Airbnb Market Analytics, Statistics and Data in Riobamba, Chimborazo, Ecuador
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Riobamba? 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 Riobamba:
How much do Airbnb hosts make on average per month in Riobamba?
The short-term rental market in Riobamba 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 $392 per month
- Strong performing properties (top 25%) make $612 or more
- Best-in-class properties (top 10%) achieve $971+ monthly
- Entry-level properties (bottom 25%) typically earn around $141
Revenue Variations by Month
Occupancy Rates Throughout the Year in Riobamba
The market in Riobamba 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 24% occupancy rates
- Strong performing properties (top 25%) achieve 38% or higher
- Best-in-class properties (top 10%) reach 61%+occupancy
- Entry-level properties (bottom 25%) average around 12%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Riobamba
Daily rates in Riobamba 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 $25 per night
- Strong performing properties (top 25%) secure $45 or more
- Best-in-class properties (top 10%) pull in $69+ per night
- Entry-level properties (bottom 25%) earn around $19
Daily Rate Variations by Month
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Seasonality patterns in Riobamba
Peak Season (April, March, June)
- Revenue peaks at $718.01 per month
- Occupancy rates reach 35.65%
- Daily rates average $40.19
Shoulder Season
- Revenue averages $449.51 per month
- Occupancy maintains 28.67%
- Daily rates hold at $36.26
Low Season (December, January, September)
- Revenue drops to $222.42 per month
- Occupancy decreases to 23.39%
- Daily rates adjust to $32.01
Is it still profitable to do Airbnb in Riobamba in 2025?
Yes! Riobamba demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 29% and monthly revenue averaging $450 and The market's 163 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 Riobamba
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Centro Histórico | The historic center of Riobamba features colonial architecture and is lively with cultural events and local markets. It's ideal for travelers interested in history and culture. | La Catedral de Riobamba, Parque Sucre, Museo de la Ciudad, Mercado de Riobamba, Iglesia de La Balvanera |
| Río Chanchán | A beautiful area along the Chanchán River, perfect for nature lovers and those seeking a peaceful retreat, yet close to the city center. | Chanchán River, Caminos de los Incas, nature trails, bird watching, picnic spots |
| Avenida Almeida | A vibrant avenue featuring shops, restaurants, and cafes, frequented by locals and tourists alike. Great for those wanting easy access to urban amenities. | Local eateries, Shopping centers, Cafés, Cinemas, Street vendors |
| Los Chillos | A suburban area known for its lovely climate and beautiful landscapes, preferred by families and those looking for tranquility while being close to the city. | Parque Los Chillos, hiking trails, viewpoints, local festivals |
| Canton Chambo | A picturesque canton located a short drive from Riobamba, attracting visitors for its beautiful landscapes and local culture. Great for adventure and eco-tourism. | Chambo River, hiking opportunities, cultural festivals, local artisan markets |
| Pueblo San Antonio | A charming town on the outskirts of Riobamba known for its friendly locals and beautiful scenery. Ideal for those looking to experience local life. | San Antonio church, local crafts, scenic views, hiking trails, community activities |
| Cerro San Antonio | Famous for its panoramic views of Riobamba and the Chimborazo volcano. A perfect spot for tourists wanting to capture the beauty of the Andes. | Viewpoint, hiking, photography spots, local flora and fauna, picnic areas |
| Quilotoa Loop | Not in Riobamba but very close, this area is famous for its breathtaking crater lake and stunning landscapes. Highly rated among travelers for sightseeing and adventure. | Quilotoa Crater Lake, hiking, cultural interaction, scenic views, local communities |
Do you need a license for Airbnb in Riobamba?
We recommend checking directly with Riobamba's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Riobamba
Beautiful modern and cozy house
Entire Place • 4 bedrooms
Casa de las REYES
Private Room • 8 bedrooms
Wanderlot-Hab Classic Contemporary-Rbba Centro
Private Room • 1 bedroom
Villa Paquita - Arco de Bellavista
Entire Place • 3 bedrooms
Luxury and spacious apartment
Entire Place • 3 bedrooms
Luxury apartment
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Riobamba
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| 476314507 | 16 | $32,763 | 118 | 2.61/5.0 |
| Katy | 6 | $32,565 | 304 | 3.32/5.0 |
| Dennis | 4 | $25,392 | 73 | 4.80/5.0 |
| Marcela | 7 | $25,249 | 325 | 3.46/5.0 |
| Jose | 3 | $21,940 | 71 | 4.89/5.0 |
| Cynthia | 5 | $20,800 | 501 | 4.69/5.0 |
| Piedad | 3 | $18,477 | 278 | 4.98/5.0 |
| Hernan | 2 | $17,904 | 38 | 4.68/5.0 |
| Paula | 2 | $15,795 | 42 | 4.91/5.0 |
| Andrea | 3 | $14,060 | 16 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Riobamba
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 (76.7%), with apartment & condo and house properties comprising 82.9% of inventory
- Strong specialty sector (15.9%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays, others, outdoor & mobile segments (3.0% combined)
Room Capacity Distribution
Analysis of 163 properties in Riobamba shows that 1 bedroom properties are most prevalent, making up 35.6% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 64.4% of all listings.
Key Insights
- Most common: 1 bedroom (35.6%)
- Least common: 5+ bedrooms (3.1%)
- Market concentration: 64.4% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 163 properties in Riobamba reveals that 2 guests properties dominate the market, representing 22.7% of all listings. The average property accommodates 4.3 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 8+ guests make up 39.3% of the market.
Key Insights
- Most common capacity: 2 guests (22.7% of market)
- Least common capacity: 1 guest (2.5% of market)
- Average guest capacity: 4.3 guests per property
- Market concentration: 39.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 163 properties in Riobamba, the most common availability pattern is 271-366 days (58.9% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (31.9% of properties).
Key Insights
- Most common availability window: 271-366 days (58.9%)
- Most common booking duration: 31-90 days (31.9%)
- Properties with high availability (180+ days): 84.0%
- Properties with long-term bookings (180+ days): 18.4%
Minimum Stay Distributions
1 Night
119 listings
90.8% of total
2 Nights
10 listings
7.6% of total
3 Nights
1 listings
0.8% of total
30+ Nights
1 listings
0.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 98.4%
- Mid-length stays (4-6 nights) represent 0% of listings
- Monthly+ stays (0.8%) suggest a stable extended-stay market
- High market flexibility with 99.2% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
52 listings
44.8% of total
Moderate
40 listings
34.5% of total
Firm
7 listings
6% of total
Strict
17 listings
14.7% of total
Key Insights
- Flexible is the preferred policy at 44.8% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 79.3% of the market
- Strong market consensus around Flexible policies
- Firm policies are least common at 6.0% 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 Oct, Sep, Nov, averaging 25 days
- Shortest booking windows are in May, Mar, Jun, averaging 10 days
- Fall shows the longest average booking window at 25 days, while Spring has the shortest at 14 days
Recommendations
- Implement dynamic pricing strategies for Fall bookings at least 25 days in advance
- Consider early bird discounts during Spring to encourage longer lead times
- Focus on last-minute booking promotions during May-Jun when lead times are shortest
Popular Airbnb Amenities in Riobamba
Below is the distribution of amenities across listings in Riobamba:
Traveler Demographics
Key Insights
- Domestic travelers make up 84.3% of total guests, indicating a dominant local market share.
- Primary international markets: United States (6.3%) and Colombia (1.8%)
- Spanish is the top language at 58.1%, followed by English (32.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.4%
Recommendations
- Target marketing campaigns for Quito and Guayaquil markets
- Develop localized content for United States and Colombia
- 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 Riobamba. These nearby markets offer diverse opportunities for property investors and hosts:
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