What Are the Best Places to Invest in Airbnb in Philippines?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-06-02

The short-term rental market in Philippines spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Philippines across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Pasay, Metro Manila leads by market size with 4,714 active listings and $260/month revenue. Across all ranked markets, average occupancy is 26.7% with $413/month in average revenue and $77/night ADR. 100 of 100 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Explore Live Market Data

Top Airbnb Markets in Philippines by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Philippines attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Pasay, Metro Manila leads with 4,714 active short-term rental listings and $260/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Pasay, Metro Manila	4,714	$260	$42	31.4%	Low
2	Quezon City, Metro Manila	4,290	$262	$40	30.8%	Low
3	Cebu City, Central Visayas	3,932	$308	$40	34.6%	Low
4	Makati, Metro Manila	3,144	$346	$45	34.6%	Low
5	Baguio, Cordillera Administrative Region	2,904	$426	$75	28.8%	Low
6	Taguig, Metro Manila	2,532	$684	$69	38.1%	Low
7	Tagaytay, Cavite	2,121	$396	$79	22.7%	Low
8	Mandaluyong, Metro Manila	1,989	$262	$37	33.2%	Low
9	Parañaque, Metro Manila	1,694	$228	$50	27.6%	Low
10	Davao City, Davao Region	1,546	$286	$44	30.2%	Low
11	Manila, Metro Manila	1,304	$267	$42	30.7%	Low
12	Lapu-Lapu, Central Visayas	1,221	$389	$53	30.9%	Low
13	Iloilo City, Western Visayas	1,164	$223	$37	30.6%	Low
14	Pasig, Metro Manila	1,052	$267	$44	30.5%	Low
15	Angeles, Central Luzon	1,008	$482	$71	34.0%	Low
16	Cagayan de Oro, Northern Mindanao	930	$210	$38	27.7%	Low
17	General Luna, Surigao del Norte	854	$778	$86	35.9%	Low
18	Malay, Aklan	786	$848	$106	32.8%	Low
19	Bacolod, Western Visayas	717	$227	$39	28.6%	Low
20	San Fernando, Pampanga	692	$373	$69	23.6%	Low
21	San Juan, Ilocos Region	618	$644	$115	27.2%	Low
22	El Nido, Palawan	610	$1,304	$130	36.5%	Low
23	Nasugbu, Batangas	569	$682	$151	19.8%	Low
24	Panglao, Bohol	539	$530	$70	29.4%	Low
25	Lapu-Lapu City, Central Visayas	519	$254	$41	34.8%	Low
26	City of Davao, Davao Region	426	$144	$36	32.8%	Low
27	Puerto Princesa, Mimaropa	409	$288	$53	27.6%	Low
28	City of Taguig, Metro Manila	398	$399	$66	40.6%	Low
29	Silang, Cavite	338	$570	$122	23.1%	Low
30	Dumaguete, Negros Oriental	312	$274	$40	31.2%	Low
31	Calamba, Laguna	290	$874	$210	21.3%	Low
32	Mandaue, Central Visayas	289	$202	$36	31.3%	Low
33	Muntinlupa, Metro Manila	283	$279	$44	28.8%	Low
34	General Luna, Caraga	263	$666	$75	38.1%	Low
35	Antipolo, Rizal	256	$643	$119	24.9%	Low
36	Cainta, Rizal	238	$242	$46	27.4%	Low
37	Dauis, Bohol	237	$373	$56	32.6%	Low
38	Coron, Palawan	234	$655	$88	28.1%	Low
39	Olongapo, Central Luzon	231	$446	$72	28.0%	Low
40	Marilao, Bulacan	225	$155	$44	19.6%	Low
41	Puerto Galera, Oriental Mindoro	221	$366	$89	22.7%	Low
42	Mabalacat, Pampanga	212	$434	$81	28.3%	Low
43	Santa Rosa, Laguna	211	$249	$49	26.6%	Low
44	Alfonso, Cavite	209	$973	$200	19.9%	Low
45	Las Piñas, Metro Manila	206	$175	$39	26.4%	Low
46	Naga, Bicol Region	192	$183	$46	25.2%	Low
47	Urbiztondo, La Union	187	$549	$80	25.3%	Low
48	Makati, Kalakhang Maynila	185	$268	$43	35.2%	Low
49	Morong, Bataan	182	$830	$202	19.5%	Low
50	General Santos, Soccsksargen	182	$164	$41	25.9%	Low
51	Lipa, Batangas	181	$526	$99	23.9%	Low
52	Los Baños, Laguna	179	$1,143	$255	21.5%	Low
53	San Felipe, Zambales	164	$675	$140	22.0%	Low
54	Santa Fe, Cebu	161	$238	$43	25.7%	Low
55	Mandaue City, Central Visayas	150	$146	$31	36.2%	Low
56	2nd District, Metro Manila	142	$233	$39	29.6%	Low
57	Basdiot, Cebu	139	$618	$61	36.3%	Low
58	Legazpi, Albay	137	$240	$48	26.3%	Low
59	Amadeo, Cavite	137	$787	$160	21.0%	Low
60	Baler, Aurora	136	$187	$71	19.2%	Low
61	Bolinao, Pangasinan	128	$436	$116	17.9%	Low
62	Dasmariñas, Cavite	127	$244	$65	24.9%	Low
63	Imus, Cavite	124	$216	$54	25.9%	Low
64	Lian, Batangas	120	$1,508	$245	22.5%	Low
65	Mabini, Batangas	120	$669	$123	23.2%	Low
66	Laurel, Batangas	119	$372	$96	19.4%	Low
67	Talisay, Cebu	119	$548	$97	26.5%	Low
68	Moalboal, Central Visayas	119	$385	$50	31.4%	Low
69	Vigan, Ilocos Sur	114	$323	$71	20.1%	Low
70	Calatagan, Batangas	109	$835	$199	18.2%	Low
71	Tagbilaran, Bohol	109	$218	$43	26.0%	Low
72	Siquijor, Siquijor	108	$310	$45	33.6%	Low
73	Roxas, Palawan	107	$481	$72	27.6%	Low
74	Lucena, Calabarzon	103	$146	$46	20.8%	Low
75	Taytay, Rizal	103	$241	$58	25.7%	Low
76	Batangas City, Batangas	102	$568	$110	22.7%	Low
77	Butuan, Caraga	102	$161	$36	23.5%	Low
78	Oslob, Cebu	101	$258	$64	19.6%	Low
79	General Trias, Cavite	100	$258	$66	26.2%	Low
80	Sagada, Mountain Province	96	$200	$58	22.5%	Low
81	Tacloban, Eastern Visayas	93	$221	$40	25.4%	Low
82	Biñan, Laguna	92	$200	$54	25.0%	Low
83	Malolos, Bulacan	91	$321	$78	20.2%	Low
84	Alaminos, Pangasinan	91	$384	$90	19.9%	Low
85	Marikina, Metro Manila	88	$351	$51	34.1%	Low
86	Cavinti, Laguna	86	$359	$129	14.8%	Low
87	Bacoor, Cavite	83	$375	$78	27.2%	Low
88	Santa Maria, Bulacan	82	$394	$123	16.9%	Low
89	Trece Martires, Cavite	81	$220	$50	25.3%	Low
90	Mambajao, Camiguin	80	$331	$57	27.5%	Low
91	Samal, Davao del Norte	80	$608	$108	22.3%	Low
92	Metro Manila, Metro Manila	80	$176	$49	27.8%	Low
93	Daraga, Albay	77	$155	$48	18.6%	Low
94	San Juan, Metro Manila	77	$309	$54	27.6%	Low
95	Tanay, Rizal	75	$674	$148	19.0%	Low
96	San Francisco, Cebu	70	$182	$47	22.5%	Low
97	City of Puerto Princesa (Capital), Mimaropa	69	$140	$43	27.1%	Low
98	Binangonan, Rizal	68	$905	$138	27.8%	Low
99	Valenzuela, Metro Manila	67	$260	$49	26.7%	Low
100	Balanga, Bataan	66	$268	$60	23.8%	Low

Most Profitable Airbnb Markets in Philippines by Revenue

The most profitable Airbnb cities in Philippines are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Lian, Batangas leads with $1,508/month at $245 ADR and 22.5% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#	Market	Revenue/mo	Active Listings (TTM)	ADR	Occupancy	Regulation
1	Lian, Batangas	$1,508	120	$245	22.5%	Low
2	El Nido, Palawan	$1,304	610	$130	36.5%	Low
3	Los Baños, Laguna	$1,143	179	$255	21.5%	Low
4	Alfonso, Cavite	$973	209	$200	19.9%	Low
5	Binangonan, Rizal	$905	68	$138	27.8%	Low
6	Calamba, Laguna	$874	290	$210	21.3%	Low
7	Malay, Aklan	$848	786	$106	32.8%	Low
8	Calatagan, Batangas	$835	109	$199	18.2%	Low
9	Morong, Bataan	$830	182	$202	19.5%	Low
10	Amadeo, Cavite	$787	137	$160	21.0%	Low
11	General Luna, Surigao del Norte	$778	854	$86	35.9%	Low
12	Taguig, Metro Manila	$684	2,532	$69	38.1%	Low
13	Nasugbu, Batangas	$682	569	$151	19.8%	Low
14	San Felipe, Zambales	$675	164	$140	22.0%	Low
15	Tanay, Rizal	$674	75	$148	19.0%	Low
16	Mabini, Batangas	$669	120	$123	23.2%	Low
17	General Luna, Caraga	$666	263	$75	38.1%	Low
18	Coron, Palawan	$655	234	$88	28.1%	Low
19	San Juan, Ilocos Region	$644	618	$115	27.2%	Low
20	Antipolo, Rizal	$643	256	$119	24.9%	Low
21	Basdiot, Cebu	$618	139	$61	36.3%	Low
22	Samal, Davao del Norte	$608	80	$108	22.3%	Low
23	Silang, Cavite	$570	338	$122	23.1%	Low
24	Batangas City, Batangas	$568	102	$110	22.7%	Low
25	Urbiztondo, La Union	$549	187	$80	25.3%	Low
26	Talisay, Cebu	$548	119	$97	26.5%	Low
27	Panglao, Bohol	$530	539	$70	29.4%	Low
28	Lipa, Batangas	$526	181	$99	23.9%	Low
29	Angeles, Central Luzon	$482	1,008	$71	34.0%	Low
30	Roxas, Palawan	$481	107	$72	27.6%	Low
31	Olongapo, Central Luzon	$446	231	$72	28.0%	Low
32	Bolinao, Pangasinan	$436	128	$116	17.9%	Low
33	Mabalacat, Pampanga	$434	212	$81	28.3%	Low
34	Baguio, Cordillera Administrative Region	$426	2,904	$75	28.8%	Low
35	City of Taguig, Metro Manila	$399	398	$66	40.6%	Low
36	Tagaytay, Cavite	$396	2,121	$79	22.7%	Low
37	Santa Maria, Bulacan	$394	82	$123	16.9%	Low
38	Lapu-Lapu, Central Visayas	$389	1,221	$53	30.9%	Low
39	Moalboal, Central Visayas	$385	119	$50	31.4%	Low
40	Alaminos, Pangasinan	$384	91	$90	19.9%	Low
41	Bacoor, Cavite	$375	83	$78	27.2%	Low
42	Dauis, Bohol	$373	237	$56	32.6%	Low
43	San Fernando, Pampanga	$373	692	$69	23.6%	Low
44	Laurel, Batangas	$372	119	$96	19.4%	Low
45	Puerto Galera, Oriental Mindoro	$366	221	$89	22.7%	Low
46	Cavinti, Laguna	$359	86	$129	14.8%	Low
47	Marikina, Metro Manila	$351	88	$51	34.1%	Low
48	Makati, Metro Manila	$346	3,144	$45	34.6%	Low
49	Mambajao, Camiguin	$331	80	$57	27.5%	Low
50	Vigan, Ilocos Sur	$323	114	$71	20.1%	Low
51	Malolos, Bulacan	$321	91	$78	20.2%	Low
52	Siquijor, Siquijor	$310	108	$45	33.6%	Low
53	San Juan, Metro Manila	$309	77	$54	27.6%	Low
54	Cebu City, Central Visayas	$308	3,932	$40	34.6%	Low
55	Puerto Princesa, Mimaropa	$288	409	$53	27.6%	Low
56	Davao City, Davao Region	$286	1,546	$44	30.2%	Low
57	Muntinlupa, Metro Manila	$279	283	$44	28.8%	Low
58	Dumaguete, Negros Oriental	$274	312	$40	31.2%	Low
59	Makati, Kalakhang Maynila	$268	185	$43	35.2%	Low
60	Balanga, Bataan	$268	66	$60	23.8%	Low
61	Pasig, Metro Manila	$267	1,052	$44	30.5%	Low
62	Manila, Metro Manila	$267	1,304	$42	30.7%	Low
63	Mandaluyong, Metro Manila	$262	1,989	$37	33.2%	Low
64	Quezon City, Metro Manila	$262	4,290	$40	30.8%	Low
65	Pasay, Metro Manila	$260	4,714	$42	31.4%	Low
66	Valenzuela, Metro Manila	$260	67	$49	26.7%	Low
67	Oslob, Cebu	$258	101	$64	19.6%	Low
68	General Trias, Cavite	$258	100	$66	26.2%	Low
69	Lapu-Lapu City, Central Visayas	$254	519	$41	34.8%	Low
70	Santa Rosa, Laguna	$249	211	$49	26.6%	Low
71	Dasmariñas, Cavite	$244	127	$65	24.9%	Low
72	Cainta, Rizal	$242	238	$46	27.4%	Low
73	Taytay, Rizal	$241	103	$58	25.7%	Low
74	Legazpi, Albay	$240	137	$48	26.3%	Low
75	Santa Fe, Cebu	$238	161	$43	25.7%	Low
76	2nd District, Metro Manila	$233	142	$39	29.6%	Low
77	Parañaque, Metro Manila	$228	1,694	$50	27.6%	Low
78	Bacolod, Western Visayas	$227	717	$39	28.6%	Low
79	Iloilo City, Western Visayas	$223	1,164	$37	30.6%	Low
80	Tacloban, Eastern Visayas	$221	93	$40	25.4%	Low
81	Trece Martires, Cavite	$220	81	$50	25.3%	Low
82	Tagbilaran, Bohol	$218	109	$43	26.0%	Low
83	Imus, Cavite	$216	124	$54	25.9%	Low
84	Cagayan de Oro, Northern Mindanao	$210	930	$38	27.7%	Low
85	Mandaue, Central Visayas	$202	289	$36	31.3%	Low
86	Sagada, Mountain Province	$200	96	$58	22.5%	Low
87	Biñan, Laguna	$200	92	$54	25.0%	Low
88	Baler, Aurora	$187	136	$71	19.2%	Low
89	Naga, Bicol Region	$183	192	$46	25.2%	Low
90	San Francisco, Cebu	$182	70	$47	22.5%	Low
91	Metro Manila, Metro Manila	$176	80	$49	27.8%	Low
92	Las Piñas, Metro Manila	$175	206	$39	26.4%	Low
93	General Santos, Soccsksargen	$164	182	$41	25.9%	Low
94	Butuan, Caraga	$161	102	$36	23.5%	Low
95	Marilao, Bulacan	$155	225	$44	19.6%	Low
96	Daraga, Albay	$155	77	$48	18.6%	Low
97	Mandaue City, Central Visayas	$146	150	$31	36.2%	Low
98	Lucena, Calabarzon	$146	103	$46	20.8%	Low
99	City of Davao, Davao Region	$144	426	$36	32.8%	Low
100	City of Puerto Princesa (Capital), Mimaropa	$140	69	$43	27.1%	Low

Most Expensive Airbnb Markets in Philippines by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. Los Baños, Laguna commands the highest Airbnb nightly rate in Philippines at $255/night, generating $1,143/month at 21.5% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#	Market	ADR	Active Listings (TTM)	Revenue/mo	Occupancy	Regulation
1	Los Baños, Laguna	$255	179	$1,143	21.5%	Low
2	Lian, Batangas	$245	120	$1,508	22.5%	Low
3	Calamba, Laguna	$210	290	$874	21.3%	Low
4	Morong, Bataan	$202	182	$830	19.5%	Low
5	Alfonso, Cavite	$200	209	$973	19.9%	Low
6	Calatagan, Batangas	$199	109	$835	18.2%	Low
7	Amadeo, Cavite	$160	137	$787	21.0%	Low
8	Nasugbu, Batangas	$151	569	$682	19.8%	Low
9	Tanay, Rizal	$148	75	$674	19.0%	Low
10	San Felipe, Zambales	$140	164	$675	22.0%	Low
11	Binangonan, Rizal	$138	68	$905	27.8%	Low
12	El Nido, Palawan	$130	610	$1,304	36.5%	Low
13	Cavinti, Laguna	$129	86	$359	14.8%	Low
14	Santa Maria, Bulacan	$123	82	$394	16.9%	Low
15	Mabini, Batangas	$123	120	$669	23.2%	Low
16	Silang, Cavite	$122	338	$570	23.1%	Low
17	Antipolo, Rizal	$119	256	$643	24.9%	Low
18	Bolinao, Pangasinan	$116	128	$436	17.9%	Low
19	San Juan, Ilocos Region	$115	618	$644	27.2%	Low
20	Batangas City, Batangas	$110	102	$568	22.7%	Low
21	Samal, Davao del Norte	$108	80	$608	22.3%	Low
22	Malay, Aklan	$106	786	$848	32.8%	Low
23	Lipa, Batangas	$99	181	$526	23.9%	Low
24	Talisay, Cebu	$97	119	$548	26.5%	Low
25	Laurel, Batangas	$96	119	$372	19.4%	Low
26	Alaminos, Pangasinan	$90	91	$384	19.9%	Low
27	Puerto Galera, Oriental Mindoro	$89	221	$366	22.7%	Low
28	Coron, Palawan	$88	234	$655	28.1%	Low
29	General Luna, Surigao del Norte	$86	854	$778	35.9%	Low
30	Mabalacat, Pampanga	$81	212	$434	28.3%	Low
31	Urbiztondo, La Union	$80	187	$549	25.3%	Low
32	Tagaytay, Cavite	$79	2,121	$396	22.7%	Low
33	Bacoor, Cavite	$78	83	$375	27.2%	Low
34	Malolos, Bulacan	$78	91	$321	20.2%	Low
35	Baguio, Cordillera Administrative Region	$75	2,904	$426	28.8%	Low
36	General Luna, Caraga	$75	263	$666	38.1%	Low
37	Roxas, Palawan	$72	107	$481	27.6%	Low
38	Olongapo, Central Luzon	$72	231	$446	28.0%	Low
39	Vigan, Ilocos Sur	$71	114	$323	20.1%	Low
40	Baler, Aurora	$71	136	$187	19.2%	Low
41	Angeles, Central Luzon	$71	1,008	$482	34.0%	Low
42	Panglao, Bohol	$70	539	$530	29.4%	Low
43	San Fernando, Pampanga	$69	692	$373	23.6%	Low
44	Taguig, Metro Manila	$69	2,532	$684	38.1%	Low
45	City of Taguig, Metro Manila	$66	398	$399	40.6%	Low
46	General Trias, Cavite	$66	100	$258	26.2%	Low
47	Dasmariñas, Cavite	$65	127	$244	24.9%	Low
48	Oslob, Cebu	$64	101	$258	19.6%	Low
49	Basdiot, Cebu	$61	139	$618	36.3%	Low
50	Balanga, Bataan	$60	66	$268	23.8%	Low
51	Taytay, Rizal	$58	103	$241	25.7%	Low
52	Sagada, Mountain Province	$58	96	$200	22.5%	Low
53	Mambajao, Camiguin	$57	80	$331	27.5%	Low
54	Dauis, Bohol	$56	237	$373	32.6%	Low
55	Imus, Cavite	$54	124	$216	25.9%	Low
56	Biñan, Laguna	$54	92	$200	25.0%	Low
57	San Juan, Metro Manila	$54	77	$309	27.6%	Low
58	Puerto Princesa, Mimaropa	$53	409	$288	27.6%	Low
59	Lapu-Lapu, Central Visayas	$53	1,221	$389	30.9%	Low
60	Marikina, Metro Manila	$51	88	$351	34.1%	Low
61	Trece Martires, Cavite	$50	81	$220	25.3%	Low
62	Parañaque, Metro Manila	$50	1,694	$228	27.6%	Low
63	Moalboal, Central Visayas	$50	119	$385	31.4%	Low
64	Santa Rosa, Laguna	$49	211	$249	26.6%	Low
65	Metro Manila, Metro Manila	$49	80	$176	27.8%	Low
66	Valenzuela, Metro Manila	$49	67	$260	26.7%	Low
67	Legazpi, Albay	$48	137	$240	26.3%	Low
68	Daraga, Albay	$48	77	$155	18.6%	Low
69	San Francisco, Cebu	$47	70	$182	22.5%	Low
70	Cainta, Rizal	$46	238	$242	27.4%	Low
71	Naga, Bicol Region	$46	192	$183	25.2%	Low
72	Lucena, Calabarzon	$46	103	$146	20.8%	Low
73	Makati, Metro Manila	$45	3,144	$346	34.6%	Low
74	Siquijor, Siquijor	$45	108	$310	33.6%	Low
75	Muntinlupa, Metro Manila	$44	283	$279	28.8%	Low
76	Pasig, Metro Manila	$44	1,052	$267	30.5%	Low
77	Marilao, Bulacan	$44	225	$155	19.6%	Low
78	Davao City, Davao Region	$44	1,546	$286	30.2%	Low
79	Santa Fe, Cebu	$43	161	$238	25.7%	Low
80	Tagbilaran, Bohol	$43	109	$218	26.0%	Low
81	City of Puerto Princesa (Capital), Mimaropa	$43	69	$140	27.1%	Low
82	Makati, Kalakhang Maynila	$43	185	$268	35.2%	Low
83	Pasay, Metro Manila	$42	4,714	$260	31.4%	Low
84	Manila, Metro Manila	$42	1,304	$267	30.7%	Low
85	General Santos, Soccsksargen	$41	182	$164	25.9%	Low
86	Lapu-Lapu City, Central Visayas	$41	519	$254	34.8%	Low
87	Cebu City, Central Visayas	$40	3,932	$308	34.6%	Low
88	Quezon City, Metro Manila	$40	4,290	$262	30.8%	Low
89	Tacloban, Eastern Visayas	$40	93	$221	25.4%	Low
90	Dumaguete, Negros Oriental	$40	312	$274	31.2%	Low
91	Bacolod, Western Visayas	$39	717	$227	28.6%	Low
92	2nd District, Metro Manila	$39	142	$233	29.6%	Low
93	Las Piñas, Metro Manila	$39	206	$175	26.4%	Low
94	Cagayan de Oro, Northern Mindanao	$38	930	$210	27.7%	Low
95	Mandaluyong, Metro Manila	$37	1,989	$262	33.2%	Low
96	Iloilo City, Western Visayas	$37	1,164	$223	30.6%	Low
97	Butuan, Caraga	$36	102	$161	23.5%	Low
98	City of Davao, Davao Region	$36	426	$144	32.8%	Low
99	Mandaue, Central Visayas	$36	289	$202	31.3%	Low
100	Mandaue City, Central Visayas	$31	150	$146	36.2%	Low

Highest Occupancy Airbnb Markets in Philippines

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. City of Taguig, Metro Manila leads Philippines with 40.6% occupancy, $399/month revenue, and 398 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#	Market	Occupancy	Active Listings (TTM)	Revenue/mo	ADR	Regulation
1	City of Taguig, Metro Manila	40.6%	398	$399	$66	Low
2	Taguig, Metro Manila	38.1%	2,532	$684	$69	Low
3	El Nido, Palawan	36.5%	610	$1,304	$130	Low
4	General Luna, Surigao del Norte	35.9%	854	$778	$86	Low
5	Lapu-Lapu City, Central Visayas	34.8%	519	$254	$41	Low
6	Cebu City, Central Visayas	34.6%	3,932	$308	$40	Low
7	Makati, Metro Manila	34.6%	3,144	$346	$45	Low
8	Angeles, Central Luzon	34.0%	1,008	$482	$71	Low
9	Mandaluyong, Metro Manila	33.2%	1,989	$262	$37	Low
10	Malay, Aklan	32.8%	786	$848	$106	Low
11	City of Davao, Davao Region	32.8%	426	$144	$36	Low
12	Pasay, Metro Manila	31.4%	4,714	$260	$42	Low
13	Dumaguete, Negros Oriental	31.2%	312	$274	$40	Low
14	Lapu-Lapu, Central Visayas	30.9%	1,221	$389	$53	Low
15	Quezon City, Metro Manila	30.8%	4,290	$262	$40	Low
16	Manila, Metro Manila	30.7%	1,304	$267	$42	Low
17	Iloilo City, Western Visayas	30.6%	1,164	$223	$37	Low
18	Pasig, Metro Manila	30.5%	1,052	$267	$44	Low
19	Davao City, Davao Region	30.2%	1,546	$286	$44	Low
20	Panglao, Bohol	29.4%	539	$530	$70	Low
21	Baguio, Cordillera Administrative Region	28.8%	2,904	$426	$75	Low
22	Bacolod, Western Visayas	28.6%	717	$227	$39	Low
23	Cagayan de Oro, Northern Mindanao	27.7%	930	$210	$38	Low
24	Parañaque, Metro Manila	27.6%	1,694	$228	$50	Low
25	Puerto Princesa, Mimaropa	27.6%	409	$288	$53	Low
26	San Juan, Ilocos Region	27.2%	618	$644	$115	Low
27	San Fernando, Pampanga	23.6%	692	$373	$69	Low
28	Silang, Cavite	23.1%	338	$570	$122	Low
29	Tagaytay, Cavite	22.7%	2,121	$396	$79	Low
30	Nasugbu, Batangas	19.8%	569	$682	$151	Low

How to Choose an Airbnb Investment Market in Philippines

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Philippines tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Philippines

Understanding the regulatory environment is critical for any Airbnb investment in Philippines. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 100 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 0 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Philippines

This page ranks Airbnb markets in Philippines across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Philippines.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Philippines.
Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Philippines and projecting cash flow.
Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
Regulation: An indicator of the local regulatory climate in Philippines, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Philippines

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Philippines.

What are the best places to invest in Airbnb in Philippines?

Pasay, Metro Manila leads this ranking for Philippines with 4,714 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Philippines?

Lian, Batangas posts the highest average monthly revenue in this ranking at $1,508. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Philippines?

City of Taguig, Metro Manila has the highest occupancy rate in this comparison at 40.6%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Philippines?

Los Baños, Laguna commands the highest average daily rate at $255 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Philippines have the lowest regulation?

Pasay (Metro Manila), Quezon City (Metro Manila), Cebu City (Central Visayas) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Philippines in 2026?

The markets ranked here average 26.7% occupancy, and the top performer posts $1,508 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Philippines for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Philippines?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Philippines?

First-time investors in Philippines should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Philippines?

Across the markets ranked here, the average occupancy rate in Philippines is 26.7%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Philippines?

Regulation is one of the most overlooked risks in short-term rental investing. In Philippines, 100 of 100 ranked markets have low regulation, 0 have medium, and 0 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Philippines?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Philippines ranking has about 182 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Philippines?

Seasonal markets in Philippines experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-06-02. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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