The Good Rug analyzed 50 US cities to search out out which ten have probably the most Airbnb-ready properties. The evaluation consists of key variables: metropolis, state, 2023 visitation, the full variety of condo listings, the proportion of these listings accessible on Airbnb, and the full variety of Airbnb listings.
Key insights:
- Nashville, Tennessee, has the best variety of guests (267,000) however a comparatively decrease Airbnb saturation, with 48% of its condo listings on Airbnb.
- A brand new research discovered that Austin, Texas has probably the most Airbnb-ready properties, with the highest variety of Airbnb listings per 1,000 guests at 49.37.
- Portland, Oregon, has the best share of condo listings on Airbnb at 77%.
The information was compiled right into a structured dataset, making certain accuracy and consistency, and cities had been ranked in descending order primarily based on their Airbnb leases per 1,000 guests.
Austin, Texas, leads the checklist with 49.37 Airbnb leases for each 1K guests, the best variety of Airbnb listings within the checklist, making it probably the most Airbnb-friendly metropolis. With 61% of its 19,830 condo listings accessible on Airbnb, Austin is an simple hotspot for vacationers in search of short-term stays. Past its thriving tourism sector, town additionally affords a big selection of distinctive rental experiences, additional enhancing its Airbnb enchantment.
San Antonio, Texas, takes the second spot with 59% of its 10,870 condo listings accessible on Airbnb. The town’s spectacular Airbnb presence highlights its enchantment as a vacation spot for vacationers in search of short-term rental choices, making it a aggressive market in Texas proper behind Austin.
Portland, Oregon, ranks third with the best share of condo listings on Airbnb, at 77%. Past its spectacular Airbnb saturation, Portland additionally affords a artistic, laid-back vibe that’s exhausting to search out wherever else. Regardless of having fewer guests in comparison with different cities, Portland’s good Airbnb market makes it a go-to vacation spot with a robust short-term rental tradition.
Charlotte, North Carolina, takes fourth place, with 62% of its condo listings on Airbnb. Whereas Charlotte has fewer guests than cities like Phoenix and Nashville, its Airbnb saturation price is increased. The town’s increasing tourism sector is effectively supported by a wholesome variety of short-term rental choices, making it a well-liked spot for vacationers in search of Airbnb stays.
Nashville, Tennessee, ranks fifth regardless of having one of many highest numbers of tourists among the many cities studied, at 267,000. The town has the bottom share of Airbnb itemizings among the many high cities at solely 48%, suggesting Nashville has important room to increase its Airbnb market.
Cleveland, Ohio, is available in sixth, with 68% of its condo listings accessible on Airbnb. Although it has fewer guests than bigger cities like Denver or Phoenix, Cleveland’s Airbnb saturation price is increased than each. Cleveland additionally has extra Airbnb listings (22.30) than Salt Lake Metropolis. This reveals a stronger short-term rental presence relative to its customer base.
Salt Lake Metropolis, Utah, takes seventh place, with 60% of its condo listings on Airbnb. The town’s 21.33 Airbnb listings is barely beneath Cleveland’s 22.30 however nonetheless demonstrates Salt Lake Metropolis’s stable place within the short-term rental market. In comparison with Phoenix, which has 20.71 listings, Salt Lake Metropolis affords an analogous degree of Airbnb readiness regardless of attracting fewer guests.
Phoenix, Arizona, ranks eighth. With 20.71 Airbnb leases per 1000 guests, Phoenix is regularly rising its short-term rental market however nonetheless has room for additional growth in its Airbnb presence.
Denver, Colorado, is available in ninth. Whereas Denver affords fewer Airbnb listings (19.95) than cities like Austin or San Antonio, it has an analogous Airbnb saturation price to Portland, making it a aggressive market within the Airbnb area.
New Orleans, Louisiana, rounds out the highest ten, with 51% of its condo listings on Airbnb. Regardless of attracting extra guests (averaging 271,000) than cities like Portland or Cleveland, New Orleans has fewer Airbnb listings.
A spokesperson from The Good Rug commented on the research: “When analyzing cities for Airbnb readiness, it’s necessary to deal with each the proportion of listings accessible and the way that interprets to assembly customer demand. Cities with the next variety of Airbnb listings per customer have a tendency to supply extra numerous lodging choices, which may improve the journey expertise.
When you’re seeking to maximize your rental alternatives or discover nice spots for short-term stays, take into account locations that keep a steadiness between customer inflow and the supply of listings. This may additionally point out how effectively a metropolis caters to vacationers, making it simpler to search out the right place to remain.”
