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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-08-08

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 5,162 active listings and $245/month revenue. Across all ranked markets, average occupancy is 26.7% with $391/month in average revenue and $75/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 5,162 active short-term rental listings and $245/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Pasay, Metro Manila	5,162	$245	$41	31.1%	Low
2	Quezon City, Metro Manila	4,508	$239	$39	30.1%	Low
3	Cebu City, Central Visayas	4,274	$275	$39	34.2%	Low
4	Makati, Metro Manila	3,366	$314	$44	34.1%	Low
5	Baguio, Cordillera Administrative Region	3,176	$394	$73	28.6%	Low
6	Taguig, Metro Manila	2,402	$619	$68	36.7%	Low
7	Mandaluyong, Metro Manila	2,075	$244	$37	32.9%	Low
8	Parañaque, Metro Manila	1,858	$216	$49	27.4%	Low
9	Tagaytay, Cavite	1,647	$385	$78	21.6%	Low
10	Davao City, Davao Region	1,487	$261	$43	29.6%	Low
11	Manila, Metro Manila	1,338	$249	$41	30.2%	Low
12	Iloilo City, Western Visayas	1,291	$199	$36	29.1%	Low
13	Lapu-Lapu, Central Visayas	1,148	$367	$52	30.3%	Low
14	Pasig, Metro Manila	1,132	$240	$43	29.9%	Low
15	Angeles, Central Luzon	1,046	$451	$70	33.4%	Low
16	Cagayan de Oro, Northern Mindanao	966	$195	$36	27.4%	Low
17	Malay, Aklan	884	$804	$107	32.8%	Low
18	General Luna, Surigao del Norte	841	$716	$85	35.1%	Low
19	Bacolod, Western Visayas	766	$213	$39	28.3%	Low
20	Lapu-Lapu City, Central Visayas	739	$265	$44	35.0%	Low
21	San Juan, Ilocos Region	735	$595	$107	27.3%	Low
22	El Nido, Palawan	724	$1,168	$131	37.6%	Low
23	San Fernando, Pampanga	713	$353	$67	23.9%	Low
24	City of Taguig, Metro Manila	707	$471	$68	41.1%	Low
25	City of Davao, Davao Region	677	$169	$37	31.6%	Low
26	Nasugbu, Batangas	581	$670	$151	19.8%	Low
27	Tagaytay, Calabarzon	563	$381	$83	25.0%	Low
28	Panglao, Bohol	557	$486	$69	29.5%	Low
29	Puerto Princesa, Mimaropa	377	$286	$55	27.5%	Low
30	General Luna, Caraga	369	$625	$74	38.8%	Low
31	Silang, Cavite	358	$560	$119	23.4%	Low
32	Dumaguete, Negros Oriental	333	$264	$39	31.9%	Low
33	Calamba, Laguna	295	$843	$206	21.0%	Low
34	Dauis, Bohol	288	$351	$55	33.8%	Low
35	Muntinlupa, Metro Manila	273	$255	$43	28.2%	Low
36	Antipolo, Rizal	273	$625	$121	24.9%	Low
37	Mandaue, Central Visayas	264	$181	$32	30.4%	Low
38	Marilao, Bulacan	254	$146	$44	18.8%	Low
39	Cainta, Rizal	253	$228	$46	27.8%	Low
40	Coron, Palawan	247	$653	$85	29.5%	Low
41	Mandaue City, Central Visayas	245	$186	$33	36.0%	Low
42	Mabalacat, Pampanga	241	$398	$81	28.1%	Low
43	Las Piñas, Metro Manila	235	$176	$40	27.5%	Low
44	Puerto Galera, Oriental Mindoro	234	$337	$84	22.4%	Low
45	Olongapo, Central Luzon	231	$411	$69	27.9%	Low
46	Santa Rosa, Laguna	228	$239	$47	26.8%	Low
47	Makati, Kalakhang Maynila	223	$242	$42	34.1%	Low
48	Alfonso, Cavite	220	$957	$197	19.7%	Low
49	Naga, Bicol Region	205	$176	$44	25.4%	Low
50	Los Baños, Laguna	199	$1,037	$237	21.0%	Low
51	Lipa, Batangas	185	$487	$99	23.3%	Low
52	Urbiztondo, La Union	184	$521	$78	24.9%	Low
53	San Felipe, Zambales	182	$642	$134	22.7%	Low
54	General Santos, Soccsksargen	180	$148	$36	25.7%	Low
55	Morong, Bataan	178	$856	$206	20.3%	Low
56	Santa Fe, Cebu	157	$224	$41	25.6%	Low
57	Moalboal, Central Visayas	151	$371	$50	33.0%	Low
58	Dasmariñas, Cavite	144	$243	$63	24.4%	Low
59	Amadeo, Cavite	142	$756	$159	21.3%	Low
60	Basdiot, Cebu	138	$590	$59	36.8%	Low
61	Baler, Aurora	137	$189	$69	19.5%	Low
62	Imus, Cavite	136	$200	$52	25.6%	Low
63	Bolinao, Pangasinan	133	$442	$117	18.5%	Low
64	2nd District, Metro Manila	132	$221	$39	29.0%	Low
65	Laurel, Batangas	130	$394	$96	19.7%	Low
66	Legazpi, Albay	127	$224	$44	26.2%	Low
67	Talisay, Cebu	125	$489	$94	25.3%	Low
68	Siquijor, Siquijor	122	$290	$43	32.6%	Low
69	Mabini, Batangas	120	$683	$124	23.5%	Low
70	Metro Manila, Metro Manila	117	$277	$55	30.1%	Low
71	Calatagan, Batangas	112	$823	$192	17.8%	Low
72	Lian, Batangas	112	$1,519	$242	21.3%	Low
73	General Trias, Cavite	112	$254	$66	25.3%	Low
74	Biñan, Laguna	112	$189	$50	25.4%	Low
75	Lucena, Calabarzon	111	$177	$49	21.0%	Low
76	Vigan, Ilocos Sur	111	$298	$70	19.7%	Low
77	Taytay, Rizal	109	$252	$58	26.7%	Low
78	Oslob, Cebu	106	$252	$62	19.6%	Low
79	Roxas, Palawan	106	$455	$72	28.3%	Low
80	Sagada, Mountain Province	103	$200	$58	23.2%	Low
81	Alaminos, Pangasinan	103	$369	$89	19.7%	Low
82	Tagbilaran, Bohol	101	$198	$42	24.6%	Low
83	Malolos, Bulacan	100	$333	$77	21.7%	Low
84	Batangas City, Batangas	97	$519	$110	21.8%	Low
85	City of Puerto Princesa (Capital), Mimaropa	96	$210	$47	28.4%	Low
86	Mambajao, Camiguin	95	$345	$59	28.6%	Low
87	Tacloban, Eastern Visayas	93	$199	$39	25.5%	Low
88	City of General Santos (Dadiangas), Soccsksargen	93	$118	$34	24.4%	Low
89	Butuan, Caraga	92	$152	$35	23.7%	Low
90	Trece Martires, Cavite	89	$189	$48	24.3%	Low
91	Marikina, Metro Manila	87	$341	$51	33.0%	Low
92	Bacoor, Cavite	84	$377	$79	27.0%	Low
93	San Juan, Metro Manila	84	$301	$52	29.5%	Low
94	Santa Maria, Bulacan	83	$381	$121	16.8%	Low
95	Daraga, Albay	82	$142	$47	18.4%	Low
96	Tanay, Rizal	81	$675	$138	19.4%	Low
97	Samal, Davao del Norte	78	$563	$105	22.3%	Low
98	Cavinti, Laguna	77	$363	$136	14.7%	Low
99	Butuan City, Caraga	74	$143	$33	29.4%	Low
100	San Francisco, Cebu	74	$169	$45	22.4%	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 $1,519/month at $242 ADR and 21.3% 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	$1,519	112	$242	21.3%	Low
2	El Nido, Palawan	$1,168	724	$131	37.6%	Low
3	Los Baños, Laguna	$1,037	199	$237	21.0%	Low
4	Alfonso, Cavite	$957	220	$197	19.7%	Low
5	Morong, Bataan	$856	178	$206	20.3%	Low
6	Calamba, Laguna	$843	295	$206	21.0%	Low
7	Calatagan, Batangas	$823	112	$192	17.8%	Low
8	Malay, Aklan	$804	884	$107	32.8%	Low
9	Amadeo, Cavite	$756	142	$159	21.3%	Low
10	General Luna, Surigao del Norte	$716	841	$85	35.1%	Low
11	Mabini, Batangas	$683	120	$124	23.5%	Low
12	Tanay, Rizal	$675	81	$138	19.4%	Low
13	Nasugbu, Batangas	$670	581	$151	19.8%	Low
14	Coron, Palawan	$653	247	$85	29.5%	Low
15	San Felipe, Zambales	$642	182	$134	22.7%	Low
16	Antipolo, Rizal	$625	273	$121	24.9%	Low
17	General Luna, Caraga	$625	369	$74	38.8%	Low
18	Taguig, Metro Manila	$619	2,402	$68	36.7%	Low
19	San Juan, Ilocos Region	$595	735	$107	27.3%	Low
20	Basdiot, Cebu	$590	138	$59	36.8%	Low
21	Samal, Davao del Norte	$563	78	$105	22.3%	Low
22	Silang, Cavite	$560	358	$119	23.4%	Low
23	Urbiztondo, La Union	$521	184	$78	24.9%	Low
24	Batangas City, Batangas	$519	97	$110	21.8%	Low
25	Talisay, Cebu	$489	125	$94	25.3%	Low
26	Lipa, Batangas	$487	185	$99	23.3%	Low
27	Panglao, Bohol	$486	557	$69	29.5%	Low
28	City of Taguig, Metro Manila	$471	707	$68	41.1%	Low
29	Roxas, Palawan	$455	106	$72	28.3%	Low
30	Angeles, Central Luzon	$451	1,046	$70	33.4%	Low
31	Bolinao, Pangasinan	$442	133	$117	18.5%	Low
32	Olongapo, Central Luzon	$411	231	$69	27.9%	Low
33	Mabalacat, Pampanga	$398	241	$81	28.1%	Low
34	Baguio, Cordillera Administrative Region	$394	3,176	$73	28.6%	Low
35	Laurel, Batangas	$394	130	$96	19.7%	Low
36	Tagaytay, Cavite	$385	1,647	$78	21.6%	Low
37	Tagaytay, Calabarzon	$381	563	$83	25.0%	Low
38	Santa Maria, Bulacan	$381	83	$121	16.8%	Low
39	Bacoor, Cavite	$377	84	$79	27.0%	Low
40	Moalboal, Central Visayas	$371	151	$50	33.0%	Low
41	Alaminos, Pangasinan	$369	103	$89	19.7%	Low
42	Lapu-Lapu, Central Visayas	$367	1,148	$52	30.3%	Low
43	Cavinti, Laguna	$363	77	$136	14.7%	Low
44	San Fernando, Pampanga	$353	713	$67	23.9%	Low
45	Dauis, Bohol	$351	288	$55	33.8%	Low
46	Mambajao, Camiguin	$345	95	$59	28.6%	Low
47	Marikina, Metro Manila	$341	87	$51	33.0%	Low
48	Puerto Galera, Oriental Mindoro	$337	234	$84	22.4%	Low
49	Malolos, Bulacan	$333	100	$77	21.7%	Low
50	Makati, Metro Manila	$314	3,366	$44	34.1%	Low
51	San Juan, Metro Manila	$301	84	$52	29.5%	Low
52	Vigan, Ilocos Sur	$298	111	$70	19.7%	Low
53	Siquijor, Siquijor	$290	122	$43	32.6%	Low
54	Puerto Princesa, Mimaropa	$286	377	$55	27.5%	Low
55	Metro Manila, Metro Manila	$277	117	$55	30.1%	Low
56	Cebu City, Central Visayas	$275	4,274	$39	34.2%	Low
57	Lapu-Lapu City, Central Visayas	$265	739	$44	35.0%	Low
58	Dumaguete, Negros Oriental	$264	333	$39	31.9%	Low
59	Davao City, Davao Region	$261	1,487	$43	29.6%	Low
60	Muntinlupa, Metro Manila	$255	273	$43	28.2%	Low
61	General Trias, Cavite	$254	112	$66	25.3%	Low
62	Oslob, Cebu	$252	106	$62	19.6%	Low
63	Taytay, Rizal	$252	109	$58	26.7%	Low
64	Manila, Metro Manila	$249	1,338	$41	30.2%	Low
65	Pasay, Metro Manila	$245	5,162	$41	31.1%	Low
66	Mandaluyong, Metro Manila	$244	2,075	$37	32.9%	Low
67	Dasmariñas, Cavite	$243	144	$63	24.4%	Low
68	Makati, Kalakhang Maynila	$242	223	$42	34.1%	Low
69	Pasig, Metro Manila	$240	1,132	$43	29.9%	Low
70	Quezon City, Metro Manila	$239	4,508	$39	30.1%	Low
71	Santa Rosa, Laguna	$239	228	$47	26.8%	Low
72	Cainta, Rizal	$228	253	$46	27.8%	Low
73	Santa Fe, Cebu	$224	157	$41	25.6%	Low
74	Legazpi, Albay	$224	127	$44	26.2%	Low
75	2nd District, Metro Manila	$221	132	$39	29.0%	Low
76	Parañaque, Metro Manila	$216	1,858	$49	27.4%	Low
77	Bacolod, Western Visayas	$213	766	$39	28.3%	Low
78	City of Puerto Princesa (Capital), Mimaropa	$210	96	$47	28.4%	Low
79	Imus, Cavite	$200	136	$52	25.6%	Low
80	Sagada, Mountain Province	$200	103	$58	23.2%	Low
81	Tacloban, Eastern Visayas	$199	93	$39	25.5%	Low
82	Iloilo City, Western Visayas	$199	1,291	$36	29.1%	Low
83	Tagbilaran, Bohol	$198	101	$42	24.6%	Low
84	Cagayan de Oro, Northern Mindanao	$195	966	$36	27.4%	Low
85	Trece Martires, Cavite	$189	89	$48	24.3%	Low
86	Baler, Aurora	$189	137	$69	19.5%	Low
87	Biñan, Laguna	$189	112	$50	25.4%	Low
88	Mandaue City, Central Visayas	$186	245	$33	36.0%	Low
89	Mandaue, Central Visayas	$181	264	$32	30.4%	Low
90	Lucena, Calabarzon	$177	111	$49	21.0%	Low
91	Las Piñas, Metro Manila	$176	235	$40	27.5%	Low
92	Naga, Bicol Region	$176	205	$44	25.4%	Low
93	San Francisco, Cebu	$169	74	$45	22.4%	Low
94	City of Davao, Davao Region	$169	677	$37	31.6%	Low
95	Butuan, Caraga	$152	92	$35	23.7%	Low
96	General Santos, Soccsksargen	$148	180	$36	25.7%	Low
97	Marilao, Bulacan	$146	254	$44	18.8%	Low
98	Butuan City, Caraga	$143	74	$33	29.4%	Low
99	Daraga, Albay	$142	82	$47	18.4%	Low
100	City of General Santos (Dadiangas), Soccsksargen	$118	93	$34	24.4%	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. Lian, Batangas commands the highest Airbnb nightly rate in Philippines at $242/night, generating $1,519/month at 21.3% 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	Lian, Batangas	$242	112	$1,519	21.3%	Low
2	Los Baños, Laguna	$237	199	$1,037	21.0%	Low
3	Morong, Bataan	$206	178	$856	20.3%	Low
4	Calamba, Laguna	$206	295	$843	21.0%	Low
5	Alfonso, Cavite	$197	220	$957	19.7%	Low
6	Calatagan, Batangas	$192	112	$823	17.8%	Low
7	Amadeo, Cavite	$159	142	$756	21.3%	Low
8	Nasugbu, Batangas	$151	581	$670	19.8%	Low
9	Tanay, Rizal	$138	81	$675	19.4%	Low
10	Cavinti, Laguna	$136	77	$363	14.7%	Low
11	San Felipe, Zambales	$134	182	$642	22.7%	Low
12	El Nido, Palawan	$131	724	$1,168	37.6%	Low
13	Mabini, Batangas	$124	120	$683	23.5%	Low
14	Santa Maria, Bulacan	$121	83	$381	16.8%	Low
15	Antipolo, Rizal	$121	273	$625	24.9%	Low
16	Silang, Cavite	$119	358	$560	23.4%	Low
17	Bolinao, Pangasinan	$117	133	$442	18.5%	Low
18	Batangas City, Batangas	$110	97	$519	21.8%	Low
19	Malay, Aklan	$107	884	$804	32.8%	Low
20	San Juan, Ilocos Region	$107	735	$595	27.3%	Low
21	Samal, Davao del Norte	$105	78	$563	22.3%	Low
22	Lipa, Batangas	$99	185	$487	23.3%	Low
23	Laurel, Batangas	$96	130	$394	19.7%	Low
24	Talisay, Cebu	$94	125	$489	25.3%	Low
25	Alaminos, Pangasinan	$89	103	$369	19.7%	Low
26	Coron, Palawan	$85	247	$653	29.5%	Low
27	General Luna, Surigao del Norte	$85	841	$716	35.1%	Low
28	Puerto Galera, Oriental Mindoro	$84	234	$337	22.4%	Low
29	Tagaytay, Calabarzon	$83	563	$381	25.0%	Low
30	Mabalacat, Pampanga	$81	241	$398	28.1%	Low
31	Bacoor, Cavite	$79	84	$377	27.0%	Low
32	Tagaytay, Cavite	$78	1,647	$385	21.6%	Low
33	Urbiztondo, La Union	$78	184	$521	24.9%	Low
34	Malolos, Bulacan	$77	100	$333	21.7%	Low
35	General Luna, Caraga	$74	369	$625	38.8%	Low
36	Baguio, Cordillera Administrative Region	$73	3,176	$394	28.6%	Low
37	Roxas, Palawan	$72	106	$455	28.3%	Low
38	Vigan, Ilocos Sur	$70	111	$298	19.7%	Low
39	Angeles, Central Luzon	$70	1,046	$451	33.4%	Low
40	Olongapo, Central Luzon	$69	231	$411	27.9%	Low
41	Baler, Aurora	$69	137	$189	19.5%	Low
42	Panglao, Bohol	$69	557	$486	29.5%	Low
43	City of Taguig, Metro Manila	$68	707	$471	41.1%	Low
44	Taguig, Metro Manila	$68	2,402	$619	36.7%	Low
45	San Fernando, Pampanga	$67	713	$353	23.9%	Low
46	General Trias, Cavite	$66	112	$254	25.3%	Low
47	Dasmariñas, Cavite	$63	144	$243	24.4%	Low
48	Oslob, Cebu	$62	106	$252	19.6%	Low
49	Basdiot, Cebu	$59	138	$590	36.8%	Low
50	Mambajao, Camiguin	$59	95	$345	28.6%	Low
51	Sagada, Mountain Province	$58	103	$200	23.2%	Low
52	Taytay, Rizal	$58	109	$252	26.7%	Low
53	Dauis, Bohol	$55	288	$351	33.8%	Low
54	Metro Manila, Metro Manila	$55	117	$277	30.1%	Low
55	Puerto Princesa, Mimaropa	$55	377	$286	27.5%	Low
56	Lapu-Lapu, Central Visayas	$52	1,148	$367	30.3%	Low
57	Imus, Cavite	$52	136	$200	25.6%	Low
58	San Juan, Metro Manila	$52	84	$301	29.5%	Low
59	Marikina, Metro Manila	$51	87	$341	33.0%	Low
60	Moalboal, Central Visayas	$50	151	$371	33.0%	Low
61	Biñan, Laguna	$50	112	$189	25.4%	Low
62	Lucena, Calabarzon	$49	111	$177	21.0%	Low
63	Parañaque, Metro Manila	$49	1,858	$216	27.4%	Low
64	Trece Martires, Cavite	$48	89	$189	24.3%	Low
65	Santa Rosa, Laguna	$47	228	$239	26.8%	Low
66	City of Puerto Princesa (Capital), Mimaropa	$47	96	$210	28.4%	Low
67	Daraga, Albay	$47	82	$142	18.4%	Low
68	Cainta, Rizal	$46	253	$228	27.8%	Low
69	San Francisco, Cebu	$45	74	$169	22.4%	Low
70	Marilao, Bulacan	$44	254	$146	18.8%	Low
71	Naga, Bicol Region	$44	205	$176	25.4%	Low
72	Makati, Metro Manila	$44	3,366	$314	34.1%	Low
73	Lapu-Lapu City, Central Visayas	$44	739	$265	35.0%	Low
74	Legazpi, Albay	$44	127	$224	26.2%	Low
75	Siquijor, Siquijor	$43	122	$290	32.6%	Low
76	Muntinlupa, Metro Manila	$43	273	$255	28.2%	Low
77	Davao City, Davao Region	$43	1,487	$261	29.6%	Low
78	Pasig, Metro Manila	$43	1,132	$240	29.9%	Low
79	Makati, Kalakhang Maynila	$42	223	$242	34.1%	Low
80	Tagbilaran, Bohol	$42	101	$198	24.6%	Low
81	Santa Fe, Cebu	$41	157	$224	25.6%	Low
82	Pasay, Metro Manila	$41	5,162	$245	31.1%	Low
83	Manila, Metro Manila	$41	1,338	$249	30.2%	Low
84	Las Piñas, Metro Manila	$40	235	$176	27.5%	Low
85	Quezon City, Metro Manila	$39	4,508	$239	30.1%	Low
86	Cebu City, Central Visayas	$39	4,274	$275	34.2%	Low
87	Bacolod, Western Visayas	$39	766	$213	28.3%	Low
88	Tacloban, Eastern Visayas	$39	93	$199	25.5%	Low
89	Dumaguete, Negros Oriental	$39	333	$264	31.9%	Low
90	2nd District, Metro Manila	$39	132	$221	29.0%	Low
91	City of Davao, Davao Region	$37	677	$169	31.6%	Low
92	Mandaluyong, Metro Manila	$37	2,075	$244	32.9%	Low
93	Cagayan de Oro, Northern Mindanao	$36	966	$195	27.4%	Low
94	Iloilo City, Western Visayas	$36	1,291	$199	29.1%	Low
95	General Santos, Soccsksargen	$36	180	$148	25.7%	Low
96	Butuan, Caraga	$35	92	$152	23.7%	Low
97	City of General Santos (Dadiangas), Soccsksargen	$34	93	$118	24.4%	Low
98	Mandaue City, Central Visayas	$33	245	$186	36.0%	Low
99	Butuan City, Caraga	$33	74	$143	29.4%	Low
100	Mandaue, Central Visayas	$32	264	$181	30.4%	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 41.1% occupancy, $471/month revenue, and 707 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	41.1%	707	$471	$68	Low
2	General Luna, Caraga	38.8%	369	$625	$74	Low
3	El Nido, Palawan	37.6%	724	$1,168	$131	Low
4	Taguig, Metro Manila	36.7%	2,402	$619	$68	Low
5	General Luna, Surigao del Norte	35.1%	841	$716	$85	Low
6	Lapu-Lapu City, Central Visayas	35.0%	739	$265	$44	Low
7	Cebu City, Central Visayas	34.2%	4,274	$275	$39	Low
8	Makati, Metro Manila	34.1%	3,366	$314	$44	Low
9	Angeles, Central Luzon	33.4%	1,046	$451	$70	Low
10	Mandaluyong, Metro Manila	32.9%	2,075	$244	$37	Low
11	Malay, Aklan	32.8%	884	$804	$107	Low
12	Dumaguete, Negros Oriental	31.9%	333	$264	$39	Low
13	City of Davao, Davao Region	31.6%	677	$169	$37	Low
14	Pasay, Metro Manila	31.1%	5,162	$245	$41	Low
15	Lapu-Lapu, Central Visayas	30.3%	1,148	$367	$52	Low
16	Manila, Metro Manila	30.2%	1,338	$249	$41	Low
17	Quezon City, Metro Manila	30.1%	4,508	$239	$39	Low
18	Pasig, Metro Manila	29.9%	1,132	$240	$43	Low
19	Davao City, Davao Region	29.6%	1,487	$261	$43	Low
20	Panglao, Bohol	29.5%	557	$486	$69	Low
21	Iloilo City, Western Visayas	29.1%	1,291	$199	$36	Low
22	Baguio, Cordillera Administrative Region	28.6%	3,176	$394	$73	Low
23	Bacolod, Western Visayas	28.3%	766	$213	$39	Low
24	Puerto Princesa, Mimaropa	27.5%	377	$286	$55	Low
25	Parañaque, Metro Manila	27.4%	1,858	$216	$49	Low
26	Cagayan de Oro, Northern Mindanao	27.4%	966	$195	$36	Low
27	San Juan, Ilocos Region	27.3%	735	$595	$107	Low
28	Tagaytay, Calabarzon	25.0%	563	$381	$83	Low
29	San Fernando, Pampanga	23.9%	713	$353	$67	Low
30	Silang, Cavite	23.4%	358	$560	$119	Low
31	Tagaytay, Cavite	21.6%	1,647	$385	$78	Low
32	Nasugbu, Batangas	19.8%	581	$670	$151	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 5,162 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 $1,519. 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 41.1%. 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 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 26.7% occupancy, and the top performer posts $1,519 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 26.7%. 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 199 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 2026-08-08. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

Access Real-Time Airbnb API

This report is powered by our industry-leading Airbnb Data API, providing direct access to live short-term rental data from global markets like Philippines. Use this data to build powerful analytics tools, discover investment opportunities, and inform your vacation rental strategy.

Get API Access