Airbnb Market Analytics, Statistics and Data in Armenia, Quindío, Colombia
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Armenia? 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 Armenia:
How much do Airbnb hosts make on average per month in Armenia?
The short-term rental market in Armenia 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 $751 per month
- Strong performing properties (top 25%) make $1,941 or more
- Best-in-class properties (top 10%) achieve $4,448+ monthly
- Entry-level properties (bottom 25%) typically earn around $301
Revenue Variations by Month
Occupancy Rates Throughout the Year in Armenia
The market in Armenia 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 22% occupancy rates
- Strong performing properties (top 25%) achieve 42% or higher
- Best-in-class properties (top 10%) reach 65%+occupancy
- Entry-level properties (bottom 25%) average around 11%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Armenia
Daily rates in Armenia 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 $67 per night
- Strong performing properties (top 25%) secure $198 or more
- Best-in-class properties (top 10%) pull in $354+ per night
- Entry-level properties (bottom 25%) earn around $35
Daily Rate Variations by Month
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Seasonality patterns in Armenia
Peak Season (April, May, March)
- Revenue peaks at $2459.42 per month
- Occupancy rates reach 46.01%
- Daily rates average $154.06
Shoulder Season
- Revenue averages $1705.19 per month
- Occupancy maintains 28.73%
- Daily rates hold at $136.18
Low Season (October, November, January)
- Revenue drops to $1160.22 per month
- Occupancy decreases to 19.79%
- Daily rates adjust to $113.02
Is it still profitable to do Airbnb in Armenia in 2025?
Yes! Armenia demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 29% and solid monthly revenue averaging $1705 and The market's 133 active listings indicate growing demand with plenty of opportunity for new properties. 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 (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Armenia
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Manizales | Capital of Caldas, offering stunning views of the surrounding mountains and famous for its coffee culture. Great for tourists interested in coffee tours, nature, and cultural festivals. | Los Nevados National Park, Catedral Basílica Metropolitana, Chipre Viewpoint, Café La 12, National Coffee Park |
| Calarcá | Known for its traditional coffee farms and proximity to Parque del Café, making it an attractive destination for eco-tourists and families. | Parque del Café, Café la Finca, Quindío Botanical Garden, Calarcá's cableway, Los Colores del Quindío |
| Salento | A picturesque town famous for its colorful houses and as a gateway to the Cocora Valley, known for its wax palm trees. Perfect for nature lovers and hikers. | Cocora Valley, Los Nevados National Park, Coffee farm tours, Bolivar Plaza, Salento's viewpoint |
| Pereira | A major city in the coffee region with a vibrant nightlife and access to both urban and natural attractions. Ideal for travelers looking for a city experience with opportunities to explore nature. | Ukumarí Biopark, Botanical Garden of Pereira, Pereira's Art Museum, Plaza de Bolívar, Otún Quimbaya Flora and Fauna Sanctuary |
| Armenia | The capital of Quindío, known for its modern architecture and as a base for coffee tourism. Offers a mix of urban convenience and access to rural attractions. | Parque de la Vida, Estadio Centenario, National Coffee Park, Quindío Botanical Garden, Armenia's main square |
| Beneficio La Palma | An experience of traditional coffee processing, attracting tourists interested in authenticity and the region's coffee heritage. | Coffee tours, Interactive coffee workshops, Local markets, Scenic viewpoints, Cultural immersion experiences |
| Circasia | A charming, less crowded town with access to nature and coffee farms. Great for a peaceful retreat and a more leisurely pace. | Nature trails, Coffee farms, Local artisanal markets, Cultural festivals, Landscape viewpoints |
| Filandia | A traditional town known for its colorful buildings and stunning views of the coffee axis. Appeals to tourists seeking local culture and scenic beauty. | Filandia's viewpoints, Cultural heritage sites, Coffee tours, Local artisan shops, Nature walks |
Do you need a license for Airbnb in Armenia?
Yes, Armenia requires a license for operating an Airbnb. Current market data shows 60% of active listings maintain proper licensing, confirming this requirement. Getting licensed is an essential first step before listing your property.
Top Performing Airbnb Properties in Armenia
The Mansion at Armenia Quindio, Pool, and Jacuzzi
Entire Place • 6 bedrooms
The Quindío Mansion
Entire Place • 6 bedrooms
Spacious and Luxurious TopSpot Very Close to Armenia!
Entire Place • 7 bedrooms
Luxury Estate in Quindio - Hacienda El Palmar
Entire Place • 6 bedrooms
Casa Vistahermosa Armenia
Entire Place • 7 bedrooms
Villa Daniela Deluxe
Entire Place • 6 bedrooms
Top Performing Professional Hosts in Armenia
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Felipe M | 1 | $123,413 | 14 | 5.00/5.0 |
| Christian | 1 | $107,258 | 55 | 4.78/5.0 |
| TopSpot | 1 | $100,011 | 30 | 4.87/5.0 |
| Sebastian | 1 | $95,868 | 26 | 5.00/5.0 |
| Julian | 2 | $72,152 | 32 | 4.74/5.0 |
| Gabriel | 1 | $64,968 | 15 | 4.60/5.0 |
| Juanita | 4 | $59,351 | 98 | 4.90/5.0 |
| Juan José | 2 | $58,267 | 28 | 2.50/5.0 |
| Maria | 1 | $44,609 | 58 | 4.98/5.0 |
| Felipe | 1 | $40,362 | 65 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Armenia
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 (63.2%), with house and boutique & hotels properties comprising 70.7% of inventory
- Strong specialty sector (48.1%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays segments (0.8% combined)
Room Capacity Distribution
Analysis of 133 properties in Armenia shows that 1 bedroom properties are most prevalent, making up 39.1% of the market. The market tends to favor larger properties, with 1 bedroom and 5+ bedrooms together representing 65.4% of all listings.
Key Insights
- Most common: 1 bedroom (39.1%)
- Least common: 2 bedrooms (7.5%)
- Market concentration: 65.4% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 133 properties in Armenia reveals that 8+ guests properties dominate the market, representing 45.9% of all listings. The average property accommodates 5.6 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 4 guests make up 61.7% of the market.
Key Insights
- Most common capacity: 8+ guests (45.9% of market)
- Least common capacity: 5 guests (3.8% of market)
- Average guest capacity: 5.6 guests per property
- Market concentration: 61.7% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 133 properties in Armenia, the most common availability pattern is 271-366 days (81.2% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (51.1% of properties).
Key Insights
- Most common availability window: 271-366 days (81.2%)
- Most common booking duration: 1-30 days (51.1%)
- Properties with high availability (180+ days): 93.2%
- Properties with long-term bookings (180+ days): 8.3%
Minimum Stay Distributions
1 Night
72 listings
56.3% of total
2 Nights
35 listings
27.3% of total
3 Nights
7 listings
5.5% of total
4-6 Nights
4 listings
3.1% of total
30+ Nights
10 listings
7.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 83.6%
- Mid-length stays (4-6 nights) represent 3.1% of listings
- Monthly+ stays (7.8%) suggest a stable extended-stay market
- High market flexibility with 89.1% 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
Flexible
34 listings
42% of total
Moderate
18 listings
22.2% of total
Firm
19 listings
23.5% of total
Strict
10 listings
12.3% of total
Key Insights
- Flexible is the preferred policy at 42.0% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 64.2% of the market
- Strong market consensus around Flexible policies
- Strict policies are least common at 12.3% of listings
Recommendations
- Consider starting with a Flexible policy to align with market preferences
- Strong market preference for Flexible policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Jul, Jan, averaging 51 days
- Shortest booking windows are in Jun, Nov, Aug, averaging 31 days
- Spring shows the longest average booking window at 46 days, while Fall has the shortest at 38 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 46 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Jun-Aug when lead times are shortest
Popular Airbnb Amenities in Armenia
Below is the distribution of amenities across listings in Armenia:
Traveler Demographics
Key Insights
- Domestic travelers make up 64.9% of total guests, indicating a significant local market share.
- Primary international markets: United States (20.6%) and United Kingdom (2.6%)
- Spanish is the top language at 54.4%, followed by English (37.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 2.5%
Recommendations
- Target marketing campaigns for Bogotá and Cali markets
- Develop localized content for United States and United Kingdom
- Prioritize Spanish and English 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 Armenia. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Anapoima | 24 | $2,738 | $373.54 | 24% |
| Apulo | 94 | $1,906 | $266.13 | 27% |
| Cauca Viejo | 25 | $1,791 | $258.98 | 26% |
| Anapoima | 275 | $1,749 | $262.81 | 27% |
| Carmen Apicala | 10 | $1,370 | $200.84 | 22% |
| Ginebra | 11 | $1,275 | $120.90 | 19% |
| Restrepo | 16 | $1,180 | $163.27 | 23% |
| El Imperio | 14 | $1,131 | $208.42 | 28% |
| Villeta | 21 | $1,121 | $187.34 | 24% |
| Cundinamarca | 13 | $1,116 | $153.16 | 25% |
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