Airbnb Market Analytics, Statistics and Data in Bar, Bar Municipality, Montenegro
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Bar? 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 Bar:
How much do Airbnb hosts make on average per month in Bar?
The short-term rental market in Bar 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 $408 per month
- Strong performing properties (top 25%) make $961 or more
- Best-in-class properties (top 10%) achieve $1,782+ monthly
- Entry-level properties (bottom 25%) typically earn around $173
Revenue Variations by Month
Occupancy Rates Throughout the Year in Bar
The market in Bar 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 21% occupancy rates
- Strong performing properties (top 25%) achieve 43% or higher
- Best-in-class properties (top 10%) reach 67%+occupancy
- Entry-level properties (bottom 25%) average around 10%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Bar
Daily rates in Bar 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 $55 per night
- Strong performing properties (top 25%) secure $76 or more
- Best-in-class properties (top 10%) pull in $105+ per night
- Entry-level properties (bottom 25%) earn around $42
Daily Rate Variations by Month
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Seasonality patterns in Bar
Peak Season (July, August, June)
- Revenue peaks at $1100.76 per month
- Occupancy rates reach 45.18%
- Daily rates average $79.61
Shoulder Season
- Revenue averages $684.99 per month
- Occupancy maintains 28.58%
- Daily rates hold at $72.97
Low Season (February, December, January)
- Revenue drops to $267.90 per month
- Occupancy decreases to 13.30%
- Daily rates adjust to $66.24
Is it still profitable to do Airbnb in Bar in 2025?
Yes! Bar demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 29% and monthly revenue averaging $685 and With 270 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 (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Bar
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Ada Bojana | A unique island destination famous for its natural beauty and nudist beach culture. Ideal for those seeking a tranquil retreat surrounded by nature, with great opportunities for water sports. | Ada Bojana Beach, Kitesurfing, Restaurant Ada, Olive Grove, Kayaking |
| Old Town Bar | Rich in history and culture, Old Town Bar features cobblestone streets and ancient ruins. Attracts tourists interested in history, architecture, and local cuisine. | Bar Fortress, King Nikola's Palace, Church of St. John, Beri Lake, Local markets |
| Sutomore | A vibrant seaside town with a beautiful beach and lively atmosphere. It's perfect for families and tourists looking for beach fun with accessibility to nearby attractions. | Sutomore Beach, Fortress Topolica, Local Nightlife, Beach bars, Water sports activities |
| Mirova | This area is known for its picturesque scenery and tranquility. Ideal for visitors seeking relaxation and a closer experience with nature. | Mirova Beach, Nature Trails, Dining by the sea, Fishing spots, Scenic viewpoints |
| Utjeha | A small coastal area known for its clear waters and serene environment. Great for those looking for a quieter sea experience, away from crowded beaches. | Utjeha Beach, Diving spots, Secluded coves, Beachfront restaurants, Sunset views |
| Dobre Vode | A charming coastal village that attracts visitors with its beautiful beaches and laid-back vibe. It’s ideal for family vacations and summer rentals. | Dobre Vode Beach, Beach clubs, Restaurant options, Scenic walks, Historical sites nearby |
| Volui | A lesser-known gem in the Bar region, Volui is perfect for tourists who appreciate serenity and the beauty of rural Montenegro, while still being close to the coast. | Natural landscapes, Wine tasting tours, Peaceful rural environment, Hiking opportunities, Local farms and markets |
| Petrovac | A lively town with stunning beaches and a charming promenade. Attracts beach lovers and families, offering both relaxation and activities. | Petrovac Beach, Old Olive Tree, Local shops and cafes, Water sports, Scenic hiking trails |
Do you need a license for Airbnb in Bar?
We recommend checking directly with Bar'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 Bar
N&N LUX Double room
Entire Place • 2 bedrooms
Adriatic Apartment
Entire Place • 1 bedroom
Babovic CITY
Entire Place • 1 bedroom
Petras sunset apartment
Entire Place • 1 bedroom
Lux apartman 20m from the sea!
Entire Place • 1 bedroom
Boho soul,Cozy city center condo,near everything
Entire Place • 1 bedroom
Top Performing Professional Hosts in Bar
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Markicic | 4 | $47,595 | 20 | 3.72/5.0 |
| 106870879 | 5 | $34,931 | 2 | 0.00/5.0 |
| Danilo | 11 | $34,098 | 33 | 1.31/5.0 |
| Nuna | 3 | $33,104 | 74 | 4.71/5.0 |
| Dragana | 3 | $24,954 | 77 | 4.87/5.0 |
| Filip | 1 | $22,548 | 12 | 5.00/5.0 |
| Alem | 8 | $22,249 | 109 | 2.37/5.0 |
| Marko | 9 | $18,886 | 267 | 4.35/5.0 |
| 156621183 | 1 | $18,164 | 21 | 5.00/5.0 |
| Filip | 1 | $17,463 | 11 | 4.91/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Bar
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 (93.7%), with apartment & condo and house properties comprising 95.1% of inventory
- Untapped potential in boutique & hotels, others, outdoor & mobile segments (4.9% combined)
Room Capacity Distribution
Analysis of 270 properties in Bar shows that 1 bedroom properties are most prevalent, making up 67.4% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 81.9% of all listings.
Key Insights
- Most common: 1 bedroom (67.4%)
- Least common: 5+ bedrooms (0.7%)
- Market concentration: 81.9% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 270 properties in Bar reveals that 4 guests properties dominate the market, representing 41.5% of all listings. The average property accommodates 3.7 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 3 guests make up 61.5% of the market.
Key Insights
- Most common capacity: 4 guests (41.5% of market)
- Least common capacity: 1 guest (0.4% of market)
- Average guest capacity: 3.7 guests per property
- Market concentration: 61.5% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 270 properties in Bar, the most common availability pattern is 271-366 days (80% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (42.2% of properties).
Key Insights
- Most common availability window: 271-366 days (80%)
- Most common booking duration: 1-30 days (42.2%)
- Properties with high availability (180+ days): 97.0%
- Properties with long-term bookings (180+ days): 3.3%
Minimum Stay Distributions
1 Night
65 listings
27.5% of total
2 Nights
56 listings
23.7% of total
3 Nights
53 listings
22.5% of total
4-6 Nights
48 listings
20.3% of total
7-29 Nights
8 listings
3.4% of total
30+ Nights
6 listings
2.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 51.2%
- Mid-length stays (4-6 nights) represent 20.3% of listings
- Monthly+ stays (2.5%) suggest a stable extended-stay market
- High market flexibility with 73.7% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
64 listings
33.5% of total
Moderate
35 listings
18.3% of total
Firm
26 listings
13.6% of total
Strict
66 listings
34.6% of total
Key Insights
- Strict is the preferred policy at 34.6% of listings
- The market shows a balanced distribution between guest-friendly (51.8%) and strict (48.2%) policies
- Strong market consensus around Strict policies
- Firm policies are least common at 13.6% 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 Jul, Aug, Jun, averaging 61 days
- Shortest booking windows are in Feb, Jan, Dec, averaging 22 days
- Summer shows the longest average booking window at 61 days, while Winter has the shortest at 22 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 61 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Feb-Dec when lead times are shortest
Popular Airbnb Amenities in Bar
Below is the distribution of amenities across listings in Bar:
Traveler Demographics
Key Insights
- Domestic travelers make up 4.1% of total guests, indicating a mostly international-driven market.
- Primary international markets: Germany (25.5%) and Poland (17.5%)
- English is the top language at 56.3%, followed by Russian (18.7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.1%
Recommendations
- Target marketing campaigns for Belgrade and London markets
- Develop localized content for Germany and Poland
- Prioritize English and Russian 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 Bar. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Lapčići | 10 | $2,679 | $295.11 | 44% |
| Ledenice | 10 | $2,651 | $396.08 | 42% |
| Močići | 29 | $2,404 | $262.00 | 43% |
| Zavrelje | 23 | $2,253 | $436.29 | 55% |
| Čilipi | 34 | $2,065 | $223.93 | 49% |
| Popovići | 11 | $1,992 | $267.07 | 43% |
| Dubrovnik | 4,977 | $1,990 | $198.90 | 52% |
| Čibača | 29 | $1,908 | $301.24 | 49% |
| Milovići | 12 | $1,877 | $177.10 | 46% |
| Rađenovići | 23 | $1,846 | $411.66 | 32% |
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