Elgin Town Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Hanover, Jamaica
Is Airbnb profitable in Elgin Town in 2025? Explore comprehensive Airbnb analytics for Elgin Town, Hanover, Jamaica to uncover income potential. This 2025 STR market report for Elgin Town, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 19 active listings.
Whether you're considering an Airbnb investment in Elgin Town, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Elgin Town 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 Elgin Town Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Elgin Town (2025)
Understanding the monthly revenue variations for Airbnb listings in Elgin Town 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 Elgin Town is typically July, while September often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Elgin Town across different performance tiers:
- Best-in-class properties (Top 10%) achieve $2,778+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,230 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,614 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $823, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Elgin Town
Elgin Town Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Elgin Town 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 Elgin Town:
- Best-in-class properties (Top 10%) achieve 77%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 55% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 38%.
- Entry-level properties (Bottom 25%) average 20% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Elgin Town
Average Daily Rate (ADR) Airbnb Trends in Elgin Town (2025)
Effective short term rental pricing strategy in Elgin Town involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Elgin Town typically peaks in December and dips lowest during September. 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 $149+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $127 or more.
- Typical properties (Median) charge around $114 per night.
- Entry-level properties (Bottom 25%) earn around $99 per night.
Average Daily Rate (ADR) Trend by Month in Elgin Town
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Airbnb Seasonality Analysis & Trends in Elgin Town (2025)
Peak Season (July, April, May)
- Revenue averages $2,406 per month
- Occupancy rates average 46.9%
- Daily rates average $122
Shoulder Season
- Revenue averages $1,638 per month
- Occupancy maintains around 42.3%
- Daily rates hold near $122
Low Season (February, September, November)
- Revenue drops to average $898 per month
- Occupancy decreases to average 29.1%
- Daily rates adjust to average $121
Seasonality Insights for Elgin Town
- The Airbnb seasonality in Elgin Town 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 Elgin Town's highest earning potential, with monthly revenues capable of climbing to $2,448, occupancy reaching a high of 57.2%, and ADRs peaking at $124.
- 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 $802, occupancy could drop to 26.4%, and ADRs may adjust down to $119.
- 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 Elgin Town.
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 Elgin Town seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Elgin Town (2025)
Exploring the top neighborhoods for short-term rentals in Elgin Town? 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 |
|---|---|---|
| Central Elgin | A vibrant area with easy access to local shops, restaurants, and the Elgin Town center. Perfect for those looking for both culture and convenience. | Elgin Town Market, Elgin Public Library, local parks, community centers |
| George's Plain | A developing area close to beautiful beaches and local attractions, ideal for nature lovers and beachgoers. | James Bond Beach, local jerk centers, beachfront access, water sports activities |
| Bamboo | Known for its tranquil environment and proximity to attractions like the Blue Mountains, ideal for guests seeking relaxation and nature. | Blue Mountain Coffee plantations, hiking trails, natural scenery |
| Hampden | A residential neighborhood that offers a local feel and easy access to larger towns. Great for long-term stays and community-oriented guests. | local markets, community events, historical sites |
| Cedar Grove | A growing area with a mix of residential and tourist facilities, suitable for budget travelers looking for local experiences. | community parks, traditional Jamaican eateries, local art galleries |
| Lionel Town | An area rich in cultural heritage and local events, attracting guests interested in authentic Jamaican experiences. | local festivals, historical landmarks, community art projects |
| Port Maria | A coastal town with stunning views and rich history, ideal for guests who want to explore Jamaica's beautiful coastline. | Port Maria Beach, historical sites, fishing village activities |
| Oracabessa | Famous for its stunning beaches and vibrant nightlife, perfect for tourists looking to experience the bustling Jamaican beach culture. | James Bond Beach, local nightlife, water activities |
Understanding Airbnb License Requirements & STR Laws in Elgin Town (2025)
While Elgin Town, Hanover, Jamaica 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 Elgin Town to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Elgin Town (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Elgin Townbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Comfort Suite:
Entire Place • 2 bedrooms
Brisas Del Mar beach, pools, gym, clubhouse, beach
Entire Place • 2 bedrooms
CasaLamar Beachside Retreat
Entire Place • 2 bedrooms
Private & Cozy two bedroom Oceanpointe House
Entire Place • 2 bedrooms
The Chill Spot Villa
Entire Place • 2 bedrooms
Relaxing, Modern rustic 2 bedrm with pool and gym
Entire Place • 2 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Elgin Town (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Elgin Town 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 |
|---|---|---|---|---|
| Kymberley And Jevonnie | 1 | $26,406 | 66 | 4.91/5.0 |
| Phillip | 1 | $25,276 | 14 | 5.00/5.0 |
| Tenille | 1 | $24,065 | 24 | 4.96/5.0 |
| John | 1 | $23,984 | 109 | 4.84/5.0 |
| Dana | 1 | $22,310 | 38 | 4.71/5.0 |
| Jami | 1 | $21,965 | 75 | 4.85/5.0 |
| Jackie | 1 | $19,810 | 24 | 4.92/5.0 |
| Shawn | 1 | $18,573 | 12 | 4.92/5.0 |
| Cecily | 1 | $13,050 | 45 | 4.73/5.0 |
| Kareta | 1 | $12,926 | 14 | 4.79/5.0 |
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 Elgin Town.
Dive Deeper: Advanced Elgin Town STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Elgin Town. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsElgin Town Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Elgin Town
- The Elgin Town Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 100% of the 19 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Elgin Town, House properties are the most common (100%), reflecting the local real estate landscape.
- Houses represent a significant 100% portion, catering likely to families or larger groups.
Elgin Town Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Elgin Town
- The dominant room capacity in Elgin Town is 2 bedrooms listings, making up 94.7% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 3 bedrooms properties represent 100.0% of the active Airbnb listings in Elgin Town, indicating a high concentration in these sizes.
- Listings with 3+ bedrooms (5.3%) represent a smaller niche, potentially indicating an underserved market for larger group accommodations in Elgin Town.
Elgin Town Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Elgin Town
- The most common guest capacity trend in Elgin Town vacation rentals is listings accommodating 4 guests (68.4%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 6 guests dominate the Elgin Town STR market, accounting for 84.2% of listings.
- 21.1% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Elgin Town.
- On average, properties in Elgin Town are equipped to host 4.6 guests.
Elgin Town Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Elgin Town
- The most common availability pattern in Elgin Town falls within the 271-366 days range, representing 47.4% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 73.7% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 1-30 days range is most frequent in Elgin Town (31.6%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 26.4% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Elgin Town Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
5 listings
26.3% of total
2 Nights
10 listings
52.6% of total
3 Nights
4 listings
21.1% of total
Key Insights
- The most prevalent minimum stay requirement in Elgin Town is 2 Nights, adopted by 52.6% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (78.9%) of the Elgin Town Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 52.6% of Elgin Town hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 26.3% currently do.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Elgin Town.
Elgin Town Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
6 listings
35.3% of total
Moderate
6 listings
35.3% of total
Firm
2 listings
11.8% of total
Strict
3 listings
17.6% of total
Cancellation Policy Insights for Elgin Town
- The prevailing Airbnb cancellation policy trend in Elgin Town is Flexible, used by 35.3% of listings.
- The market strongly favors guest-friendly terms, with 70.6% of listings offering Flexible or Moderate policies. This suggests guests in Elgin Town may expect booking flexibility.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 35.3% market standard in Elgin Town.
- Regularly review your cancellation policy against competitors and market demand shifts in Elgin Town.
Elgin Town STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Elgin Town
- The overall average booking lead time for vacation rentals in Elgin Town is 35 days.
- Guests book furthest in advance for stays during January (average 64 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in September (average 16 days), indicating more last-minute travel plans during this time.
- Seasonally, Winter (53 days avg.) sees the longest lead times, while Fall (21 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (35 days) as a baseline for your pricing and availability strategy in Elgin Town.
- For January stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 64 days out to capitalize on advance planning.
- Target marketing efforts for the Winter season well in advance (at least 53 days) to capture early planners.
- Monitor your own booking lead times against these Elgin Town averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Elgin Town (2025)
Amenity Prevalence
Amenity Insights for Elgin Town
- Essential amenities in Elgin Town that guests expect include: Air conditioning, Free parking on premises, Wifi. Lacking these (any) could significantly impact bookings.
- Popular amenities like Washer, Hot water, Iron are common but not universal. Offering these can provide a competitive edge.
- A pool is a highly desired but not standard amenity, making it a key feature for attracting guests seeking leisure in Elgin Town.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Elgin Town: Air conditioning, Free parking on premises, Wifi.
- Consider adding popular differentiators like Washer or Hot water 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 Elgin Town to stay competitive.
Elgin Town Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Elgin Town
- The typical guest profile for Airbnb in Elgin Town consists of predominantly international visitors (85%), with top international origins including Jamaica, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 14.6% of guests.
- Key international markets include United States (60.7%) and Jamaica (14.6%).
- Top languages spoken are English (88.3%) followed by Spanish (6.7%).
- 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 Jamaica.
- 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 Elgin Town 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 |
|---|---|---|---|---|
| Duncans | 26 | $4,507 | $580.79 | 35% |
| Mount Zion | 27 | $3,816 | $389.46 | 36% |
| Unity Hall | 28 | $3,710 | $374.87 | 29% |
| Ocho Rios | 16 | $3,641 | $403.86 | 30% |
| Montego Bay | 200 | $3,111 | $375.32 | 38% |
| West End | 13 | $3,084 | $281.01 | 44% |
| Davis Cove | 14 | $2,828 | $319.17 | 33% |
| Treasure Beach | 14 | $2,813 | $335.30 | 31% |
| Bruces Hill | 18 | $2,611 | $554.75 | 28% |
| West End | 23 | $2,581 | $285.34 | 37% |