Airbnb Market Analytics, Statistics and Data in Bastimentos, Bocas del Toro, Panama
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Bastimentos? 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 Bastimentos:
How much do Airbnb hosts make on average per month in Bastimentos?
The short-term rental market in Bastimentos 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 $1,047 per month
- Strong performing properties (top 25%) make $2,127 or more
- Best-in-class properties (top 10%) achieve $3,554+ monthly
- Entry-level properties (bottom 25%) typically earn around $385
Revenue Variations by Month
Occupancy Rates Throughout the Year in Bastimentos
The market in Bastimentos 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 25% occupancy rates
- Strong performing properties (top 25%) achieve 43% or higher
- Best-in-class properties (top 10%) reach 61%+occupancy
- Entry-level properties (bottom 25%) average around 12%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Bastimentos
Daily rates in Bastimentos 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 $123 per night
- Strong performing properties (top 25%) secure $193 or more
- Best-in-class properties (top 10%) pull in $342+ per night
- Entry-level properties (bottom 25%) earn around $60
Daily Rate Variations by Month
Get Live Bastimentos Market Intelligence 👇
Explore Real-time Analytics
Seasonality patterns in Bastimentos
Peak Season (March, February, April)
- Revenue peaks at $2374.20 per month
- Occupancy rates reach 43.93%
- Daily rates average $183.82
Shoulder Season
- Revenue averages $1575.00 per month
- Occupancy maintains 30.15%
- Daily rates hold at $167.96
Low Season (October, November, September)
- Revenue drops to $1200.90 per month
- Occupancy decreases to 23.47%
- Daily rates adjust to $147.98
Is it still profitable to do Airbnb in Bastimentos in 2025?
Yes! Bastimentos demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 30% and monthly revenue averaging $1575 and The market's 107 active listings indicate growing demand with plenty of opportunity for new properties. 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 (leaf-peepers, wine tourists, cultural festival attendees, solo travelers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Bastimentos
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Red Frog Beach | A stunning beach known for its white sand and crystal-clear waters. Ideal for tourists seeking relaxation and nature, making it a popular choice for vacation rentals. | Red Frog Beach, Red Frog Marina, nature trails, beach bars and restaurants |
| Bastimentos Town | The main village on Bastimentos Island offers a unique Caribbean charm with vibrant culture. This location attracts visitors looking for local experiences and easy access to amenities. | Bastimentos Town dock, local restaurants, community life, beach access |
| Wizard Beach | A beautiful and often quieter beach option, perfect for surf enthusiasts and those looking for a more relaxed beach experience away from the busier spots. | Wizard Beach, Surfing spots, beautiful sunsets, exploration trails |
| Lighthouse Beach | Renowned for its picturesque views and tranquility. Great for families and couples seeking a peaceful getaway, with opportunities for snorkeling and sunbathing. | Lighthouse Beach, snorkeling sites, tide pools, beachfront eateries |
| Dolphin Bay | A great spot for eco-tourism and adventure seekers, attracting guests interested in wildlife and marine activities, making it ideal for unique Airbnb experiences. | Dolphin watching, eco-tours, kayaking, snorkeling |
| Old Point Beach | An excellent location for those wanting to relax by the beach in a more secluded area while still being connected to local culture and amenities. | Old Point Beach, traditional fishing villages, local markets |
| Bird Island | Small and less developed, perfect for eco-conscious travelers seeking solitude and natural beauty, making it a hidden gem for Airbnb hosting. | birdwatching, natural reserves, pristine beaches |
| Hospital Point | Known for its stunning views and wildlife watching opportunities. This area attracts nature lovers and offers a serene atmosphere for guests. | breathtaking views, wildlife watching, hiking trails |
Do you need a license for Airbnb in Bastimentos?
We recommend checking directly with Bastimentos'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 Bastimentos
Private Villa at Red Frog Beach Resort
Entire Place • 3 bedrooms
Spacious, Over the Water Home with Plunge Pool
Entire Place • 4 bedrooms
5 bed/5 b Oceanfront paradise w/ pool and bfast!
Private Room • 5 bedrooms
Vladi’s Bungalow
Entire Place • 1 bedroom
Bay Of The Floating Palms - Beach Front Home
Entire Place • 3 bedrooms
Bocas Sunset Beach House
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Bastimentos
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Brett | 1 | $103,233 | 66 | 4.85/5.0 |
| Stacy | 4 | $100,338 | 324 | 4.84/5.0 |
| Daniel | 6 | $86,174 | 17 | 2.50/5.0 |
| Lala | 3 | $79,325 | 60 | 4.98/5.0 |
| Suyitza | 3 | $79,286 | 22 | 3.30/5.0 |
| Meghan | 3 | $78,632 | 103 | 4.98/5.0 |
| Cheryl | 5 | $75,241 | 313 | 4.92/5.0 |
| Denice | 1 | $62,099 | 108 | 4.81/5.0 |
| Michel | 5 | $51,980 | 82 | 4.74/5.0 |
| Sebastian | 5 | $49,747 | 38 | 3.83/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Bastimentos
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 (57.9%), with outdoor & mobile and house properties comprising 58.0% of inventory
- Strong specialty sector (53.3%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, unique stays segments (6.6% combined)
Room Capacity Distribution
Analysis of 107 properties in Bastimentos shows that 1 bedroom properties are most prevalent, making up 59.8% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 79.4% of all listings.
Key Insights
- Most common: 1 bedroom (59.8%)
- Least common: 5+ bedrooms (1.9%)
- Market concentration: 79.4% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 107 properties in Bastimentos reveals that 2 guests properties dominate the market, representing 50.5% of all listings. The average property accommodates 3.2 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 4 guests make up 66.4% of the market.
Key Insights
- Most common capacity: 2 guests (50.5% of market)
- Least common capacity: 5 guests (1.9% of market)
- Average guest capacity: 3.2 guests per property
- Market concentration: 66.4% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 107 properties in Bastimentos, the most common availability pattern is 271-366 days (62.6% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (34.6% of properties).
Key Insights
- Most common availability window: 271-366 days (62.6%)
- Most common booking duration: 31-90 days (34.6%)
- Properties with high availability (180+ days): 89.7%
- Properties with long-term bookings (180+ days): 12.1%
Minimum Stay Distributions
1 Night
47 listings
47.5% of total
2 Nights
31 listings
31.3% of total
3 Nights
18 listings
18.2% of total
30+ Nights
3 listings
3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 78.8%
- Mid-length stays (4-6 nights) represent 0% of listings
- Monthly+ stays (3%) suggest a stable extended-stay market
- High market flexibility with 97.0% 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
Super Strict 30 Days
4 listings
4.1% of total
Flexible
17 listings
17.5% of total
Moderate
38 listings
39.2% of total
Firm
21 listings
21.6% of total
Strict
17 listings
17.5% of total
Key Insights
- Moderate is the preferred policy at 39.2% of listings
- The market shows a balanced distribution between guest-friendly (56.7%) and strict (39.1%) policies
- Strong market consensus around Moderate policies
- Super Strict 30 Days policies are least common at 4.1% 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 Nov, Jan, May, averaging 62 days
- Shortest booking windows are in Sep, Aug, Oct, averaging 43 days
- Winter shows the longest average booking window at 55 days, while Summer has the shortest at 47 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 55 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during Sep-Oct when lead times are shortest
Popular Airbnb Amenities in Bastimentos
Below is the distribution of amenities across listings in Bastimentos:
Traveler Demographics
Key Insights
- Domestic travelers make up 2.8% of total guests, indicating a mostly international-driven market.
- Primary international markets: Germany (23.6%) and Canada (11.6%)
- English is the top language at 50.7%, followed by Spanish (20.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.0%
Recommendations
- Target marketing campaigns for Montreal and New York markets
- Develop localized content for Germany and Canada
- Prioritize English and Spanish 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 Bastimentos. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Savegre | 189 | $2,489 | $217.52 | 40% |
| Bahía Ballena | 1,259 | $2,188 | $204.73 | 40% |
| Las Lajas | 36 | $1,486 | $135.45 | 32% |
| Boca Chica | 26 | $1,438 | $129.33 | 36% |
| Cahuita | 1,997 | $1,365 | $132.14 | 38% |
| Puerto Cortés | 208 | $1,309 | $166.33 | 35% |
| Sixaola | 23 | $1,281 | $125.76 | 36% |
| Bocas del Toro | 448 | $1,242 | $149.21 | 35% |
| Puerto Jiménez | 289 | $1,230 | $152.41 | 32% |
| Jaramillo | 46 | $1,162 | $115.52 | 36% |
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