Itirin Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Lagos State, Nigeria
Is Airbnb profitable in Itirin in 2025? Explore comprehensive Airbnb analytics for Itirin, Lagos State, Nigeria to uncover income potential. This 2025 STR market report for Itirin, based on AirROI data from June 2024 to May 2025, reveals key trends in the niche market of 174 active listings.
Whether you're considering an Airbnb investment in Itirin, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Itirin Airbnb data is crucial. Understanding the local regulations is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Itirin Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Itirin (2025)
Understanding the monthly revenue variations for Airbnb listings in Itirin 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 Itirin is typically December, while June often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Itirin across different performance tiers:
- Best-in-class properties (Top 10%) achieve $1,828+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $1,238 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $643 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $339, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Itirin
Itirin Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Itirin STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Decembersees the highest demand (peak season occupancy), while June 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 Itirin:
- Best-in-class properties (Top 10%) achieve 60%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 42% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 24%.
- Entry-level properties (Bottom 25%) average 12% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Itirin
Average Daily Rate (ADR) Airbnb Trends in Itirin (2025)
Effective short term rental pricing strategy in Itirin involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Itirin typically peaks in December and dips lowest during April. 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 $230+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $162 or more.
- Typical properties (Median) charge around $112 per night.
- Entry-level properties (Bottom 25%) earn around $71 per night.
Average Daily Rate (ADR) Trend by Month in Itirin
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Airbnb Seasonality Analysis & Trends in Itirin (2025)
Peak Season (December, April, March)
- Revenue averages $1,097 per month
- Occupancy rates average 33.0%
- Daily rates average $127
Shoulder Season
- Revenue averages $881 per month
- Occupancy maintains around 30.7%
- Daily rates hold near $135
Low Season (May, June, September)
- Revenue drops to average $680 per month
- Occupancy decreases to average 22.8%
- Daily rates adjust to average $134
Seasonality Insights for Itirin
- The Airbnb seasonality in Itirin 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 Itirin's highest earning potential, with monthly revenues capable of climbing to $1,285, occupancy reaching a high of 38.9%, and ADRs peaking at $144.
- 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 $612, occupancy could drop to 16.5%, and ADRs may adjust down to $118.
- 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 Itirin.
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 Itirin seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Itirin (2025)
Exploring the top neighborhoods for short-term rentals in Itirin? 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 |
|---|---|---|
| Victoria Island | A vibrant commercial hub with a mix of business and leisure attractions, popular among tourists and expatriates seeking luxury and nightlife. | Lekki-Ikoyi Link Bridge, Elegushi Beach, Nike Art Gallery, Hard Rock Cafe, The Palms Shopping Mall |
| Lekki Phase 1 | An upscale residential area with beautiful beaches and a lively social scene, appealing to young professionals and vacationers alike. | Lekki Leisure Lake, Elegushi Beach, Lekki Arts and Crafts Market, National Museum Lagos, Oniru Private Beach |
| Ikoyi | Known for its affluence, hotels, and luxury apartments, Ikoyi attracts high-net-worth individuals and business travelers. | Ikoyi Club 1938, Lekki-Ikoyi Bridge, Nike Art Gallery, Freedom Park Lagos, National Museum Lagos |
| Surulere | A bustling neighborhood popular with locals and visitors, offering a blend of culture and recreation, making it attractive for short-term stays. | National Stadium, Jibowu Market, Shitta Roundabout, Surulere Park, Bolina Beach |
| Yaba | Known as a tech hub and home to universities, Yaba attracts students and tech professionals; perfect for budget travelers and young locals. | Yaba Market, The University of Lagos, National Museum Lagos, Tejuoso Market, Yaba Technology District |
| Festac Town | A planned residential area popular with families, offering affordable accommodation options and a vibrant community feel. | Festac Town Shopping Mall, Festac Cultural Center, Shops and local markets, Nigerian National Gallery of Art |
| Epe | A quieter town known for its natural beauty and historical significance, ideal for travelers seeking a serene getaway. | Epe Beach, Lekki Conservation Centre, Epe Resort and Spa, Eredo Hill, Ibeju-Lekki |
| Ikeja | The capital of Lagos State, offering a rich mix of culture, shopping, and business with numerous attractions for first-time visitors. | Ikeja City Mall, Terra Kulture, Kalakuta Museum, Murtala Muhammed International Airport, Ikeja Golf Club |
Understanding Airbnb License Requirements & STR Laws in Itirin (2025)
With 13% of listings showing registration in 2025, understanding potential Airbnb license requirements is crucial in Itirin. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Itirin to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 13% licensed listings)
Top Performing Airbnb Properties in Itirin (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Itirinbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Charming 2BR Lagos Apartment Breath taking Views
Entire Place • 2 bedrooms
4 bedroom apartment in VI Lagos
Entire Place • 4 bedrooms
Cozy 2 Bed VI with crazy views
Entire Place • 2 bedrooms
Luxury Condo Style Apartment in Victoria Island!
Entire Place • 2 bedrooms
3BDR Stunning Lagoon View in VI
Entire Place • 3 bedrooms
DAPT: 1BDR gray, Wi-Fi, 24/7 PWR & AC guaranteed
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 Itirin (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Itirin 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 |
|---|---|---|---|---|
| Bassem | 14 | $137,024 | 642 | 4.95/5.0 |
| Teddy | 6 | $51,685 | 61 | 4.75/5.0 |
| Koza Homes NG | 4 | $32,502 | 0 | N/A/5.0 |
| Sixteen By Sixteen Reservation | 3 | $27,015 | 58 | 4.85/5.0 |
| David | 2 | $26,364 | 74 | 4.92/5.0 |
| Nnaemeka Godswill | 1 | $24,696 | 23 | 4.74/5.0 |
| David | 10 | $23,718 | 7 | N/A/5.0 |
| Lanre | 6 | $22,770 | 34 | 4.53/5.0 |
| Ayo | 2 | $20,718 | 65 | 4.88/5.0 |
| Ure | 1 | $20,070 | 12 | 4.83/5.0 |
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 Itirin.
Dive Deeper: Advanced Itirin STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Itirin. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsItirin Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Itirin
- The Itirin Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 85.1% of the 174 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Itirin, Apartment/Condo properties are the most common (94.3%), reflecting the local real estate landscape.
- Smaller segments like hotel/boutique, house, others (combined 5.7%) offer potential for unique stay experiences.
Itirin Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Itirin
- The dominant room capacity in Itirin is 1 bedroom listings, making up 43.7% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 71.3% of the active Airbnb listings in Itirin, indicating a high concentration in these sizes.
- A significant 26.5% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Itirin.
Itirin Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Itirin
- The most common guest capacity trend in Itirin vacation rentals is listings accommodating 2 guests (39.1%). This suggests the primary traveler segment is likely couples or solo travelers.
- Properties designed for 2 guests and 4 guests dominate the Itirin STR market, accounting for 59.2% of listings.
- A significant 42.0% of listings cater specifically to 1-2 guests, highlighting strong demand from couples and solo travelers in Itirin.
- 21.8% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Itirin.
- On average, properties in Itirin are equipped to host 3.6 guests.
Itirin Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Itirin
- The most common availability pattern in Itirin falls within the 271-366 days range, representing 85.1% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 97.2% 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 Itirin (62.1%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 2.9% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Itirin Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
65 listings
39.2% of total
2 Nights
42 listings
25.3% of total
3 Nights
18 listings
10.8% of total
4-6 Nights
10 listings
6% of total
7-29 Nights
6 listings
3.6% of total
30+ Nights
25 listings
15.1% of total
Key Insights
- The most prevalent minimum stay requirement in Itirin is 1 Night, adopted by 39.2% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (64.5%) of the Itirin Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
- A significant segment (15.1%) caters to monthly stays (30+ nights) in Itirin, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 39.2% of Itirin hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 15.1% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Itirin.
Itirin Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
78 listings
59.5% of total
Moderate
22 listings
16.8% of total
Firm
24 listings
18.3% of total
Strict
7 listings
5.3% of total
Cancellation Policy Insights for Itirin
- The prevailing Airbnb cancellation policy trend in Itirin is Flexible, used by 59.5% of listings.
- The market strongly favors guest-friendly terms, with 76.3% of listings offering Flexible or Moderate policies. This suggests guests in Itirin may expect booking flexibility.
- Strict cancellation policies are quite rare (5.3%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 59.5% market standard in Itirin.
- Given the high prevalence of Flexible policies (59.5%), offering this can enhance booking appeal, especially during shoulder seasons.
- Using a Strict policy might deter some guests, as only 5.3% 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 Itirin.
Itirin STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Itirin
- The overall average booking lead time for vacation rentals in Itirin is 20 days.
- Guests book furthest in advance for stays during October (average 41 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in May (average 13 days), indicating more last-minute travel plans during this time.
- Seasonally, Fall (32 days avg.) sees the longest lead times, while Spring (14 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (20 days) as a baseline for your pricing and availability strategy in Itirin.
- For October stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 41 days out to capitalize on advance planning.
- Target marketing efforts for the Fall season well in advance (at least 32 days) to capture early planners.
- Monitor your own booking lead times against these Itirin averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Itirin (2025)
Amenity Prevalence
Amenity Insights for Itirin
- Essential amenities in Itirin that guests expect include: Wifi, Air conditioning, TV, Free parking on premises, Kitchen. Lacking these (any) could significantly impact bookings.
- Popular amenities like Washer, Hot water, Essentials are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Itirin: Wifi, Air conditioning, TV, Free parking on premises, Kitchen.
- Prioritize adding missing essentials: TV, Free parking on premises, Kitchen.
- 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 Itirin to stay competitive.
Itirin Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Itirin
- The typical guest profile for Airbnb in Itirin consists of predominantly international visitors (88%), with top international origins including United Kingdom, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or French.
- Domestic travelers account for 12.2% of guests.
- Key international markets include United States (39.9%) and United Kingdom (16%).
- Top languages spoken are English (65.4%) followed by French (9.6%).
- 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 United Kingdom.
- 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 Itirin 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 |
|---|---|---|---|---|
| Ibeju | 19 | $873 | $112.27 | 32% |
| Eko Atlantic | 14 | $764 | $199.34 | 25% |
| Falomo | 114 | $679 | $160.18 | 30% |
| Djako Daho | 46 | $476 | $53.00 | 40% |
| Moba | 219 | $424 | $116.23 | 29% |
| Ajah | 14 | $422 | $93.53 | 36% |
| Ojomu | 81 | $418 | $94.95 | 29% |
| Ikate | 190 | $407 | $103.18 | 29% |
| Animashawun | 13 | $382 | $53.62 | 33% |
| Lekki | 80 | $369 | $122.34 | 31% |