Airbnb Market Analytics, Statistics and Data in Mumbai, Maharashtra, India
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Mumbai? 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 Mumbai:
How much do Airbnb hosts make on average per month in Mumbai?
The short-term rental market in Mumbai 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 $778 per month
- Strong performing properties (top 25%) make $1,426 or more
- Best-in-class properties (top 10%) achieve $2,124+ monthly
- Entry-level properties (bottom 25%) typically earn around $342
Revenue Variations by Month
Occupancy Rates Throughout the Year in Mumbai
The market in Mumbai 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 39% occupancy rates
- Strong performing properties (top 25%) achieve 66% or higher
- Best-in-class properties (top 10%) reach 83%+occupancy
- Entry-level properties (bottom 25%) average around 18%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Mumbai
Daily rates in Mumbai 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 $51 per night
- Strong performing properties (top 25%) secure $79 or more
- Best-in-class properties (top 10%) pull in $120+ per night
- Entry-level properties (bottom 25%) earn around $33
Daily Rate Variations by Month
Get Live Mumbai Market Intelligence 👇
Explore Real-time Analytics
Seasonality patterns in Mumbai
Peak Season (December, June, March)
- Revenue peaks at $1159.06 per month
- Occupancy rates reach 48.78%
- Daily rates average $74.82
Shoulder Season
- Revenue averages $1028.86 per month
- Occupancy maintains 42.66%
- Daily rates hold at $67.28
Low Season (July, August, September)
- Revenue drops to $783.07 per month
- Occupancy decreases to 35.70%
- Daily rates adjust to $63.85
Is it still profitable to do Airbnb in Mumbai in 2025?
Yes! Mumbai demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 43% and monthly revenue averaging $1029 and As a mature market with 2072 active listings, there's strong demand despite the competition. 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 Mumbai
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Colaba | A bustling area in South Mumbai known for its vibrant culture, art galleries, and proximity to the Gateway of India. A preferred location for tourists exploring the city's rich history and attractions. | Gateway of India, Colaba Causeway, Taj Mahal Palace Hotel, Kala Ghoda Art Precinct, Chhatrapati Shivaji Maharaj Vastu Sangrahalaya |
| Bandra | A trendy suburb known for its charming residential areas, cafes, and proximity to the sea. Popular among young locals and tourists looking for a vibrant neighborhood with a mix of cultures. | Bandra Fort, Mount Mary Church, Linking Road shopping, Juhu Beach nearby, Pali Hill |
| Juhu | Famous for its beach and a popular spot among locals and tourists for its nightlife and various restaurants. Juhu is a prime location for those seeking a lively beach experience in Mumbai. | Juhu Beach, Prithvi Theatre, Iskcon Temple, Juhu Chowpatty, Sunset at Juhu |
| Andheri | A major commercial and residential hub known for its vibrant nightlife and shopping areas. Andheri attracts business travelers and tourists alike due to its connectivity. | Versova Beach, Andheri Sports Complex, Banganga Tank, Infinity Mall, Shivaji Park |
| Khar | A suburban neighborhood that boasts some of the best restaurants and shopping options in Mumbai. It's increasingly popular among young professionals and families. | Khar Gymkhana, Linking Road, Khar West's cafés, Shoppers Stop, Khar West's nightlife |
| Powai | An upscale residential area known for its beautiful lake and modern infrastructure. It attracts IT professionals due to nearby tech parks and companies. | Powai Lake, Hiranandani Gardens, Chinese Gardens, Powai Plaza, Vihar Lake |
| Versova | A quieter beach area in Andheri known for its charming atmosphere and vibrant community. Versova attracts beach lovers and those looking for a relaxing getaway. | Versova Beach, Versova Village, Versova-DN Nagar Metro, Mumbai Film City nearby, Various beach shacks and eateries |
| Malad | An emerging area with increasing commercial development and residential complexes. Malad offers affordability and accessibility, making it popular with younger travelers. | Inorbit Mall, Malad Beach, Mindspace, Dindoshi Bus Depot, Various cinemas and restaurants |
Do you need a license for Airbnb in Mumbai?
We recommend checking directly with Mumbai'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 Mumbai
Waves-4BHKVilla@BreachCandy/HN Reliance/Racecourse
Entire Place • 4 bedrooms
Spacious & Luxurious 3.5BHK in Marine Lines!
Entire Place • 4 bedrooms
3 BHK Grand Luxury Suite Near Carter Road
Entire Place • 3 bedrooms
3 BHK Grand Presidential Suite Near Carter Road
Entire Place • 3 bedrooms
3 BHK Signature Suite Linking Road Bandra West
Entire Place • 3 bedrooms
3 BHK Grand Luxury Suite Near Carter Road *
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Mumbai
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Connekt | 62 | $870,476 | 2436 | 4.40/5.0 |
| TheBombayHomeCompany | 55 | $679,404 | 2956 | 4.58/5.0 |
| Aasumi | 53 | $588,706 | 1170 | 3.93/5.0 |
| Eshan | 40 | $516,645 | 975 | 4.53/5.0 |
| Zenia Hospitality | 50 | $504,841 | 1019 | 4.74/5.0 |
| OSI Apartments | 33 | $458,582 | 2984 | 4.64/5.0 |
| Mahima | 41 | $408,128 | 546 | 3.51/5.0 |
| Stay Local INC | 24 | $401,148 | 1474 | 4.53/5.0 |
| Praveen | 48 | $301,655 | 300 | 3.03/5.0 |
| Tiny Homes And Co | 10 | $250,193 | 440 | 3.87/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Mumbai
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 (61.5%), with apartment & condo and house properties comprising 92.5% of inventory
- Untapped potential in others, outdoor & mobile, unique stays segments (0.8% combined)
Room Capacity Distribution
Analysis of 2,072 properties in Mumbai shows that 1 bedroom properties are most prevalent, making up 49.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 68.2% of all listings.
Key Insights
- Most common: 1 bedroom (49.9%)
- Least common: 5+ bedrooms (0.9%)
- Market concentration: 68.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 2,072 properties in Mumbai reveals that 2 guests properties dominate the market, representing 22.9% of all listings. The average property accommodates 3.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 40.3% of the market.
Key Insights
- Most common capacity: 2 guests (22.9% of market)
- Least common capacity: 7 guests (0.7% of market)
- Average guest capacity: 3.2 guests per property
- Market concentration: 40.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 2,072 properties in Mumbai, the most common availability pattern is 271-366 days (45% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (26.9% of properties).
Key Insights
- Most common availability window: 271-366 days (45%)
- Most common booking duration: 91-180 days (26.9%)
- Properties with high availability (180+ days): 72.2%
- Properties with long-term bookings (180+ days): 29.2%
Minimum Stay Distributions
1 Night
1338 listings
73.8% of total
2 Nights
230 listings
12.7% of total
3 Nights
58 listings
3.2% of total
4-6 Nights
33 listings
1.8% of total
7-29 Nights
53 listings
2.9% of total
30+ Nights
101 listings
5.6% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 86.5%
- Mid-length stays (4-6 nights) represent 1.8% of listings
- Monthly+ stays (5.6%) suggest a stable extended-stay market
- High market flexibility with 89.7% 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
366 listings
22.7% of total
Moderate
542 listings
33.6% of total
Firm
158 listings
9.8% of total
Strict
548 listings
34% of total
Key Insights
- Strict is the preferred policy at 34.0% of listings
- The market shows a balanced distribution between guest-friendly (56.3%) and strict (43.8%) policies
- Strong market consensus around Strict policies
- Firm policies are least common at 9.8% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict 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 Jan, Feb, Nov, averaging 32 days
- Shortest booking windows are in Jul, Aug, Sep, averaging 22 days
- Winter shows the longest average booking window at 32 days, while Summer has the shortest at 23 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 32 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during Jul-Sep when lead times are shortest
Popular Airbnb Amenities in Mumbai
Below is the distribution of amenities across listings in Mumbai:
Traveler Demographics
Key Insights
- Domestic travelers make up 67.6% of total guests, indicating a significant local market share.
- Primary international markets: United States (11%) and United Kingdom (6.3%)
- English is the top language at 51.5%, followed by Hindi (38%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.1%
Recommendations
- Target marketing campaigns for Mumbai and Bengaluru markets
- Develop localized content for United States and United Kingdom
- 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 Mumbai. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Kolechafesar | 10 | $2,099 | $409.97 | 23% |
| Chavani | 11 | $1,750 | $278.98 | 24% |
| Chondi | 65 | $1,620 | $239.16 | 29% |
| Raigad | 27 | $1,508 | $260.09 | 21% |
| Murbad | 12 | $1,416 | $227.15 | 25% |
| Trimbak | 13 | $1,392 | $175.16 | 30% |
| Pimpari | 14 | $1,390 | $184.05 | 21% |
| Aamby Valley | 20 | $1,387 | $297.11 | 21% |
| Pali | 11 | $1,373 | $223.79 | 24% |
| Gevhande Apati | 11 | $3,257 | $487.19 | 29% |
How is your STR performing?
Your vacation rental may be amazing, but is it better than your competition? Enjoy the best-in-class AI-powered analytics for free!
Discover Insights