![]() ![]() Seasonality refers to the recurring patterns in booking behavior that coincide with specific times of the year. One notable trend you'll observe is the presence of seasonality in Airbnb occupancy rates within each city. These figures shed light on the significant variations observed across different urban destinations. In the following section, we present insightful graphs illustrating the average occupancy rates of Airbnb accommodations in eight prominent cities. ![]() 2022Īverage Airbnb Occupancy Rates in 8 Selected Cities in North America: 2023/2022 Distribution of Airbnb's average occupancy rates in 500 US cities: 2023 vs. By doing so, you can gain valuable insights into your property's performance and make informed decisions. Nevertheless, if you genuinely desire to evaluate the performance of your vacation property, it is imperative to obtain the average occupancy rates specific to your market for properties that are comparable to yours. In certain cities, the average occupancy rates can be as low as 10% or even lower. Conversely, properties categorized as full-time with rates below 50% are generally considered to be on the lower end of the spectrum. The nationwide average Airbnb occupancy rate, irrespective of full- or part-time properties, stands at 48%. While there are rare instances where rates reach around 75%, these are typically outliers. When determining a favorable Airbnb occupancy rate, we consider figures above 65% to be high. We conducted an in-depth analysis of average Airbnb occupancy rates across 500 cities in North America. Try it for FREE What is a "good" Airbnb occupancy rate? You can also track the occupancy rates of competing listings in your area to compare your property. We recommend that you search for your area in the search bar at the top of this page to get occupancy rates for your specific market. Looking at these 20 cities, you can see that the answer to the question "what is a good average occupancy rate?" is complicated. In the below table you can find the average Airbnb occupancy rate for 20 for the top 20 cities by number of Airbnb listings in the United States: CITY ![]() Try it for FREE Average Airbnb Occupancy Rates By City (United States): 2021/2020 We also take a look at which cities get the highest and lowest occupancy rates, give some tips for improving occupancy rate, and look at which amenities boost rates most. We've taken a look at a selection of cities in the United States and abroad to try and answer that question. If you have a property with a high occupancy rate you'll see significant revenue generation, but what occupancy rate should be aiming for? What constitute a "good" occupancy rate? Occupancy rates are the proportion of days in a month for which a property has bookings, and it's one of the most important key performance indicators for any vacation rental owner or property manager. Merely posting a short-term rental property on Airbnb isn't enough to generate bookings and profits - once you've got your vacation home listed the next challenge is attracting bookings to make viable business. ![]()
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