Airbnb Market Analytics, Statistics and Data in Cerro Colorado, Arequipa, Peru
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Cerro Colorado? 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 Cerro Colorado:
How much do Airbnb hosts make on average per month in Cerro Colorado?
The short-term rental market in Cerro Colorado 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 $500 per month
- Strong performing properties (top 25%) make $864 or more
- Best-in-class properties (top 10%) achieve $1,148+ monthly
- Entry-level properties (bottom 25%) typically earn around $212
Revenue Variations by Month
Occupancy Rates Throughout the Year in Cerro Colorado
The market in Cerro Colorado 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 29% occupancy rates
- Strong performing properties (top 25%) achieve 57% or higher
- Best-in-class properties (top 10%) reach 76%+occupancy
- Entry-level properties (bottom 25%) average around 14%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Cerro Colorado
Daily rates in Cerro Colorado 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 $34 per night
- Strong performing properties (top 25%) secure $44 or more
- Best-in-class properties (top 10%) pull in $58+ per night
- Entry-level properties (bottom 25%) earn around $26
Daily Rate Variations by Month
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Seasonality patterns in Cerro Colorado
Peak Season (February, April, June)
- Revenue peaks at $752.80 per month
- Occupancy rates reach 43.05%
- Daily rates average $48.86
Shoulder Season
- Revenue averages $573.79 per month
- Occupancy maintains 35.83%
- Daily rates hold at $43.69
Low Season (September, December, January)
- Revenue drops to $388.63 per month
- Occupancy decreases to 27.32%
- Daily rates adjust to $37.72
Is it still profitable to do Airbnb in Cerro Colorado in 2025?
Yes! Cerro Colorado demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 36% and monthly revenue averaging $574 and The market's 132 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 (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Cerro Colorado
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Miraflores | A popular district known for its beautiful parks, ocean views, and cultural attractions. It's a hotspot for tourists looking for a scenic and vibrant atmosphere with plenty of dining options. | Parque Kennedy, Malecón de Miraflores, Larcomar Mall, Huaca Pucllana, Parque Reducto |
| Cerro Colorado | An up-and-coming area with local charm that showcases Arequipa's culture and lifestyle. Ideal for travelers who want to experience authentic living in Arequipa. | Local markets, Cultural festivals, Nearby hiking areas, Traditional restaurants |
| Yanahuara | Famous for its stunning viewpoints over Arequipa and its traditional architecture. This neighborhood offers a more relaxed atmosphere with local galleries and artisan shops. | Yanahuara Viewpoint, Iglesia de Yanahuara, Artisan markets, Cayma District |
| Socabaya | A tranquil residential area with access to local attractions and natural landscapes. It’s a great place for families and those looking for a quieter stay, yet close to the city. | Local parks, Hiking trails, Arequipa Zoo |
| Cayma | Known for its beautiful architecture and spacious parks, Cayma offers a mix of urban convenience and natural beauty. It attracts families and tourists alike with its appeal. | Pueblo Libre Park, Plaza de Cayma, Local dining spots |
| Historical Center | Rich in history and culture, the Historical Center is a UNESCO World Heritage site with stunning colonial architecture and bustling streets. Perfect for travelers interested in culture and history. | Plaza de Armas, Santa Catalina Monastery, Arequipa Cathedral, Museo Santuarios Andinos |
| Sachuiza | A smaller, lesser-known area that provides a glimpse into local life. It’s ideal for travelers looking to escape the tourist crowds and immerse themselves in the community. | Local food markets, Traditional festivals, Cultural events |
| Tiabaya | A picturesque area on the outskirts known for its natural beauty and warm climate. Great for those who enjoy outdoor activities and a more relaxed pace. | Scenic viewpoints, Hiking opportunities, Local vineyards |
Do you need a license for Airbnb in Cerro Colorado?
We recommend checking directly with Cerro Colorado'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 Cerro Colorado
Modern and spacious duplex
Entire Place • 3 bedrooms
Lindo y Moderno apartment in Arequipa
Entire Place • 3 bedrooms
Precioso departamento Equipped - Garchera included
Entire Place • 3 bedrooms
Warm and cozy apartment in Arequipa
Entire Place • 3 bedrooms
Departamento Estreno Urb.Michell
Entire Place • 3 bedrooms
Apartment with garage and beautiful view of the Misti
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Cerro Colorado
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Luis Alberto | 7 | $32,874 | 110 | 3.36/5.0 |
| Yolanda | 4 | $28,072 | 97 | 4.92/5.0 |
| Rosa | 5 | $21,671 | 207 | 1.96/5.0 |
| Victor Andres | 2 | $19,471 | 75 | 4.87/5.0 |
| Arnaldo | 1 | $17,783 | 11 | 5.00/5.0 |
| Alex | 3 | $14,248 | 67 | 4.87/5.0 |
| Eduardo Agustin | 1 | $12,976 | 38 | 4.92/5.0 |
| Rodrigo | 2 | $12,659 | 35 | 4.83/5.0 |
| Luis | 1 | $12,615 | 65 | 4.95/5.0 |
| Shirley | 1 | $12,270 | 12 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Cerro Colorado
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 (83.3%), with apartment & condo and house properties comprising 93.2% of inventory
- Untapped potential in others segments (1.5% combined)
Room Capacity Distribution
Analysis of 132 properties in Cerro Colorado shows that 3 bedrooms properties are most prevalent, making up 42.4% of the market. The market tends to favor larger properties, with 3 bedrooms and 1 bedroom together representing 65.2% of all listings.
Key Insights
- Most common: 3 bedrooms (42.4%)
- Least common: 4 bedrooms (3%)
- Market concentration: 65.2% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 132 properties in Cerro Colorado reveals that 4 guests properties dominate the market, representing 25% of all listings. The average property accommodates 4.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 3 guests make up 39.4% of the market.
Key Insights
- Most common capacity: 4 guests (25% of market)
- Least common capacity: 1 guest (3% of market)
- Average guest capacity: 4.1 guests per property
- Market concentration: 39.4% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 132 properties in Cerro Colorado, the most common availability pattern is 271-366 days (63.6% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (33.3% of properties).
Key Insights
- Most common availability window: 271-366 days (63.6%)
- Most common booking duration: 1-30 days (33.3%)
- Properties with high availability (180+ days): 78.8%
- Properties with long-term bookings (180+ days): 21.2%
Minimum Stay Distributions
1 Night
55 listings
47.8% of total
2 Nights
39 listings
33.9% of total
3 Nights
17 listings
14.8% of total
4-6 Nights
2 listings
1.7% of total
30+ Nights
2 listings
1.7% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 81.7%
- Mid-length stays (4-6 nights) represent 1.7% of listings
- Monthly+ stays (1.7%) suggest a stable extended-stay market
- High market flexibility with 96.5% 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
47 listings
54.7% of total
Moderate
16 listings
18.6% of total
Firm
8 listings
9.3% of total
Strict
15 listings
17.4% of total
Key Insights
- Flexible is the preferred policy at 54.7% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 73.3% of the market
- Strong market consensus around Flexible policies
- Firm policies are least common at 9.3% of listings
Recommendations
- Consider starting with a Flexible policy to align with market preferences
- Strong market preference for Flexible 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 Mar, Jul, Nov, averaging 28 days
- Shortest booking windows are in May, Feb, Sep, averaging 14 days
- Spring shows the longest average booking window at 23 days, while Fall has the shortest at 18 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 23 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during May-Sep when lead times are shortest
Popular Airbnb Amenities in Cerro Colorado
Below is the distribution of amenities across listings in Cerro Colorado:
Traveler Demographics
Key Insights
- Domestic travelers make up 75.9% of total guests, indicating a dominant local market share.
- Primary international markets: United States (6.8%) and Chile (2.8%)
- Spanish is the top language at 55.4%, followed by English (33.3%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.2%
Recommendations
- Target marketing campaigns for Lima and Arequipa markets
- Develop localized content for United States and Chile
- Prioritize Spanish and English 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 Cerro Colorado. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Yanque | 24 | $718 | $191.94 | 18% |
| Mejía | 25 | $467 | $104.68 | 29% |
| Mollendo | 66 | $466 | $71.34 | 32% |
| Sachaca | 20 | $434 | $38.36 | 34% |
| Arequipa | 540 | $409 | $41.08 | 39% |
| Samuel Pastor | 55 | $376 | $114.47 | 27% |
| Cayma | 147 | $371 | $37.53 | 41% |
| José Luis Bustamante y Rivero | 98 | $341 | $34.41 | 37% |
| Yanahuara | 156 | $339 | $32.35 | 37% |
| Pacocha | 14 | $334 | $41.25 | 31% |
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