What Are the Best Places to Invest in Airbnb in Philippines?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-07-06

The short-term rental market in Philippines spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Philippines across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Pasay, Metro Manila leads by market size with 5,220 active listings and $253/month revenue. Across all ranked markets, average occupancy is 27.0% with $405/month in average revenue and $77/night ADR. 100 of 100 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Explore Live Market Data

Top Airbnb Markets in Philippines by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Philippines attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Pasay, Metro Manila leads with 5,220 active short-term rental listings and $253/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Pasay, Metro Manila	5,220	$253	$42	31.7%	Low
2	Quezon City, Metro Manila	4,576	$250	$40	30.6%	Low
3	Cebu City, Central Visayas	4,287	$289	$40	34.8%	Low
4	Makati, Metro Manila	3,396	$329	$45	34.6%	Low
5	Baguio, Cordillera Administrative Region	3,189	$406	$74	28.8%	Low
6	Taguig, Metro Manila	2,470	$660	$69	37.4%	Low
7	Tagaytay, Cavite	2,223	$398	$80	22.7%	Low
8	Mandaluyong, Metro Manila	2,094	$256	$37	33.4%	Low
9	Parañaque, Metro Manila	1,878	$220	$50	27.7%	Low
10	Davao City, Davao Region	1,512	$277	$43	29.9%	Low
11	Manila, Metro Manila	1,364	$258	$42	30.7%	Low
12	Iloilo City, Western Visayas	1,283	$209	$37	29.7%	Low
13	Lapu-Lapu, Central Visayas	1,181	$387	$53	30.8%	Low
14	Pasig, Metro Manila	1,123	$254	$43	30.3%	Low
15	Angeles, Central Luzon	1,054	$471	$71	33.9%	Low
16	Cagayan de Oro, Northern Mindanao	987	$203	$37	27.6%	Low
17	Malay, Aklan	874	$811	$105	33.1%	Low
18	General Luna, Surigao del Norte	864	$745	$86	35.5%	Low
19	Bacolod, Western Visayas	766	$221	$39	28.7%	Low
20	San Juan, Ilocos Region	741	$606	$108	27.5%	Low
21	El Nido, Palawan	724	$1,204	$132	37.8%	Low
22	San Fernando, Pampanga	724	$360	$68	24.0%	Low
23	Lapu-Lapu City, Central Visayas	698	$262	$44	35.9%	Low
24	City of Taguig, Metro Manila	667	$455	$69	42.0%	Low
25	City of Davao, Davao Region	649	$160	$37	32.2%	Low
26	Nasugbu, Batangas	579	$689	$152	19.9%	Low
27	Panglao, Bohol	562	$509	$70	30.0%	Low
28	Puerto Princesa, Mimaropa	391	$290	$55	27.6%	Low
29	Silang, Cavite	357	$566	$120	23.5%	Low
30	General Luna, Caraga	353	$638	$76	38.9%	Low
31	Dumaguete, Negros Oriental	333	$272	$39	32.1%	Low
32	Calamba, Laguna	298	$862	$207	21.5%	Low
33	Dauis, Bohol	289	$362	$55	34.6%	Low
34	Muntinlupa, Metro Manila	275	$273	$44	28.8%	Low
35	Mandaue, Central Visayas	274	$196	$35	30.8%	Low
36	Antipolo, Rizal	274	$625	$119	25.0%	Low
37	Cainta, Rizal	258	$234	$46	27.7%	Low
38	Coron, Palawan	253	$652	$86	29.4%	Low
39	Marilao, Bulacan	249	$155	$44	19.7%	Low
40	Mabalacat, Pampanga	243	$403	$81	28.5%	Low
41	Las Piñas, Metro Manila	240	$177	$39	28.2%	Low
42	Olongapo, Central Luzon	233	$430	$70	27.9%	Low
43	Puerto Galera, Oriental Mindoro	231	$359	$86	22.9%	Low
44	Mandaue City, Central Visayas	230	$169	$32	37.1%	Low
45	Santa Rosa, Laguna	226	$244	$48	27.3%	Low
46	Alfonso, Cavite	220	$988	$201	19.9%	Low
47	Makati, Kalakhang Maynila	220	$253	$42	34.9%	Low
48	Naga, Bicol Region	208	$181	$45	26.0%	Low
49	Los Baños, Laguna	201	$1,050	$241	21.7%	Low
50	Lipa, Batangas	186	$500	$99	23.4%	Low
51	Urbiztondo, La Union	186	$538	$79	24.7%	Low
52	General Santos, Soccsksargen	185	$156	$36	26.0%	Low
53	Morong, Bataan	181	$868	$204	20.4%	Low
54	San Felipe, Zambales	178	$664	$136	22.9%	Low
55	Santa Fe, Cebu	158	$234	$42	25.6%	Low
56	Moalboal, Central Visayas	148	$381	$51	33.5%	Low
57	Amadeo, Cavite	144	$787	$160	21.7%	Low
58	Dasmariñas, Cavite	144	$248	$64	24.8%	Low
59	Baler, Aurora	141	$185	$69	19.2%	Low
60	Basdiot, Cebu	141	$604	$60	36.4%	Low
61	Imus, Cavite	137	$200	$52	25.8%	Low
62	2nd District, Metro Manila	136	$230	$39	29.9%	Low
63	Legazpi, Albay	134	$228	$47	25.4%	Low
64	Bolinao, Pangasinan	132	$448	$118	18.3%	Low
65	Laurel, Batangas	130	$404	$97	20.0%	Low
66	Talisay, Cebu	124	$527	$98	26.3%	Low
67	Mabini, Batangas	123	$686	$125	23.2%	Low
68	Siquijor, Siquijor	122	$297	$44	33.4%	Low
69	Lian, Batangas	117	$1,526	$240	21.4%	Low
70	General Trias, Cavite	116	$250	$66	26.2%	Low
71	Calatagan, Batangas	114	$823	$194	17.8%	Low
72	Lucena, Calabarzon	113	$173	$49	21.4%	Low
73	Metro Manila, Metro Manila	113	$265	$55	30.4%	Low
74	Taytay, Rizal	113	$254	$59	26.6%	Low
75	Vigan, Ilocos Sur	112	$311	$71	19.8%	Low
76	Biñan, Laguna	111	$193	$51	25.9%	Low
77	Oslob, Cebu	107	$256	$63	19.8%	Low
78	Roxas, Palawan	106	$474	$73	27.8%	Low
79	Tagbilaran, Bohol	104	$208	$41	25.0%	Low
80	Sagada, Mountain Province	104	$201	$59	23.1%	Low
81	Alaminos, Pangasinan	101	$400	$91	20.5%	Low
82	Malolos, Bulacan	100	$341	$78	22.2%	Low
83	Batangas City, Batangas	99	$551	$111	21.8%	Low
84	Tacloban, Eastern Visayas	95	$208	$40	25.0%	Low
85	Mambajao, Camiguin	94	$338	$56	29.6%	Low
86	Butuan, Caraga	94	$162	$35	23.3%	Low
87	City of Puerto Princesa (Capital), Mimaropa	92	$202	$47	29.1%	Low
88	Trece Martires, Cavite	90	$200	$49	24.8%	Low
89	Marikina, Metro Manila	89	$347	$51	33.6%	Low
90	City of General Santos (Dadiangas), Soccsksargen	89	$107	$33	24.8%	Low
91	Bacoor, Cavite	87	$362	$78	26.9%	Low
92	Santa Maria, Bulacan	85	$378	$122	16.4%	Low
93	Daraga, Albay	84	$152	$47	18.6%	Low
94	San Juan, Metro Manila	84	$295	$52	30.0%	Low
95	Tanay, Rizal	81	$670	$140	19.6%	Low
96	Samal, Davao del Norte	80	$594	$109	22.1%	Low
97	Cavinti, Laguna	78	$381	$137	14.8%	Low
98	San Francisco, Cebu	73	$175	$46	22.3%	Low
99	Butuan City, Caraga	71	$135	$33	29.7%	Low
100	Binangonan, Rizal	71	$908	$137	27.3%	Low

Most Profitable Airbnb Markets in Philippines by Revenue

The most profitable Airbnb cities in Philippines are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Lian, Batangas leads with $1,526/month at $240 ADR and 21.4% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#	Market	Revenue/mo	Active Listings (TTM)	ADR	Occupancy	Regulation
1	Lian, Batangas	$1,526	117	$240	21.4%	Low
2	El Nido, Palawan	$1,204	724	$132	37.8%	Low
3	Los Baños, Laguna	$1,050	201	$241	21.7%	Low
4	Alfonso, Cavite	$988	220	$201	19.9%	Low
5	Binangonan, Rizal	$908	71	$137	27.3%	Low
6	Morong, Bataan	$868	181	$204	20.4%	Low
7	Calamba, Laguna	$862	298	$207	21.5%	Low
8	Calatagan, Batangas	$823	114	$194	17.8%	Low
9	Malay, Aklan	$811	874	$105	33.1%	Low
10	Amadeo, Cavite	$787	144	$160	21.7%	Low
11	General Luna, Surigao del Norte	$745	864	$86	35.5%	Low
12	Nasugbu, Batangas	$689	579	$152	19.9%	Low
13	Mabini, Batangas	$686	123	$125	23.2%	Low
14	Tanay, Rizal	$670	81	$140	19.6%	Low
15	San Felipe, Zambales	$664	178	$136	22.9%	Low
16	Taguig, Metro Manila	$660	2,470	$69	37.4%	Low
17	Coron, Palawan	$652	253	$86	29.4%	Low
18	General Luna, Caraga	$638	353	$76	38.9%	Low
19	Antipolo, Rizal	$625	274	$119	25.0%	Low
20	San Juan, Ilocos Region	$606	741	$108	27.5%	Low
21	Basdiot, Cebu	$604	141	$60	36.4%	Low
22	Samal, Davao del Norte	$594	80	$109	22.1%	Low
23	Silang, Cavite	$566	357	$120	23.5%	Low
24	Batangas City, Batangas	$551	99	$111	21.8%	Low
25	Urbiztondo, La Union	$538	186	$79	24.7%	Low
26	Talisay, Cebu	$527	124	$98	26.3%	Low
27	Panglao, Bohol	$509	562	$70	30.0%	Low
28	Lipa, Batangas	$500	186	$99	23.4%	Low
29	Roxas, Palawan	$474	106	$73	27.8%	Low
30	Angeles, Central Luzon	$471	1,054	$71	33.9%	Low
31	City of Taguig, Metro Manila	$455	667	$69	42.0%	Low
32	Bolinao, Pangasinan	$448	132	$118	18.3%	Low
33	Olongapo, Central Luzon	$430	233	$70	27.9%	Low
34	Baguio, Cordillera Administrative Region	$406	3,189	$74	28.8%	Low
35	Laurel, Batangas	$404	130	$97	20.0%	Low
36	Mabalacat, Pampanga	$403	243	$81	28.5%	Low
37	Alaminos, Pangasinan	$400	101	$91	20.5%	Low
38	Tagaytay, Cavite	$398	2,223	$80	22.7%	Low
39	Lapu-Lapu, Central Visayas	$387	1,181	$53	30.8%	Low
40	Cavinti, Laguna	$381	78	$137	14.8%	Low
41	Moalboal, Central Visayas	$381	148	$51	33.5%	Low
42	Santa Maria, Bulacan	$378	85	$122	16.4%	Low
43	Dauis, Bohol	$362	289	$55	34.6%	Low
44	Bacoor, Cavite	$362	87	$78	26.9%	Low
45	San Fernando, Pampanga	$360	724	$68	24.0%	Low
46	Puerto Galera, Oriental Mindoro	$359	231	$86	22.9%	Low
47	Marikina, Metro Manila	$347	89	$51	33.6%	Low
48	Malolos, Bulacan	$341	100	$78	22.2%	Low
49	Mambajao, Camiguin	$338	94	$56	29.6%	Low
50	Makati, Metro Manila	$329	3,396	$45	34.6%	Low
51	Vigan, Ilocos Sur	$311	112	$71	19.8%	Low
52	Siquijor, Siquijor	$297	122	$44	33.4%	Low
53	San Juan, Metro Manila	$295	84	$52	30.0%	Low
54	Puerto Princesa, Mimaropa	$290	391	$55	27.6%	Low
55	Cebu City, Central Visayas	$289	4,287	$40	34.8%	Low
56	Davao City, Davao Region	$277	1,512	$43	29.9%	Low
57	Muntinlupa, Metro Manila	$273	275	$44	28.8%	Low
58	Dumaguete, Negros Oriental	$272	333	$39	32.1%	Low
59	Metro Manila, Metro Manila	$265	113	$55	30.4%	Low
60	Lapu-Lapu City, Central Visayas	$262	698	$44	35.9%	Low
61	Manila, Metro Manila	$258	1,364	$42	30.7%	Low
62	Oslob, Cebu	$256	107	$63	19.8%	Low
63	Mandaluyong, Metro Manila	$256	2,094	$37	33.4%	Low
64	Taytay, Rizal	$254	113	$59	26.6%	Low
65	Pasig, Metro Manila	$254	1,123	$43	30.3%	Low
66	Makati, Kalakhang Maynila	$253	220	$42	34.9%	Low
67	Pasay, Metro Manila	$253	5,220	$42	31.7%	Low
68	General Trias, Cavite	$250	116	$66	26.2%	Low
69	Quezon City, Metro Manila	$250	4,576	$40	30.6%	Low
70	Dasmariñas, Cavite	$248	144	$64	24.8%	Low
71	Santa Rosa, Laguna	$244	226	$48	27.3%	Low
72	Cainta, Rizal	$234	258	$46	27.7%	Low
73	Santa Fe, Cebu	$234	158	$42	25.6%	Low
74	2nd District, Metro Manila	$230	136	$39	29.9%	Low
75	Legazpi, Albay	$228	134	$47	25.4%	Low
76	Bacolod, Western Visayas	$221	766	$39	28.7%	Low
77	Parañaque, Metro Manila	$220	1,878	$50	27.7%	Low
78	Iloilo City, Western Visayas	$209	1,283	$37	29.7%	Low
79	Tacloban, Eastern Visayas	$208	95	$40	25.0%	Low
80	Tagbilaran, Bohol	$208	104	$41	25.0%	Low
81	Cagayan de Oro, Northern Mindanao	$203	987	$37	27.6%	Low
82	City of Puerto Princesa (Capital), Mimaropa	$202	92	$47	29.1%	Low
83	Sagada, Mountain Province	$201	104	$59	23.1%	Low
84	Imus, Cavite	$200	137	$52	25.8%	Low
85	Trece Martires, Cavite	$200	90	$49	24.8%	Low
86	Mandaue, Central Visayas	$196	274	$35	30.8%	Low
87	Biñan, Laguna	$193	111	$51	25.9%	Low
88	Baler, Aurora	$185	141	$69	19.2%	Low
89	Naga, Bicol Region	$181	208	$45	26.0%	Low
90	Las Piñas, Metro Manila	$177	240	$39	28.2%	Low
91	San Francisco, Cebu	$175	73	$46	22.3%	Low
92	Lucena, Calabarzon	$173	113	$49	21.4%	Low
93	Mandaue City, Central Visayas	$169	230	$32	37.1%	Low
94	Butuan, Caraga	$162	94	$35	23.3%	Low
95	City of Davao, Davao Region	$160	649	$37	32.2%	Low
96	General Santos, Soccsksargen	$156	185	$36	26.0%	Low
97	Marilao, Bulacan	$155	249	$44	19.7%	Low
98	Daraga, Albay	$152	84	$47	18.6%	Low
99	Butuan City, Caraga	$135	71	$33	29.7%	Low
100	City of General Santos (Dadiangas), Soccsksargen	$107	89	$33	24.8%	Low

Most Expensive Airbnb Markets in Philippines by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. Los Baños, Laguna commands the highest Airbnb nightly rate in Philippines at $241/night, generating $1,050/month at 21.7% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#	Market	ADR	Active Listings (TTM)	Revenue/mo	Occupancy	Regulation
1	Los Baños, Laguna	$241	201	$1,050	21.7%	Low
2	Lian, Batangas	$240	117	$1,526	21.4%	Low
3	Calamba, Laguna	$207	298	$862	21.5%	Low
4	Morong, Bataan	$204	181	$868	20.4%	Low
5	Alfonso, Cavite	$201	220	$988	19.9%	Low
6	Calatagan, Batangas	$194	114	$823	17.8%	Low
7	Amadeo, Cavite	$160	144	$787	21.7%	Low
8	Nasugbu, Batangas	$152	579	$689	19.9%	Low
9	Tanay, Rizal	$140	81	$670	19.6%	Low
10	Binangonan, Rizal	$137	71	$908	27.3%	Low
11	Cavinti, Laguna	$137	78	$381	14.8%	Low
12	San Felipe, Zambales	$136	178	$664	22.9%	Low
13	El Nido, Palawan	$132	724	$1,204	37.8%	Low
14	Mabini, Batangas	$125	123	$686	23.2%	Low
15	Santa Maria, Bulacan	$122	85	$378	16.4%	Low
16	Silang, Cavite	$120	357	$566	23.5%	Low
17	Antipolo, Rizal	$119	274	$625	25.0%	Low
18	Bolinao, Pangasinan	$118	132	$448	18.3%	Low
19	Batangas City, Batangas	$111	99	$551	21.8%	Low
20	Samal, Davao del Norte	$109	80	$594	22.1%	Low
21	San Juan, Ilocos Region	$108	741	$606	27.5%	Low
22	Malay, Aklan	$105	874	$811	33.1%	Low
23	Lipa, Batangas	$99	186	$500	23.4%	Low
24	Talisay, Cebu	$98	124	$527	26.3%	Low
25	Laurel, Batangas	$97	130	$404	20.0%	Low
26	Alaminos, Pangasinan	$91	101	$400	20.5%	Low
27	Coron, Palawan	$86	253	$652	29.4%	Low
28	Puerto Galera, Oriental Mindoro	$86	231	$359	22.9%	Low
29	General Luna, Surigao del Norte	$86	864	$745	35.5%	Low
30	Mabalacat, Pampanga	$81	243	$403	28.5%	Low
31	Tagaytay, Cavite	$80	2,223	$398	22.7%	Low
32	Urbiztondo, La Union	$79	186	$538	24.7%	Low
33	Malolos, Bulacan	$78	100	$341	22.2%	Low
34	Bacoor, Cavite	$78	87	$362	26.9%	Low
35	General Luna, Caraga	$76	353	$638	38.9%	Low
36	Baguio, Cordillera Administrative Region	$74	3,189	$406	28.8%	Low
37	Roxas, Palawan	$73	106	$474	27.8%	Low
38	Angeles, Central Luzon	$71	1,054	$471	33.9%	Low
39	Vigan, Ilocos Sur	$71	112	$311	19.8%	Low
40	Panglao, Bohol	$70	562	$509	30.0%	Low
41	Olongapo, Central Luzon	$70	233	$430	27.9%	Low
42	City of Taguig, Metro Manila	$69	667	$455	42.0%	Low
43	Taguig, Metro Manila	$69	2,470	$660	37.4%	Low
44	Baler, Aurora	$69	141	$185	19.2%	Low
45	San Fernando, Pampanga	$68	724	$360	24.0%	Low
46	General Trias, Cavite	$66	116	$250	26.2%	Low
47	Dasmariñas, Cavite	$64	144	$248	24.8%	Low
48	Oslob, Cebu	$63	107	$256	19.8%	Low
49	Basdiot, Cebu	$60	141	$604	36.4%	Low
50	Taytay, Rizal	$59	113	$254	26.6%	Low
51	Sagada, Mountain Province	$59	104	$201	23.1%	Low
52	Mambajao, Camiguin	$56	94	$338	29.6%	Low
53	Dauis, Bohol	$55	289	$362	34.6%	Low
54	Metro Manila, Metro Manila	$55	113	$265	30.4%	Low
55	Puerto Princesa, Mimaropa	$55	391	$290	27.6%	Low
56	Lapu-Lapu, Central Visayas	$53	1,181	$387	30.8%	Low
57	San Juan, Metro Manila	$52	84	$295	30.0%	Low
58	Imus, Cavite	$52	137	$200	25.8%	Low
59	Marikina, Metro Manila	$51	89	$347	33.6%	Low
60	Moalboal, Central Visayas	$51	148	$381	33.5%	Low
61	Biñan, Laguna	$51	111	$193	25.9%	Low
62	Parañaque, Metro Manila	$50	1,878	$220	27.7%	Low
63	Trece Martires, Cavite	$49	90	$200	24.8%	Low
64	Lucena, Calabarzon	$49	113	$173	21.4%	Low
65	Santa Rosa, Laguna	$48	226	$244	27.3%	Low
66	Legazpi, Albay	$47	134	$228	25.4%	Low
67	Daraga, Albay	$47	84	$152	18.6%	Low
68	City of Puerto Princesa (Capital), Mimaropa	$47	92	$202	29.1%	Low
69	San Francisco, Cebu	$46	73	$175	22.3%	Low
70	Cainta, Rizal	$46	258	$234	27.7%	Low
71	Naga, Bicol Region	$45	208	$181	26.0%	Low
72	Makati, Metro Manila	$45	3,396	$329	34.6%	Low
73	Marilao, Bulacan	$44	249	$155	19.7%	Low
74	Siquijor, Siquijor	$44	122	$297	33.4%	Low
75	Muntinlupa, Metro Manila	$44	275	$273	28.8%	Low
76	Lapu-Lapu City, Central Visayas	$44	698	$262	35.9%	Low
77	Davao City, Davao Region	$43	1,512	$277	29.9%	Low
78	Pasig, Metro Manila	$43	1,123	$254	30.3%	Low
79	Makati, Kalakhang Maynila	$42	220	$253	34.9%	Low
80	Pasay, Metro Manila	$42	5,220	$253	31.7%	Low
81	Santa Fe, Cebu	$42	158	$234	25.6%	Low
82	Manila, Metro Manila	$42	1,364	$258	30.7%	Low
83	Tagbilaran, Bohol	$41	104	$208	25.0%	Low
84	Cebu City, Central Visayas	$40	4,287	$289	34.8%	Low
85	Quezon City, Metro Manila	$40	4,576	$250	30.6%	Low
86	Tacloban, Eastern Visayas	$40	95	$208	25.0%	Low
87	Bacolod, Western Visayas	$39	766	$221	28.7%	Low
88	Dumaguete, Negros Oriental	$39	333	$272	32.1%	Low
89	2nd District, Metro Manila	$39	136	$230	29.9%	Low
90	Las Piñas, Metro Manila	$39	240	$177	28.2%	Low
91	Mandaluyong, Metro Manila	$37	2,094	$256	33.4%	Low
92	Cagayan de Oro, Northern Mindanao	$37	987	$203	27.6%	Low
93	Iloilo City, Western Visayas	$37	1,283	$209	29.7%	Low
94	City of Davao, Davao Region	$37	649	$160	32.2%	Low
95	General Santos, Soccsksargen	$36	185	$156	26.0%	Low
96	Mandaue, Central Visayas	$35	274	$196	30.8%	Low
97	Butuan, Caraga	$35	94	$162	23.3%	Low
98	Butuan City, Caraga	$33	71	$135	29.7%	Low
99	City of General Santos (Dadiangas), Soccsksargen	$33	89	$107	24.8%	Low
100	Mandaue City, Central Visayas	$32	230	$169	37.1%	Low

Highest Occupancy Airbnb Markets in Philippines

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. City of Taguig, Metro Manila leads Philippines with 42.0% occupancy, $455/month revenue, and 667 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#	Market	Occupancy	Active Listings (TTM)	Revenue/mo	ADR	Regulation
1	City of Taguig, Metro Manila	42.0%	667	$455	$69	Low
2	General Luna, Caraga	38.9%	353	$638	$76	Low
3	El Nido, Palawan	37.8%	724	$1,204	$132	Low
4	Taguig, Metro Manila	37.4%	2,470	$660	$69	Low
5	Lapu-Lapu City, Central Visayas	35.9%	698	$262	$44	Low
6	General Luna, Surigao del Norte	35.5%	864	$745	$86	Low
7	Cebu City, Central Visayas	34.8%	4,287	$289	$40	Low
8	Makati, Metro Manila	34.6%	3,396	$329	$45	Low
9	Angeles, Central Luzon	33.9%	1,054	$471	$71	Low
10	Mandaluyong, Metro Manila	33.4%	2,094	$256	$37	Low
11	Malay, Aklan	33.1%	874	$811	$105	Low
12	City of Davao, Davao Region	32.2%	649	$160	$37	Low
13	Dumaguete, Negros Oriental	32.1%	333	$272	$39	Low
14	Pasay, Metro Manila	31.7%	5,220	$253	$42	Low
15	Lapu-Lapu, Central Visayas	30.8%	1,181	$387	$53	Low
16	Manila, Metro Manila	30.7%	1,364	$258	$42	Low
17	Quezon City, Metro Manila	30.6%	4,576	$250	$40	Low
18	Pasig, Metro Manila	30.3%	1,123	$254	$43	Low
19	Panglao, Bohol	30.0%	562	$509	$70	Low
20	Davao City, Davao Region	29.9%	1,512	$277	$43	Low
21	Iloilo City, Western Visayas	29.7%	1,283	$209	$37	Low
22	Baguio, Cordillera Administrative Region	28.8%	3,189	$406	$74	Low
23	Bacolod, Western Visayas	28.7%	766	$221	$39	Low
24	Parañaque, Metro Manila	27.7%	1,878	$220	$50	Low
25	Puerto Princesa, Mimaropa	27.6%	391	$290	$55	Low
26	Cagayan de Oro, Northern Mindanao	27.6%	987	$203	$37	Low
27	San Juan, Ilocos Region	27.5%	741	$606	$108	Low
28	San Fernando, Pampanga	24.0%	724	$360	$68	Low
29	Silang, Cavite	23.5%	357	$566	$120	Low
30	Tagaytay, Cavite	22.7%	2,223	$398	$80	Low
31	Nasugbu, Batangas	19.9%	579	$689	$152	Low

How to Choose an Airbnb Investment Market in Philippines

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Philippines tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Philippines

Understanding the regulatory environment is critical for any Airbnb investment in Philippines. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 100 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 0 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Philippines

This page ranks Airbnb markets in Philippines across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Philippines.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Philippines.
Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Philippines and projecting cash flow.
Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
Regulation: An indicator of the local regulatory climate in Philippines, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Philippines

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Philippines.

What are the best places to invest in Airbnb in Philippines?

Pasay, Metro Manila leads this ranking for Philippines with 5,220 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Philippines?

Lian, Batangas posts the highest average monthly revenue in this ranking at $1,526. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Philippines?

City of Taguig, Metro Manila has the highest occupancy rate in this comparison at 42.0%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Philippines?

Los Baños, Laguna commands the highest average daily rate at $241 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Philippines have the lowest regulation?

Pasay (Metro Manila), Quezon City (Metro Manila), Cebu City (Central Visayas) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Philippines in 2026?

The markets ranked here average 27.0% occupancy, and the top performer posts $1,526 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Philippines for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Philippines?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Philippines?

First-time investors in Philippines should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Philippines?

Across the markets ranked here, the average occupancy rate in Philippines is 27.0%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Philippines?

Regulation is one of the most overlooked risks in short-term rental investing. In Philippines, 100 of 100 ranked markets have low regulation, 0 have medium, and 0 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Philippines?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Philippines ranking has about 186 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Philippines?

Seasonal markets in Philippines experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-07-06. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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