In this piece, we will take a look at the five most profitable Airbnb cities in the world. If you want to take a look at our analysis of the hospitality market as well as popular destinations for Airbnb travelers, and how to arbitrage on Airbnb, head on over to 15 Most Profitable Airbnb Cities in the World.
5. Milan, Italy
Number of Approximate Years To Recover Investment: 8.51
Milan is the second largest city in Italy in terms of population, with roughly 1.4 million residents living in its boundaries. It is one of the biggest economic and financial hubs in Italy. Milan also has a variety of top luxury hotels. These include Mandarin Oriental International Limited (OTCMKTS:MAORF), Four Seasons, and Park Hyatt. Milan is also one of the most expensive cities in the world. However, Airbnb rates in the city vary quite a bit and average between $80 and $90.
4. Boulder, USA
Number of Approximate Years To Recover Investment: 7.30
Boulder is a city in the U.S. state of Colorado. It houses a little over a hundred thousand people, making it one of the smaller cities on our list and one that might be primed for an Airbnb investment. Its biggest employers are universities, health centers, and the government. Yet, Boulder does have a presence of the hotelling giants, with Hilton Worldwide Holdings Inc. (NYSE:HLT) and Marriott International Inc (NASDAQ:MAR) having a strong presence in the city.
3. Dublin, Ireland
Number of Approximate Years To Recover Investment: 6.95
Dublin is the capital city of Ireland. It is also the most populous city in the country, with a population of 17 million people. This also makes Dublin an economic hub in Ireland, and it often finds itself as the home of the international or European operations of large multinational firms. The Merrion is one of the top rated luxury hotels in the city, along with establishments of Radisson Blu and Hilton Worldwide Holdings Inc. (NYSE:HLT).
2. Darwin, Australia
Number of Approximate Years To Recover Investment: 6.38
Darwin is a city at the Northernmost tip of Australia. It is one of the smallest cities in Australia, but its location makes it an important location for Australia’s links with Asia. Additionally, tourism is one of the biggest industries in Darwin due to its location, and the city sees countless visitors that are seeking to travel to Asia from Australia. Hilton has establishments in the city with more than two hundred rooms.
1. Fairbanks, USA
Number of Approximate Years To Recover Investment: 2.06
Fairbanks is the second largest city in the U.S. state of Alaska and the largest in the interior region of the state. The city is primarily known for its wildlife and nature tourism, often witnessing the northern lights and holding the Eskimo Olympics and a large parade. Additionally, unlike several other cities on our list, Fairbanks does not have a strong presence of hotelling giants and Airbnb rentals hover around $150.
Disclosure: None. You can also take a look at 15 Cheapest States to Live In and 20 Best Airlines in the World in 2023.
