona has a population size of around 517,302 and is the third-largest city in the state. It has a 2022 growth rate of 1.28% and is located right next to Phoenix.
| 2022 | |
| Airbnb Occupancy Rate | 67% |
| Annual Revenue | $29,100 |
| Average Daily Rate | $179 |
Phoenix, Arizona has a population size of around 1,640,641 and is the largest city in the state. It has a 2022 growth rate of 1.00% but a negative growth rate since 2020 of -1.07%.
| 2022 | |
| Airbnb Occupancy Rate | 67% |
| Annual Revenue | $28,992 |
| Average Daily Rate | $189 |
Chandler, Arizona has a population size of around 283,959 and a 2022 growth rate of 1.42%. It also has a higher median rental cost of $1,381 a month.
Of the five Arizona cities, Gilbert has the best occupancy rate of 71%. It also has an average annual revenue of $40,824 with a $254 daily rate. This is a very high occupancy rate and is prime territory for those wanting to start their own Airbnb.
The following Airbnb occupancy rates by city show the highest occupancy rates in the nation with Honolulu coming in first with an 82% occupancy rate.
The vacation rental occupancy rates by city are one of the main reasons why the following 10 cities have such high Airbnb occupancy rates.
| 2022 | |
| Airbnb Occupancy Rate | 82% |
| Annual Revenue | $48,192 |
| Average Daily Rate | $217 |
The beautiful island of Honolulu is the perfect place to start an Airbnb with it having a whopping 82% occupancy rate. It has a population size of around 353,706 and is the largest city in the state. It also has a 2022 growth rate of 0.39%. Though a distant island, Honolulu is considered to be a major hub for business as well as short-term vacation rentals.
| 2022 | |
| Airbnb Occupancy Rate | 81% |
| Annual Revenue | $36,720 |
| Average Daily Rate | $186 |
Though Seattle is known for its rain, it is home to a beautiful city and also has close access to multiple national parks. It has a population size of around 762,687 and is the largest city in the state. It also has a 2022 growth rate of 1.71%. Considering its location and high occupancy rate, Seattle is a prime place for short-term vacation rentals.
| 2022 | |
| Airbnb Occupancy Rate | 81% |
| Annual Revenue | $30,012 |
| Average Daily Rate | $145 |
As a major city, Portland is a hub that hosts a plethora of cultural experiences from restaurants to nightlife. It has a population size of around 666,249 and is the largest city in the state. It also has a 2022 growth rate of 1.04%. Portland is not just great for its city, but its location as well. There is a state park close by as well as the famous Mount Hood.
| 2022 | |
| Airbnb Occupancy Rate | 80% |
| Annual Revenue | $37,680 |
| Average Daily Rate | $180 |
Does anyone need an excuse to go to Colorado? Not only does Denver offer a city-life experience, but it also offers the surrounding natural and mountainous landscape of Colorado. It has a population size of around 738,594 and is the largest city in the state. It also has a 2022 growth rate of 1.59%. Considering the many national parks nearby, Denver has the best of both worlds—a major city and the great outdoors.
| 2022 | |
| Airbnb Occupancy Rate | 79% |
| Annual Revenue | $37,152 |
| Average Daily Rate | $248 |
The great historical city of Cambridge is home to Harvard which was founded all the way back in the 1630s. It has a population size of 121,051 and is the fourth-largest city in the state. It also has an occupancy rate of 1.11%. Cambridge is home to some of America’s greatest historical sites and is also located close to multiple national parks.
| 2022 | |
| Airbnb Occupancy Rate | 77% |
| Annual Revenue | $28,308 |
| Average Daily Rate | $164 |
If you want to experience California’s famous city life and also get a taste of the many preserves and state parks that California has to offer, then Oakland is a great place to go. It has a population size of around 450,630 and is the eighth-largest city in the state. It also has a 2022 growth rate of 1.12%. It is located right across from San Francisco and has close access to six state parks.
| 2022 | |
| Airbnb Occupancy Rate | 76% |
| Annual Revenue | $26,652 |
| Average Daily Rate | $151 |
Albuquerque has a rich Spanish history and is located by Cibola National Forest. It has a population size of around 568,301 and is the largest city in the state. It also has a 2022 growth rate of 0.33%. Considering its location, Albuquerque is a great central point for those wanting to visit the many national parks that New Mexico has to offer.
| 2022 | |
| Airbnb Occupancy Rate | 74% |
| Annual Revenue | $58,944 |
| Average Daily Rate | $301 |
For those wanting to experience the wilderness of Arizona, then the small town of Sedona is the place to go. It has a small population size of just 9,614 with a negative growth rate since 2020 of -7.03%. Sedona is very remote and even features its own Airport for those not wanting to travel the long distance by road to get there.
| 2022 | |
| Airbnb Occupancy Rate | 71% |
| Annual Revenue | $23,256 |
| Average Daily Rate | $155 |
Tucson is a metropolitan powerhouse in Arizona and is even home to the state’s college—the University of Arizona. It has a population size of around 547,131 and is the second-largest city in the state. It also has a 2022 growth rate of 0.41%. Tucson is located close to a couple of national parks as well as some prominent mountains.
| 2022 | |
| Airbnb Occupancy Rate | 68% |
| Annual Revenue | $56,412 |
| Average Daily Rate | $203 |
When you think of California, the first thing that may come to mind is the Golden Gate Bridge. San Francisco is the home of the Golden Gate Bridge as well as a couple of state parks. It has a population size of around 887,711 and is the fourth-largest city in the state. It also has a 2022 growth rate of 1.48%. San Francisco is a popular tourist destination and a great place to host an Airbnb.
If you want to start your own Airbnb but don’t have the time to deal with everything involved in managing it such as:
Then you should consider using an vacation management service such as Estaga. Estaga will handle everything and even keep your Airbnb listings up-to-date and optimized to ensure the highest occupancy rates for your Airbnb.
On top of that, they will provide you with monthly reports that include the total revenue generated, occupancy rates, number of bookings, services performed, and more.
Estaga is great at property management for short-term rentals; plus, Estaga’s small management fee is only implemented if your property is turning a profit. In other words, Estaga is heavily invested in the success of your property.
So, if you are wanting to make some money on the side but don’t have the time to manage your own Airbnb, then using an Airbnb management company is the best way to go.
All in all, Airbnb occupancy rates are great for predicting your ROI and for deciding which location you should host your own Airbnb in. Typically, popular vacation destinations have the highest occupancy rates with Honolulu, Hawaii boasting an impressive 82% occupancy rate.
So, if you are looking to start your own Airbnb, then you’ll first want to consider the occupancy rate in your location. Once you have found a great location with a solid occupancy rate, then you can begin your Airbnb journey with a greater assurance of its success.
