Ólafsvík Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Snæfellsbær, Iceland
Is Airbnb profitable in Ólafsvík in 2025? Explore comprehensive Airbnb analytics for Ólafsvík, Snæfellsbær, Iceland to uncover income potential. This 2025 STR market report for Ólafsvík, based on AirROI data from August 2024 to July 2025, reveals key trends in the niche market of 23 active listings.
Whether you're considering an Airbnb investment in Ólafsvík, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Ólafsvík Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Ólafsvík Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Ólafsvík (2025)
Understanding the monthly revenue variations for Airbnb listings in Ólafsvík is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Ólafsvík is typically August, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Ólafsvík across different performance tiers:
- Best-in-class properties (Top 10%) achieve $5,469+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $3,672 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,347 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,553, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Ólafsvík
Ólafsvík Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Ólafsvík STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while November experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Ólafsvík:
- Best-in-class properties (Top 10%) achieve 72%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 57% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 42%.
- Entry-level properties (Bottom 25%) average 28% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Ólafsvík
Average Daily Rate (ADR) Airbnb Trends in Ólafsvík (2025)
Effective short term rental pricing strategy in Ólafsvík involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Ólafsvík typically peaks in June and dips lowest during February. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $299+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $247 or more.
- Typical properties (Median) charge around $187 per night.
- Entry-level properties (Bottom 25%) earn around $136 per night.
Average Daily Rate (ADR) Trend by Month in Ólafsvík
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Airbnb Seasonality Analysis & Trends in Ólafsvík (2025)
Peak Season (August, July, June)
- Revenue averages $5,069 per month
- Occupancy rates average 66.9%
- Daily rates average $233
Shoulder Season
- Revenue averages $2,703 per month
- Occupancy maintains around 45.1%
- Daily rates hold near $197
Low Season (February, March, November)
- Revenue drops to average $1,364 per month
- Occupancy decreases to average 24.0%
- Daily rates adjust to average $186
Seasonality Insights for Ólafsvík
- The Airbnb seasonality in Ólafsvík shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Ólafsvík's highest earning potential, with monthly revenues capable of climbing to $6,128, occupancy reaching a high of 86.1%, and ADRs peaking at $248.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,198, occupancy could drop to 21.1%, and ADRs may adjust down to $183.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Ólafsvík.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Ólafsvík seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Ólafsvík (2025)
Exploring the top neighborhoods for short-term rentals in Ólafsvík? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Ólafsvík Town Center | The heart of Ólafsvík offers access to local shops, restaurants, and services. It's a friendly, small-town atmosphere that appeals to tourists who want to experience the local culture and community. | Ólafsvík Harbour, Ólafsvík Church, local shops, cafés, Snæfellsjökull National Park nearby |
| Snæfellsnes Peninsula | A stunning region known for its dramatic landscapes, perfect for outdoor enthusiasts. Tourists flock here for hiking, photography, and exploring natural wonders. | Kirkjufell Mountain, Djúpalónssandur Beach, Snæfellsjökull Glacier, Lóndrangar Basalt Cliffs, Gatklettur Rock Arch |
| Arnarstapi | A beautiful coastal village known for its stunning sea cliffs and rock formations. Ideal for travelers wanting to explore unique geological features and coastal trails. | Arnarstapi Village, Gatklettur Arch, Búðakirkja Church, hiking trails, sea bird watching |
| Hellnar | A picturesque village with breathtaking views and excellent access to hiking routes. It attracts nature lovers and those seeking tranquility away from busy tourist areas. | Hellnar Nature Reserve, Hiking trails to Snæfellsjökull, Restaurants with sea views, wildlife spotting |
| Djupalonssandur | Famous for its black pebble beach and beautiful landscapes, Djupalonssandur is a must-see for visitors wanting to experience Iceland’s unique coastline. | Djupalonssandur Beach, remnants of a shipwreck, hiking paths, magnificent views of cliffs and ocean |
| Búðakirkja | This iconic black church is a unique architectural site in Iceland, surrounded by stunning lava fields and mountains. An essential stop for photographers and those interested in Icelandic history. | Búðakirkja Church, Lava fields, mountain views, cultural history tours |
| Saxhóll Crater | An extinct volcanic crater that offers hiking opportunities and a fantastic panoramic view of the surrounding area, great for adventure seekers and nature tours. | Saxhóll Crater hiking trails, stunning views, viking history sites, accessible paths for tourists |
| Lýsuhólslaug | A geothermal swimming pool tucked in scenic surroundings offering relaxation for tourists after a day of exploration, attracting those interested in wellness and outdoor lifestyle. | Lýsuhólslaug Pool, wellness and spa services, natural hot springs, scenic views |
Understanding Airbnb License Requirements & STR Laws in Ólafsvík (2025)
While Ólafsvík, Snæfellsbær, Iceland currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Ólafsvík to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Ólafsvík (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Ólafsvíkbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Experience beautiful Iceland
Entire Place • 5 bedrooms
Ólafvík - 3 bedroom apartment with a view
Entire Place • 3 bedrooms
Private home in Ólafsvík
Entire Place • 1 bedroom
Bikers Paradise 5, Sandholt 45, Ólafsvík Iceland
Private Room • N/A
Bern, newly renovated historic home
Entire Place • 2 bedrooms
Guesthouse Skálholt 6, Ólafsvík.
Entire Place • 1 bedroom
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Ólafsvík (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Ólafsvík based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Inga Fanney | 5 | $113,365 | 1398 | 4.79/5.0 |
| Kristín | 3 | $105,259 | 946 | 4.98/5.0 |
| Christian | 1 | $100,385 | 125 | 4.90/5.0 |
| Jonas | 4 | $69,918 | 117 | 4.60/5.0 |
| Ragnheiður | 2 | $60,188 | 854 | 4.87/5.0 |
| Jona Sigridur | 1 | $48,695 | 21 | 4.95/5.0 |
| Ólafur Hlynur | 1 | $34,806 | 144 | 4.94/5.0 |
| Host #307296348 | 1 | $22,874 | 0 | Not Rated |
| Jirina Tina | 1 | $20,810 | 122 | 4.84/5.0 |
| Jóhanna | 1 | $11,427 | 67 | 4.84/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Ólafsvík.
Dive Deeper: Advanced Ólafsvík STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Ólafsvík. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsÓlafsvík Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Ólafsvík
- The Ólafsvík Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 56.5% of the 23 active rentals. This indicates strong guest preference for privacy and space.
- However, a notable 43.5% share for Private Rooms suggests opportunities for budget-conscious travelers or hosts renting out spare rooms.
- Looking at the property type distribution in Ólafsvík, Apartment/Condo properties are the most common (52.2%), reflecting the local real estate landscape.
- Houses represent a significant 21.7% portion, catering likely to families or larger groups.
- The presence of 21.7% Hotel/Boutique listings indicates integration with traditional hospitality.
- Smaller segments like others (combined 4.3%) offer potential for unique stay experiences.
Ólafsvík Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Ólafsvík
- The dominant room capacity in Ólafsvík is 1 bedroom listings, making up 43.5% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 60.9% of the active Airbnb listings in Ólafsvík, indicating a high concentration in these sizes.
Ólafsvík Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Ólafsvík
- The most common guest capacity trend in Ólafsvík vacation rentals is listings accommodating 4 guests (26.1%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Ólafsvík STR market, accounting for 47.8% of listings.
- 13.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Ólafsvík.
- On average, properties in Ólafsvík are equipped to host 2.9 guests.
Ólafsvík Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Ólafsvík
- The most common availability pattern in Ólafsvík falls within the 181-270 days range, representing 47.8% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 82.6% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Ólafsvík (56.5%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 17.4% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Ólafsvík Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
14 listings
60.9% of total
2 Nights
4 listings
17.4% of total
30+ Nights
5 listings
21.7% of total
Key Insights
- The most prevalent minimum stay requirement in Ólafsvík is 1 Night, adopted by 60.9% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (78.3%) of the Ólafsvík Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
- A significant segment (21.7%) caters to monthly stays (30+ nights) in Ólafsvík, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 60.9% of Ólafsvík hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 21.7% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Ólafsvík.
Ólafsvík Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
8 listings
36.4% of total
Moderate
12 listings
54.5% of total
Firm
1 listings
4.5% of total
Strict
1 listings
4.5% of total
Cancellation Policy Insights for Ólafsvík
- The prevailing Airbnb cancellation policy trend in Ólafsvík is Moderate, used by 54.5% of listings.
- The market strongly favors guest-friendly terms, with 90.9% of listings offering Flexible or Moderate policies. This suggests guests in Ólafsvík may expect booking flexibility.
- Strict cancellation policies are quite rare (4.5%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Moderate policy to align with the 54.5% market standard in Ólafsvík.
- Using a Strict policy might deter some guests, as only 4.5% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in Ólafsvík.
Ólafsvík STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Ólafsvík
- The overall average booking lead time for vacation rentals in Ólafsvík is 76 days.
- Guests book furthest in advance for stays during July (average 120 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 30 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (112 days avg.) sees the longest lead times, while Winter (40 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (76 days) as a baseline for your pricing and availability strategy in Ólafsvík.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 120 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 112 days) to capture early planners.
- Monitor your own booking lead times against these Ólafsvík averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Ólafsvík (2025)
Amenity Prevalence
Amenity Insights for Ólafsvík
- Essential amenities in Ólafsvík that guests expect include: Wifi, Free parking on premises, Kitchen. Lacking these (any) could significantly impact bookings.
- Popular amenities like Smoke alarm, Fire extinguisher, Coffee maker are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Ólafsvík: Wifi, Free parking on premises, Kitchen.
- Prioritize adding missing essentials: Free parking on premises, Kitchen.
- Consider adding popular differentiators like Smoke alarm or Fire extinguisher to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Ólafsvík to stay competitive.
Ólafsvík Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Ólafsvík
- The typical guest profile for Airbnb in Ólafsvík consists of predominantly international visitors (100%), with top international origins including Germany, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or German.
- Domestic travelers account for 0.4% of guests.
- Key international markets include United States (34.5%) and Germany (11.5%).
- Top languages spoken are English (49.3%) followed by German (10.5%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Focus marketing internationally, particularly towards travelers from Germany.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Ólafsvík Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Hellissandur | 17 | $4,559 | $375.26 | 50% |
| Arnarstapi | 12 | $4,348 | $326.64 | 50% |
| Garður | 10 | $4,130 | $239.82 | 63% |
| Snæfellsbær | 10 | $3,915 | $345.01 | 52% |
| Sandgerði | 17 | $3,820 | $215.27 | 61% |
| Grundarfjarðarbær | 59 | $3,769 | $254.47 | 53% |
| Stykkishólmur | 40 | $3,315 | $286.34 | 50% |
| Sveitarfélagið Vogar | 16 | $3,062 | $261.01 | 45% |
| Reykjanesbær | 142 | $2,311 | $208.32 | 47% |
| Akraneskaupstaður | 16 | $1,604 | $174.51 | 43% |