Airbnb Market Analytics, Statistics and Data in George Town, George Town, Cayman Islands
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in George Town? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in George Town:
How much do Airbnb hosts make on average per month in George Town?
The short-term rental market in George Town shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $5,876 per month
- Strong performing properties (top 25%) make $9,986 or more
- Best-in-class properties (top 10%) achieve $16,261+ monthly
- Entry-level properties (bottom 25%) typically earn around $2,951
Revenue Variations by Month
Occupancy Rates Throughout the Year in George Town
The market in George Town shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 42% occupancy rates
- Strong performing properties (top 25%) achieve 64% or higher
- Best-in-class properties (top 10%) reach 81%+occupancy
- Entry-level properties (bottom 25%) average around 22%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in George Town
Daily rates in George Town vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $457 per night
- Strong performing properties (top 25%) secure $799 or more
- Best-in-class properties (top 10%) pull in $1,605+ per night
- Entry-level properties (bottom 25%) earn around $265
Daily Rate Variations by Month
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Seasonality patterns in George Town
Peak Season (March, January, February)
- Revenue peaks at $10640.70 per month
- Occupancy rates reach 59.99%
- Daily rates average $858.98
Shoulder Season
- Revenue averages $8019.25 per month
- Occupancy maintains 43.46%
- Daily rates hold at $725.00
Low Season (August, October, September)
- Revenue drops to $5721.05 per month
- Occupancy decreases to 29.78%
- Daily rates adjust to $644.48
Is it still profitable to do Airbnb in George Town in 2025?
Yes! George Town demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 43% and strong monthly revenue averaging $8019 and With 340 active listings, the market shows established demand while maintaining room for growth. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (families on vacation, festival goers, adventure tourists, international visitors)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in George Town
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Seven Mile Beach | A world-famous beach known for its stunning views and crystal-clear waters. The perfect destination for tourists looking for relaxation, water sports, and beachfront accommodations. | Seven Mile Beach, Camana Bay, George Town Beach, Governor's Beach, Water sports rentals, Dining and shopping |
| George Town | The capital and largest city of the Cayman Islands, offering a mix of culture, history, and modern amenities. It's a hub for shopping and dining, popular among cruise ship tourists. | St. Ignatius Church, National Gallery of the Cayman Islands, George Town Harbour, Cayman Islands National Museum, Shopping on Cardinal Avenue |
| West Bay | A quieter area than Seven Mile Beach, West Bay offers beautiful beaches and local charm. It attracts families and those looking for a more relaxed vacation environment. | West Bay Beach, Dolphin Cove, Coral Beach, Barker's National Park, Cemetery Beach, Local eateries |
| North Side | Known for its pristine beaches and natural beauty, North Side is less commercialized and offers a peaceful retreat away from the bustling tourist spots. | Rum Point, Starfish Point, Cayman Kai, Bioluminescent Bay, Local dive sites, Nature walks |
| Cayman Brac | An island known for its stunning natural landscapes, excellent diving spots, and welcoming community. It's ideal for more adventurous travelers and nature lovers. | Brac Reef Beach, The Blow Holes, Cave diving spots, Cayman Brac Lighthouse, Nature trails, Local culture |
| Little Cayman | The least developed of the sister islands, offering unparalleled natural beauty and tranquility. Perfect for those wanting to escape the crowds and enjoy nature. | Bloody Bay Marine Park, Oven Rock, Little Cayman Museum, Scuba diving locations, Local wildlife observations |
| East End | Known for its pristine beaches and laid-back atmosphere, East End offers a more local experience with beautiful views and fewer tourists. | East End Beach, The Morritt's Tortuga Club, Rum Point, The Blow Holes, Diving and snorkeling spots |
| South Sound | A residential area with a mix of locals and visitors. Offers beautiful ocean views and quiet beaches, making it perfect for long-term stays. | South Sound Beach, Smith Cove, Local parks, Quiet neighborhood, Close to George Town amenities |
Do you need a license for Airbnb in George Town?
We recommend checking directly with George Town's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (1% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in George Town
Residence 609 at Ritz-Carlton, Grand Cayman
Entire Place • 3 bedrooms
Residence 504 at Ritz-Carlton, Grand Cayman
Entire Place • 3 bedrooms
Residence 201 at Ritz-Carlton, Grand Cayman
Entire Place • 3 bedrooms
Residence 410 at Ritz-Carlton, Grand Cayman
Entire Place • 3 bedrooms
Residence 401 at Ritz-Carlton, Grand Cayman
Entire Place • 3 bedrooms
Incredible Beach Front Villa!
Entire Place • 4 bedrooms
Top Performing Professional Hosts in George Town
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| 301841553 | 14 | $2,948,050 | 0 | 0.00/5.0 |
| Ferdinand | 25 | $1,963,564 | 204 | 4.71/5.0 |
| Grand Cayman Villas And Condos | 37 | $1,929,340 | 63 | 1.47/5.0 |
| Don | 32 | $1,874,304 | 266 | 4.74/5.0 |
| Sean J A | 6 | $671,451 | 137 | 4.06/5.0 |
| Heather | 8 | $668,626 | 337 | 4.91/5.0 |
| Grace | 7 | $402,945 | 313 | 4.23/5.0 |
| Beach Living | 8 | $354,066 | 173 | 4.18/5.0 |
| The Grandview | 12 | $333,489 | 19 | 1.63/5.0 |
| Cline | 10 | $326,914 | 266 | 4.80/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in George Town
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (95%), with apartment & condo and house properties comprising 94.1% of inventory
- Untapped potential in boutique & hotels, others, unique stays, outdoor & mobile segments (5.9% combined)
Room Capacity Distribution
Analysis of 340 properties in George Town shows that 2 bedrooms properties are most prevalent, making up 42.4% of the market. The market tends to favor smaller properties, with 2 bedrooms and 3 bedrooms together representing 66.2% of all listings.
Key Insights
- Most common: 2 bedrooms (42.4%)
- Least common: 5+ bedrooms (1.8%)
- Market concentration: 66.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 340 properties in George Town reveals that 6 guests properties dominate the market, representing 24.1% of all listings. The average property accommodates 5.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 6 guests and 4 guests make up 46.5% of the market.
Key Insights
- Most common capacity: 6 guests (24.1% of market)
- Least common capacity: 3 guests (5% of market)
- Average guest capacity: 5.0 guests per property
- Market concentration: 46.5% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 340 properties in George Town, the most common availability pattern is 271-366 days (43.8% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (29.4% of properties).
Key Insights
- Most common availability window: 271-366 days (43.8%)
- Most common booking duration: 31-90 days (29.4%)
- Properties with high availability (180+ days): 70.6%
- Properties with long-term bookings (180+ days): 30.9%
Minimum Stay Distributions
1 Night
43 listings
14.6% of total
2 Nights
31 listings
10.5% of total
3 Nights
58 listings
19.7% of total
4-6 Nights
132 listings
44.9% of total
7-29 Nights
3 listings
1% of total
30+ Nights
27 listings
9.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 25.1%
- Mid-length stays (4-6 nights) represent 44.9% of listings
- Monthly+ stays (9.2%) suggest a stable extended-stay market
- High market flexibility with 44.8% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
26 listings
10.7% of total
Super Strict 60 Days
20 listings
8.2% of total
Flexible
28 listings
11.5% of total
Moderate
32 listings
13.1% of total
Firm
89 listings
36.5% of total
Strict
49 listings
20.1% of total
Key Insights
- Firm is the preferred policy at 36.5% of listings
- The market shows a balanced distribution between guest-friendly (24.6%) and strict (56.6%) policies
- Strong market consensus around Firm policies
- Super Strict 60 Days policies are least common at 8.2% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Dec, Jan, Mar, averaging 100 days
- Shortest booking windows are in Oct, Aug, Sep, averaging 55 days
- Spring shows the longest average booking window at 97 days, while Fall has the shortest at 67 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 97 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Oct-Sep when lead times are shortest
Popular Airbnb Amenities in George Town
Every property in George Town comes standard with Air conditioning. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 3.8% of total guests, indicating a mostly international-driven market.
- Primary international markets: Canada (11.3%) and United Kingdom (4.8%)
- English is the top language at 77.4%, followed by Spanish (13.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 3.8%
Recommendations
- Target marketing campaigns for New York and Toronto markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding George Town. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| North Side | 170 | $5,415 | $671.88 | 39% |
| West Bay | 244 | $4,365 | $428.07 | 42% |
| East End | 65 | $3,722 | $430.48 | 38% |
| Bodden Town | 58 | $3,597 | $355.31 | 38% |
| Head of Bay | 10 | $3,028 | $475.87 | 29% |
| Propose Queens Jubilee City Limit (Study Area) | 10 | $2,622 | $256.68 | 48% |
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