Where is Airbnb The Most Popular

Ayvio

24 January 2020

No Comments

Who wins the popularity contest?

Airbnb is now a household name. Pretty much everyone knows that they can book quality properties on Airbnb and get away for less than traditional hotels. It’s the world’s largest marketplace for short-term rentals as you can get locations all over the globe – including the US, Europe, and many other countries.

 

If you’re looking at investing in an Airbnb, you’re going to want to know where it’s the most popular. Since Ayvio works with partners in the US market, we thought we’d dig into this question and figure out where a good investment might be!

 

Florida Is The Most Popular Airbnb Spot

 

Florida is by far the biggest hotspot for Airbnb rentals. There are a few reasons for this. First, there are lots of tourist things to do in Florida. Everyone knows about Disney World and the other theme parks in the Orlando area. Miami is also a hotspot for nightlife and partying. It makes sense that tourists from all over the world would come to Florida and want to rent an Airbnb.

 

From an investor’s perspective, Florida also makes a lot of sense. Florida properties are very inexpensive. It’s not uncommon to find properties in the $200,000 range that could rent for $100 to $200 per night – especially if it’s near a theme park. Florida also has no personal income tax so that property owners can keep more of the rent in this state.

Who comes in Second and Third?

The Runner Up: New York

 

On the opposite end of the spectrum, Airbnbs are also popular in areas around the Big Apple. Budget-conscious tourists likely rent these so that they can see New York City without spending a fortune. It’s common to spend $300 or more for a hotel night in Manhattan – and that will get you a tiny room! If you’re traveling with a family of four or five, the only way to see New York without blowing the budget would be to stay in an Airbnb. This unique property of the city propels NYC to the second spot in terms of most available rentals.

 

A Close Third: Southern California

 

Who can resist the sunshine and palm trees of sunny Southern California? Most travelers love to visit the golden coast to catch some rays. However, as with New York, people who visit Los Angeles and San Diego quickly have sticker shock with some of the hotels there. If you want to catch some sunshine on the beach, your best bet is to find an Airbnb. For this reason, and others, southern California has the third-highest ranking in terms of properties available.

 

The Best Investments Are In Any Of These Areas

 

Investors looking to maximize their returns need to be in an Airbnb hotspot. While properties might be inexpensive in Boise, ID, for example, the lack of demand makes it challenging to run a profitable short-term rental in that area. By picking a city in Florida, New York, or California, you’ll be sure to have an investment that will have a high ROI.

 

Of course, Ayvio partners with homeowners in each of these regions to create hospitality-level experiences that maximize returns. To learn more about becoming our partner, contact us today!

Leave a Reply

Your email address will not be published. Required fields are marked *