Airbnb Market Analytics, Statistics and Data in Panaji, Goa, India
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Panaji? 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 Panaji:
How much do Airbnb hosts make on average per month in Panaji?
The short-term rental market in Panaji 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 $462 per month
- Strong performing properties (top 25%) make $973 or more
- Best-in-class properties (top 10%) achieve $2,134+ monthly
- Entry-level properties (bottom 25%) typically earn around $200
Revenue Variations by Month
Occupancy Rates Throughout the Year in Panaji
The market in Panaji 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 29% occupancy rates
- Strong performing properties (top 25%) achieve 52% or higher
- Best-in-class properties (top 10%) reach 74%+occupancy
- Entry-level properties (bottom 25%) average around 14%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Panaji
Daily rates in Panaji 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 $44 per night
- Strong performing properties (top 25%) secure $80 or more
- Best-in-class properties (top 10%) pull in $144+ per night
- Entry-level properties (bottom 25%) earn around $26
Daily Rate Variations by Month
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Seasonality patterns in Panaji
Peak Season (December, November, February)
- Revenue peaks at $1190.12 per month
- Occupancy rates reach 41.60%
- Daily rates average $90.99
Shoulder Season
- Revenue averages $864.90 per month
- Occupancy maintains 34.70%
- Daily rates hold at $73.90
Low Season (September, August, July)
- Revenue drops to $685.58 per month
- Occupancy decreases to 28.54%
- Daily rates adjust to $67.62
Is it still profitable to do Airbnb in Panaji in 2025?
Yes! Panaji demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 35% and monthly revenue averaging $865 and With 257 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 Panaji
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Panaji City | The capital city of Goa, known for its Portuguese heritage and vibrant culture. This area is ideal for tourists looking to explore historical sites, local markets, and riverside attractions. | Church of Our Lady of the Immaculate Conception, Fontainhas (Latin Quarter), Dona Paula, Miramar Beach, Goa State Museum |
| Old Goa | Famous for its historical churches and heritage sites, Old Goa attracts tourists interested in culture and history. It's a UNESCO World Heritage Site, making it a prime location for visitors. | Basilica of Bom Jesus, Se Cathedral, Church of St. Cajetan, Museum of Christian Art, Arch of Augustus |
| Candolim | A popular beach destination known for its beautiful coastline and water sports. Ideal for tourists looking for a fun and relaxing beach holiday. | Candolim Beach, Fort Aguada, Sinquerim Beach, Water sports activities, Nightlife spots |
| Anjuna | Famous for its vibrant nightlife, flea markets, and stunning beaches. It attracts a younger crowd and those looking for a bohemian experience. | Anjuna Beach, Anjuna Flea Market, Club Cubana, Vagator Beach, Chapora Fort |
| Bardez | A region known for its scenic beauty and close proximity to many beaches. It offers a mix of relaxation and local experiences. | Baga Beach, Calangute Beach, Vagator Beach, Mackies Night Market, Fort Aguada |
| Calangute | Another renowned beach location that is family-friendly and offers plenty of water activities and accommodations for tourists. | Calangute Beach, Candolim Beach, Shopping at Calangute Market, Water sports, Nightclubs |
| Assagao | A quaint village known for its stunning natural beauty and artistic vibe. Ideal for travelers seeking tranquility and a local experience. | Assagao Village, Nerul River, Art galleries, Local Goan cuisine, Green landscapes |
| Siolim | A peaceful village that offers a glimpse of traditional Goan life, popular among those looking for a quiet escape yet close to the beaches. | Siolim River, Local markets, Traditional Goan houses, Nearby beaches, Yoga retreats |
Do you need a license for Airbnb in Panaji?
Most likely, Panaji requires a license for Airbnb operations. With 32% of current listings showing licensing information, we recommend checking Panaji's short-term rental regulations and starting the licensing process before listing your property.
Top Performing Airbnb Properties in Panaji
Island Pool Villa ✺ Pvt Pool I Cook I Staff I WIFI
Entire Place • 4 bedrooms
Stelliam's 5 BHK Sea facing apartments in Goa.
Entire Place • 5 bedrooms
4 Bedroom Luxury "Calypso" Pool Villa near Panjim
Entire Place • 4 bedrooms
Staymaster Flabris·4BR·SeaView
Entire Place • 4 bedrooms
Casa de Paz-Luxurious 5BHK Penthouse w/ Lounge Bar
Entire Place • 5 bedrooms
3BR Spacious Duplex · Central to North & South Goa
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Panaji
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Shaeen | 10 | $120,200 | 188 | 3.94/5.0 |
| Siddhant Sadguru | 2 | $89,040 | 36 | 4.97/5.0 |
| Staymaster | 2 | $86,933 | 64 | 4.76/5.0 |
| Aman | 4 | $85,226 | 115 | 4.67/5.0 |
| 51398087 | 3 | $69,619 | 70 | 3.15/5.0 |
| Charles | 1 | $64,214 | 76 | 4.93/5.0 |
| Shweta | 1 | $56,522 | 29 | 4.79/5.0 |
| Poonam | 2 | $48,275 | 99 | 4.92/5.0 |
| Capt. Leo | 3 | $39,300 | 550 | 4.74/5.0 |
| Kirti | 1 | $37,508 | 46 | 4.91/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Panaji
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 (60.7%), with apartment & condo and house properties comprising 70.8% of inventory
- Strong specialty sector (26.1%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, outdoor & mobile, unique stays segments (4.7% combined)
Room Capacity Distribution
Analysis of 257 properties in Panaji shows that 1 bedroom properties are most prevalent, making up 47.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 69.3% of all listings.
Key Insights
- Most common: 1 bedroom (47.9%)
- Least common: 5+ bedrooms (2.7%)
- Market concentration: 69.3% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 257 properties in Panaji reveals that 2 guests properties dominate the market, representing 26.5% of all listings. The average property accommodates 3.9 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 8+ guests make up 42.8% of the market.
Key Insights
- Most common capacity: 2 guests (26.5% of market)
- Least common capacity: 1 guest (0.8% of market)
- Average guest capacity: 3.9 guests per property
- Market concentration: 42.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 257 properties in Panaji, the most common availability pattern is 271-366 days (63.4% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (31.5% of properties).
Key Insights
- Most common availability window: 271-366 days (63.4%)
- Most common booking duration: 1-30 days (31.5%)
- Properties with high availability (180+ days): 83.3%
- Properties with long-term bookings (180+ days): 17.1%
Minimum Stay Distributions
1 Night
155 listings
64.9% of total
2 Nights
50 listings
20.9% of total
3 Nights
15 listings
6.3% of total
4-6 Nights
4 listings
1.7% of total
30+ Nights
15 listings
6.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 85.8%
- Mid-length stays (4-6 nights) represent 1.7% of listings
- Monthly+ stays (6.3%) suggest a stable extended-stay market
- High market flexibility with 92.1% 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
41 listings
20.9% of total
Moderate
74 listings
37.8% of total
Firm
26 listings
13.3% of total
Strict
55 listings
28.1% of total
Key Insights
- Moderate is the preferred policy at 37.8% of listings
- The market shows a balanced distribution between guest-friendly (58.7%) and strict (41.4%) policies
- Strong market consensus around Moderate policies
- Firm policies are least common at 13.3% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate 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 Dec, Jan, Feb, averaging 39 days
- Shortest booking windows are in Aug, Jul, Jun, averaging 15 days
- Winter shows the longest average booking window at 39 days, while Summer has the shortest at 15 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 39 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during Aug-Jun when lead times are shortest
Popular Airbnb Amenities in Panaji
Below is the distribution of amenities across listings in Panaji:
Traveler Demographics
Key Insights
- Domestic travelers make up 79% of total guests, indicating a dominant local market share.
- Primary international markets: United Kingdom (5.7%) and United States (4.9%)
- English is the top language at 51.4%, followed by Hindi (36.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.3%
Recommendations
- Target marketing campaigns for Bengaluru and Mumbai markets
- Develop localized content for United Kingdom and United States
- Prioritize English and Hindi 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 Panaji. These nearby markets offer diverse opportunities for property investors and hosts:
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