AirROI ranking · 202630 markets ranked

Best Places to Buy an Airbnb in the Philippines (2026)

Taguig is the best place to buy an Airbnb in the Philippines in 2026, according to AirROI's ranking of 30 markets. Its listings averaged $7,990 in revenue over the 12 months to September 2026 and were booked on 38% of nights. It leads on the blend rather than on any one measure, placing 2nd of 30 for occupancy, 5th of 30 for revenue per listing and 6th of 30 for market size. General Luna and Angeles come next.

Source: AirROI Reviewed by , Founder @ AirROI Updated

Markets tracked
273
Active Airbnb listings
62,000
Avg. revenue per listing
$4,680
Occupancy rate
31%
Avg. nightly rate
$61
Avg. revenue, top 10 markets
$6,690

The short answer

The Philippines Airbnb Market at a Glance

Across the Philippines, the 62,000 active Airbnb listings tracked by AirROI, a short-term-rental data firm, averaged $4,680 over the same period. They were booked on 31% of nights at about $61 a night; the ranking covers the 30 markets with at least 300 active listings. It was a softer year: revenue per listing slipped in 17 of the 24 ranked markets with a comparable year of data, by 3% in the typical one.

The ranking weighs revenue per listing most, then occupancy and market size, then how evenly income spreads across the year and how it changed on the year. It reflects rental performance, not purchase prices or local short-term rental rules. How the ranking works.

Where the top 10 Airbnb markets in the Philippines are

Each dot is one of the 273 markets AirROI tracks in the Philippines (3 outlying ones fall outside the map), sized by active listings and coloured by average revenue per listing. Select a number to jump to its profile.

Where the top 10 Airbnb markets in the Philippines areDot map of 270 Airbnb markets. Numbered pins mark the top-ranked markets: 1 Taguig, 2 General Luna, 3 Angeles, 4 Makati, 5 Cebu City, 6 El Nido, 7 Malay, 8 Lapu-Lapu, 9 Mandaluyong, 10 Pasay.10987654321© OpenStreetMap
Avg. revenueUnder $2.7k$2.7k–$3.7k$3.7k–$6.4k$6.4k+ Under 30 listings 1 Top-ranked market

All money figures on this page are in US dollars.

Top 10

The Top 10 Airbnb Markets in the Philippines

Each profile draws on the market's full AirROI report: how it earns, when in the year, who books and what sells. Monthly figures are averages per listing active in that month, so twelve of them add up to more than the annual average, which also counts listings that operated for only part of the year.

The top 10 Airbnb markets in the Philippines at a glance
#MarketAvg. revenueOccupancy
Taguig High occupancy · High earnings$7,99038%
General Luna High earnings · High occupancy$9,21037%
Angeles High occupancy · Year-round demand$5,87035%
4 Makati Large market · Year-round demand$4,13036%
5 Cebu City Year-round demand · Large market$3,59036%
6 El Nido High earnings · High occupancy$14,70039%
7 Malay High earnings · High occupancy$10,10034%
8 Lapu-Lapu Growing revenue · Year-round demand$4,85032%
9 Mandaluyong Year-round demand · Large market$3,22034%
10 Pasay Large market · Year-round demand$3,26033%

  1. 1. Taguig

    Known for: High occupancy · High earnings

    Top-earning Airbnb listing in Taguig, 5 bedrooms Top-earning Airbnb listing in Taguig, 4 bedrooms Top-earning Airbnb listing in Taguig, 4 bedrooms
    Top-earning Airbnb listings in Taguig
    Avg. revenue
    $7,990 0% vs. last year
    Occupancy
    38%
    Nightly rate
    $66
    Active listings
    2,330

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 5th of 30
    • Occupancy 2nd of 30
    • Market size 6th of 30
    • Year-round 17th of 30
    • Growth 7th of 24
    How it earns
    Taguig fills more nights than most of the Philippines: 38% of them, the second-highest occupancy of the 30 ranked markets, at about $66 a night. That adds up to $7,990 per listing over the year, the fifth-highest of the 30 ranked markets. A typical listing takes in about $704 a month; the top quarter clear $1,350 or more.
    When it earns
    Demand in Taguig holds up through the year: September, the slowest month, still brings in about two-thirds of December's revenue. Trips run long, about 6 nights on average against 5 nights for the typical market in the Philippines, booked about 27 days ahead.
    Who books
    Most guests come from abroad (59%), led by visitors from the United States, Australia and Canada.
    What sells
    The most common entire home has 1 bedroom (60% of entire homes), and apartments and condos make up 96% of supply.
    Who it suits
    It suits buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $704/mo
    Top 25% of listings
    $1,350+/mo
    Booked ahead
    27 days
    Average stay
    6 nights
    Guests from abroad
    59%
    Most common home size
    1 bedroom

    Areas in the full report: Bonifacio Global City (BGC) · Serendra · McKinley Hill

    Full Taguig Airbnb report

  2. 2. General Luna

    Known for: High earnings · High occupancy

    Top-earning Airbnb listing in General Luna, 4 bedrooms Top-earning Airbnb listing in General Luna, 3 bedrooms Top-earning Airbnb listing in General Luna, 4 bedrooms
    Top-earning Airbnb listings in General Luna
    Avg. revenue
    $9,210 −11% vs. last year
    Occupancy
    37%
    Nightly rate
    $85
    Active listings
    820

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 3rd of 30
    • Occupancy 3rd of 30
    • Market size 18th of 30
    • Year-round 10th of 30
    • Growth 21st of 24
    How it earns
    Listings in General Luna are booked on 37% of nights, the third-highest occupancy of the 30 ranked markets, at about $85 a night. Listings averaged $9,210 in revenue over the year, the third-highest of the 30 ranked markets. The gap between listings is wide: a typical one takes in about $590 a month, while the top quarter clear $1,300 and the top 10% $2,930, so pricing and presentation count for more here than in most of the Philippines. Revenue per listing fell 11% over the year even with rates 6% higher, as bookings softened. With 820 listings it is a small market, so its averages can move more from year to year.
    When it earns
    General Luna earns steadily through the year, from about $945 per listing in September to $1,350 in April. Guests book early, about 41 days ahead against roughly 23 for the typical market in the Philippines, and stay about 5 nights.
    Who books
    Most guests come from abroad (80%), led by visitors from the United States, Germany and France.
    What sells
    Private rooms are a large part of supply (48% of listings), which pulls the average nightly rate down.
    Who it suits
    Best for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $590/mo
    Top 25% of listings
    $1,300+/mo
    Booked ahead
    41 days
    Average stay
    5 nights
    Guests from abroad
    80%
    Most common home size
    1 bedroom

    Areas in the full report: Cloud 9 · General Luna Beach · Bamba Beach

    Full General Luna Airbnb report

  3. 3. Angeles

    Known for: High occupancy · Year-round demand

    Top-earning Airbnb listing in Angeles, 4 bedrooms Top-earning Airbnb listing in Angeles, 5 bedrooms Top-earning Airbnb listing in Angeles, 5 bedrooms
    Top-earning Airbnb listings in Angeles
    Avg. revenue
    $5,870 −1% vs. last year
    Occupancy
    35%
    Nightly rate
    $69
    Active listings
    1,060

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 9th of 30
    • Occupancy 7th of 30
    • Market size 14th of 30
    • Year-round 8th of 30
    • Growth 8th of 24
    How it earns
    Demand runs high in Angeles: 35% of nights booked, the seventh-highest occupancy of the 30 ranked markets, at about $69 a night. Average revenue per listing came to $5,870, the ninth-highest of the 30 ranked markets. In a typical month the median listing brings in about $558, and the best quarter clear $1,060.
    When it earns
    Demand in Angeles holds up through the year: September, the slowest month, still brings in about two-thirds of December's revenue.
    Who books
    Most guests come from abroad (57%), led by visitors from the United States, South Korea and Australia.
    What sells
    One-bedroom homes lead the market (33% of entire homes), and apartments and condos make up 59% of supply.
    Who it suits
    A good fit for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $558/mo
    Top 25% of listings
    $1,060+/mo
    Booked ahead
    25 days
    Average stay
    6 nights
    Guests from abroad
    57%
    Most common home size
    1 bedroom

    Areas in the full report: Balibago · Clark Freeport Zone · Anonas

    Full Angeles Airbnb report

  4. 4. Makati

    Known for: Large market · Year-round demand

    Top-earning Airbnb listing in Makati, 5 bedrooms Top-earning Airbnb listing in Makati, 3 bedrooms Top-earning Airbnb listing in Makati, 3 bedrooms
    Top-earning Airbnb listings in Makati
    Avg. revenue
    $4,130 −9% vs. last year
    Occupancy
    36%
    Nightly rate
    $43
    Active listings
    3,380

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 15th of 30
    • Occupancy 6th of 30
    • Market size 4th of 30
    • Year-round 4th of 30
    • Growth 18th of 24
    How it earns
    Makati earns on volume. Rates run below the Philippines average at about $43 a night, but listings book 36% of nights. Moderate rates keep revenue per listing at $4,130, 12% below the Philippines average. Its place at #4 rests on market size (4th of 30) and year-round demand (4th of 30) rather than on revenue per listing. Month to month, the median listing earns about $409 and a top-quarter listing $777 or more. Nightly rates rose 8%, but fewer booked nights left revenue per listing 9% lower on the year.
    When it earns
    Makati earns steadily through the year, from about $491 per listing in April to $666 in December.
    Who books
    Most guests come from abroad (54%), led by visitors from the United States, Australia and the United Kingdom.
    What sells
    The most common entire home has 1 bedroom (68% of entire homes), and apartments and condos make up 92% of supply.
    Who it suits
    It suits buyers who want income that holds up all year and would rather price for occupancy than for rate.

    Revenue per listing by month

    Median listing
    $409/mo
    Top 25% of listings
    $777+/mo
    Booked ahead
    20 days
    Average stay
    6 nights
    Guests from abroad
    54%
    Most common home size
    1 bedroom

    Areas in the full report: Makati Central Business District · Poblacion · Salcedo Village

    Full Makati Airbnb report

  5. 5. Cebu City

    Known for: Year-round demand · Large market

    Top-earning Airbnb listing in Cebu City, 5 bedrooms Top-earning Airbnb listing in Cebu City, 3 bedrooms Top-earning Airbnb listing in Cebu City, 4 bedrooms
    Top-earning Airbnb listings in Cebu City
    Avg. revenue
    $3,590 −13% vs. last year
    Occupancy
    36%
    Nightly rate
    $39
    Active listings
    4,350

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 17th of 30
    • Occupancy 5th of 30
    • Market size 3rd of 30
    • Year-round 2nd of 30
    • Growth 24th of 24
    How it earns
    Rates in Cebu City sit below the Philippines average, at about $39 a night, but listings are booked on 36% of nights. Moderate rates keep revenue per listing at $3,590, 23% below the Philippines average. Its place at #5 rests on year-round demand (2nd of 30) and market size (3rd of 30) rather than on revenue per listing. A typical listing takes in about $382 a month; the top quarter clear $692 or more. Revenue per listing fell 13% over the year, in a softer year across the Philippines.
    When it earns
    Income in Cebu City is unusually even: April, the slowest month, still brings in about 79% of July's revenue.
    Who books
    Most guests come from abroad (53%), led by visitors from the United States, Australia and Canada.
    What sells
    One-bedroom homes lead the market (48% of entire homes), and apartments and condos make up 89% of supply.
    Who it suits
    Best for buyers who want income that holds up all year and would rather price for occupancy than for rate.

    Revenue per listing by month

    Median listing
    $382/mo
    Top 25% of listings
    $692+/mo
    Booked ahead
    30 days
    Average stay
    6 nights
    Guests from abroad
    53%
    Most common home size
    1 bedroom

    Areas in the full report: Ayala Center · IT Park · Mactan Island

    Full Cebu City Airbnb report

  6. 6. El Nido

    Known for: High earnings · High occupancy

    Top-earning Airbnb listing in El Nido, 8 bedrooms Top-earning Airbnb listing in El Nido, 8 bedrooms Top-earning Airbnb listing in El Nido, 4 bedrooms
    Top-earning Airbnb listings in El Nido
    Avg. revenue
    $14,700 −5% vs. last year
    Occupancy
    39%
    Nightly rate
    $130
    Active listings
    753

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 1st of 30
    • Occupancy 1st of 30
    • Market size 23rd of 30
    • Year-round 27th of 30
    • Growth 15th of 24
    How it earns
    El Nido commands premium rates, about $130 a night, and still books 39% of nights, 8 points above the Philippines average. Average revenue per listing came to $14,700, the highest of the 30 ranked markets. The gap between listings is wide: a typical one takes in about $1,010 a month, while the top quarter clear $2,560 and the top 10% $5,170, so pricing and presentation count for more here than in most of the Philippines. Revenue per listing slipped 5% over the year even with rates 18% higher, as bookings softened. Its 753 listings make it one of the smaller ranked markets, so its figures are less settled than those of larger ones.
    When it earns
    El Nido's season runs from December to April, peaking in January at about $2,630 per listing; September, the quietest month, brings in about $1,350. Bookings arrive well in advance, about 44 days before check-in, so much of a season's calendar fills early; stays average 4 nights.
    Who books
    Most guests come from abroad (94%), led by visitors from the United States, France and Germany.
    What sells
    Private rooms are a large part of supply (55% of listings), which pulls the average nightly rate down.
    Who it suits
    A good fit for buyers who can furnish and price for a premium stay.

    Revenue per listing by month

    Median listing
    $1,010/mo
    Top 25% of listings
    $2,560+/mo
    Booked ahead
    44 days
    Average stay
    4 nights
    Guests from abroad
    94%
    Most common home size
    1 bedroom

    Areas in the full report: Nagkalit-Kalit Waterfalls · Small Lagoon · Big Lagoon

    Full El Nido Airbnb report

  7. 7. Malay

    Known for: High earnings · High occupancy

    Top-earning Airbnb listing in Malay, 12 bedrooms Top-earning Airbnb listing in Malay, 11 bedrooms Top-earning Airbnb listing in Malay, 5 bedrooms
    Top-earning Airbnb listings in Malay
    Avg. revenue
    $10,100 −4% vs. last year
    Occupancy
    34%
    Nightly rate
    $105
    Active listings
    903

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 2nd of 30
    • Occupancy 12th of 30
    • Market size 17th of 30
    • Year-round 21st of 30
    • Growth 13th of 24
    How it earns
    Malay earns on price and volume at once: guests pay about $105 a night, and listings are booked on 34% of nights, 3 points above the Philippines average. That adds up to $10,100 per listing over the year, the second-highest of the 30 ranked markets. In a typical month the median listing brings in about $625, and the best quarter clear $1,350.
    When it earns
    Malay earns steadily through the year, from about $1,000 per listing in September to $1,650 in December. Guests book early, about 46 days ahead against roughly 23 for the typical market in the Philippines, and stay about 5 nights.
    What sells
    Private rooms are a large part of supply (46% of listings), which pulls the average nightly rate down.
    Who books
    Most guests come from abroad (65%), led by visitors from the United States, the United Kingdom and Australia.
    Who it suits
    It suits buyers who can furnish and price for a premium stay and want income that holds up all year.

    Revenue per listing by month

    Median listing
    $625/mo
    Top 25% of listings
    $1,350+/mo
    Booked ahead
    46 days
    Average stay
    5 nights
    Guests from abroad
    65%
    Most common home size
    1 bedroom

    Areas in the full report: Puka Shell Beach · Bulabog Beach · White Beach

    Full Malay Airbnb report

  8. 8. Lapu-Lapu

    Known for: Growing revenue · Year-round demand

    Top-earning Airbnb listing in Lapu-Lapu, 5 bedrooms Top-earning Airbnb listing in Lapu-Lapu, 4 bedrooms Top-earning Airbnb listing in Lapu-Lapu, 5 bedrooms
    Top-earning Airbnb listings in Lapu-Lapu
    Avg. revenue
    $4,850 +7% vs. last year
    Occupancy
    32%
    Nightly rate
    $51
    Active listings
    1,060

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 12th of 30
    • Occupancy 14th of 30
    • Market size 14th of 30
    • Year-round 10th of 30
    • Growth 3rd of 24
    How it earns
    Lapu-Lapu listings charge about $51 a night, 16% below the Philippines average, and are booked on 32% of nights. Revenue per listing, $4,850, is close to the Philippines average. Month to month, the median listing earns about $345 and a top-quarter listing $718 or more. Revenue per listing rose 7% over the year, the third-biggest gain in the Philippines, helped by nightly rates 11% higher.
    When it earns
    Demand in Lapu-Lapu holds up through the year: September, the slowest month, still brings in about two-thirds of January's revenue. Bookings arrive well in advance, about 33 days before check-in, so much of a season's calendar fills early; stays average 6 nights.
    Who books
    Most guests come from abroad (68%), led by visitors from the United States, Australia and South Korea.
    What sells
    The most common entire home has 1 bedroom (58% of entire homes), and apartments and condos make up 81% of supply.
    Who it suits
    Best for buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $345/mo
    Top 25% of listings
    $718+/mo
    Booked ahead
    33 days
    Average stay
    6 nights
    Guests from abroad
    68%
    Most common home size
    1 bedroom

    Areas in the full report: Mactan Island · Cebu Yacht Club · Lapu-Lapu City

    Full Lapu-Lapu Airbnb report

  9. 9. Mandaluyong

    Known for: Year-round demand · Large market

    Top-earning Airbnb listing in Mandaluyong, 3 bedrooms Top-earning Airbnb listing in Mandaluyong, 2 bedrooms Top-earning Airbnb listing in Mandaluyong, 1 bedroom
    Top-earning Airbnb listings in Mandaluyong
    Avg. revenue
    $3,220 −2% vs. last year
    Occupancy
    34%
    Nightly rate
    $36
    Active listings
    2,070

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 22nd of 30
    • Occupancy 9th of 30
    • Market size 7th of 30
    • Year-round 4th of 30
    • Growth 9th of 24
    How it earns
    Mandaluyong earns on volume. Rates run below the Philippines average at about $36 a night, but listings book 34% of nights. Moderate rates keep revenue per listing at $3,220, 31% below the Philippines average. Its place at #9 rests on year-round demand (4th of 30) and market size (7th of 30) rather than on revenue per listing. A typical listing takes in about $345 a month; the top quarter clear $626 or more.
    When it earns
    Mandaluyong earns steadily through the year, from about $383 per listing in April to $515 in December. Guests book later than in most of the Philippines, about 16 days ahead against roughly 23 for the typical market in the Philippines, so pricing close to the date matters; stays average 6 nights.
    Who books
    More than a quarter of guests (27%) travel from abroad, most often from the United States and Australia.
    What sells
    One-bedroom homes lead the market (75% of entire homes), and apartments and condos make up 93% of supply.
    Who it suits
    A good fit for buyers who want income that holds up all year and would rather price for occupancy than for rate.

    Revenue per listing by month

    Median listing
    $345/mo
    Top 25% of listings
    $626+/mo
    Booked ahead
    16 days
    Average stay
    6 nights
    Guests from abroad
    27%
    Most common home size
    1 bedroom

    Areas in the full report: Ortigas Center · Shaw Boulevard · Wack-Wack

    Full Mandaluyong Airbnb report

  10. 10. Pasay

    Known for: Large market · Year-round demand

    Top-earning Airbnb listing in Pasay, 4 bedrooms Top-earning Airbnb listing in Pasay, 3 bedrooms Top-earning Airbnb listing in Pasay, 4 bedrooms
    Top-earning Airbnb listings in Pasay
    Avg. revenue
    $3,260
    Occupancy
    33%
    Nightly rate
    $41
    Active listings
    5,230

    Where it places among the 30 ranked markets in the Philippines

    • Revenue 21st of 30
    • Occupancy 13th of 30
    • Market size 1st of 30
    • Year-round 7th of 30
    • Growth No prior year
    How it earns
    Pasay is the Philippines' largest Airbnb market, with 5,230 active listings to price against. Moderate rates keep revenue per listing at $3,260, 30% below the Philippines average. Its place at #10 rests on market size (1st of 30) and year-round demand (7th of 30) rather than on revenue per listing. In a typical month the median listing brings in about $354, and the best quarter clear $656.
    When it earns
    Demand in Pasay holds up through the year: April, the slowest month, still brings in about three-quarters of December's revenue. Stays are shorter than in most of the Philippines, about 4 nights, so listings turn over often; guests book about 22 days ahead.
    What sells
    The most common entire home has 1 bedroom (84% of entire homes), and apartments and condos make up 90% of supply.
    Who books
    More than a third of guests (35%) travel from abroad, most often from the United States and Australia.
    Who it suits
    It suits buyers who want income that holds up all year.

    Revenue per listing by month

    Median listing
    $354/mo
    Top 25% of listings
    $656+/mo
    Booked ahead
    22 days
    Average stay
    4 nights
    Most common home size
    1 bedroom
    Superhosts
    45%

    Areas in the full report: Mall of Asia · Pasay City Proper · Baclaran

    Full Pasay Airbnb report

Full ranking

How All 30 Ranked Markets in the Philippines Compare

The overall ranking with the five measures behind it. "Slow month" is a market's weakest month of revenue as a share of its best, so a higher figure means steadier income. Select a column heading to re-sort.

Top Airbnb markets in the Philippines, ranked by AirROI
Taguig High occupancy, high earnings$7,99038%$6665%0%2,327
General Luna High earnings, high occupancy$9,20937%$8570%−11%820
Angeles High occupancy, year-round demand$5,87435%$6971%−1%1,062
4Makati Large market, year-round demand$4,12836%$4374%−9%3,381
5Cebu City Year-round demand, large market$3,59036%$3979%−13%4,346
6El Nido High earnings, high occupancy$14,68939%$13051%−5%753
7Malay High earnings, high occupancy$10,13934%$10761%−4%903
8Lapu-Lapu Growing revenue, year-round demand$4,85232%$5170%+7%1,062
9Mandaluyong Year-round demand, large market$3,21934%$3674%−2%2,069
10Pasay Large market, year-round demand$3,25733%$4172%–5,230
11Davao City Growing revenue, year-round demand$3,34831%$4276%+9%1,441
12Lapu-Lapu City High occupancy$3,64637%$4364%–808
13Panglao Growing revenue, high earnings$6,32031%$6861%+2%564
14Tagaytay Growing revenue, large market$4,86923%$7654%+6%1,628
15Manila Year-round demand, large market$3,20932%$4083%−7%1,349
16Quezon City Large market, year-round demand$3,15332%$3971%−5%4,538
17Baguio Large market, high earnings$5,01530%$7248%−13%3,229
18Dauis High occupancy$4,59935%$5562%–305
19Dumaguete Growing revenue, high occupancy$3,49634%$3868%+9%334
20San Juan High earnings$7,38729%$10354%–777
21Nasugbu High earnings$8,40821%$14953%−2%587
22Parañaque Large market, year-round demand$3,00129%$4970%−2%1,902
23Iloilo City Year-round demand, large market$2,66531%$3573%–1,329
24Pasig$3,20232%$4266%−9%1,142
25San Fernando$4,52125%$6758%−2%712

By measure

The Philippines Airbnb Markets Ranked by Revenue, Nightly Rate and Occupancy

The overall ranking balances five measures. These lists take one at a time, for buyers who care most about income, pricing power, bookings, a steady calendar, momentum or market size.

Highest-earning Airbnb markets in the Philippines

Average annual revenue per active listing over the past 12 months. Markets with at least 600 listings.

Highest-earning Airbnb markets in the Philippines
#MarketRevenue
El Nido #6 overall$14,700
Malay #7 overall$10,100
General Luna #2 overall$9,210
4Taguig #1 overall$7,990
5San Juan #20 overall$7,390
6Angeles #3 overall$5,870
7Baguio #17 overall$5,020
8Tagaytay #14 overall$4,870
9Lapu-Lapu #8 overall$4,850
10San Fernando #25 overall$4,520
11Makati #4 overall$4,130
12Lapu-Lapu City #12 overall$3,650
13Cebu City #5 overall$3,590
14Davao City #11 overall$3,350
15Pasay #10 overall$3,260
16Mandaluyong #9 overall$3,220
17Manila #15 overall$3,210
18Pasig #24 overall$3,200
19Quezon City #16 overall$3,150
20Parañaque #22 overall$3,000
21Bacolod #29 overall$2,810
22Iloilo City #23 overall$2,670
23Cagayan de Oro #27 overall$2,640
24City of Davao #30 overall$2,590

Most expensive Airbnb markets in the Philippines by nightly rate

Average rate per booked night. A high rate earns most where occupancy holds up too. Markets with at least 600 listings.

Most expensive Airbnb markets in the Philippines by nightly rate
#MarketNightly
El Nido #6 overall$130
Malay #7 overall$105
San Juan #20 overall$105
4General Luna #2 overall$85
5Tagaytay #14 overall$76
6Baguio #17 overall$72
7Angeles #3 overall$69
8San Fernando #25 overall$67
9Taguig #1 overall$66
10Lapu-Lapu #8 overall$51
11Parañaque #22 overall$49
12Makati #4 overall$43
13Lapu-Lapu City #12 overall$43
14Davao City #11 overall$42
15Pasig #24 overall$42
16Pasay #10 overall$41
17Manila #15 overall$40
18Quezon City #16 overall$39
19Cebu City #5 overall$39
20Bacolod #29 overall$38
21City of Davao #30 overall$38
22Mandaluyong #9 overall$36
23Cagayan de Oro #27 overall$36
24Iloilo City #23 overall$35

Highest-occupancy Airbnb markets in the Philippines

Share of available nights booked over the past 12 months. Markets with at least 600 listings.

Highest-occupancy Airbnb markets in the Philippines
#MarketOccupancy
El Nido #6 overall39%
Taguig #1 overall38%
General Luna #2 overall37%
4Lapu-Lapu City #12 overall37%
5Cebu City #5 overall36%
6Makati #4 overall36%
7Angeles #3 overall35%
8Mandaluyong #9 overall34%
9City of Davao #30 overall34%
10Malay #7 overall34%
11Pasay #10 overall33%
12Lapu-Lapu #8 overall32%
13Manila #15 overall32%
14Pasig #24 overall32%
15Quezon City #16 overall32%
16Iloilo City #23 overall31%
17Davao City #11 overall31%
18Baguio #17 overall30%
19Bacolod #29 overall30%
20Cagayan de Oro #27 overall29%
21Parañaque #22 overall29%
22San Juan #20 overall29%
23San Fernando #25 overall25%
24Tagaytay #14 overall23%

Most year-round Airbnb markets in the Philippines

Revenue in the slowest month as a share of the best month, so a higher figure means steadier income. Markets with at least 600 listings.

Most year-round Airbnb markets in the Philippines
#MarketSlow month
Manila #15 overall83%
Cebu City #5 overall79%
Davao City #11 overall76%
4Makati #4 overall74%
5Mandaluyong #9 overall74%
6Iloilo City #23 overall73%
7Pasay #10 overall72%
8Quezon City #16 overall71%
9Angeles #3 overall71%
10Parañaque #22 overall70%
11Lapu-Lapu #8 overall70%
12General Luna #2 overall70%
13Bacolod #29 overall70%
14Pasig #24 overall66%
15Cagayan de Oro #27 overall66%
16Taguig #1 overall65%
17Lapu-Lapu City #12 overall64%
18Malay #7 overall61%
19San Fernando #25 overall58%
20Tagaytay #14 overall54%
21San Juan #20 overall54%
22City of Davao #30 overall51%
23El Nido #6 overall51%
24Baguio #17 overall48%

Fastest-growing Airbnb markets in the Philippines

Change in revenue per listing from the year before, among markets where it rose. Markets with at least 600 listings.

Fastest-growing Airbnb markets in the Philippines
#MarketChange
Davao City #11 overall+9%
Lapu-Lapu #8 overall+7%
Tagaytay #14 overall+6%
4Cagayan de Oro #27 overall+2%

Largest Airbnb markets in the Philippines

Active listings. Bigger markets have more comparable rentals to price against and more buyers at resale.

Largest Airbnb markets in the Philippines
#MarketListings
Pasay #10 overall5,230
Quezon City #16 overall4,540
Cebu City #5 overall4,350
4Makati #4 overall3,380
5Baguio #17 overall3,230
6Taguig #1 overall2,330
7Mandaluyong #9 overall2,070
8Parañaque #22 overall1,900
9Tagaytay #14 overall1,630
10Davao City #11 overall1,440
11Manila #15 overall1,350
12Iloilo City #23 overall1,330
13Pasig #24 overall1,140
14Angeles #3 overall1,060
15Lapu-Lapu #8 overall1,060
16Cagayan de Oro #27 overall961
17Malay #7 overall903
18General Luna #2 overall820
19Lapu-Lapu City #12 overall808
20Bacolod #29 overall778
21City of Davao #30 overall778
22San Juan #20 overall777
23El Nido #6 overall753
24San Fernando #25 overall712
25Nasugbu #21 overall587

Regions

Best Regions for Airbnb in the Philippines

Palawan has the highest average revenue per listing of the larger regions in the Philippines, at $12,300. Aklan ($9,660) and Batangas ($8,810) follow. Metro Manila places the most markets in the national ranking: 8 of 30, four of them in the top ten.

Regions in the Philippines by average Airbnb revenue per listing
RegionAvg. revenueOccupancyTop-ranked market
Palawan$12,25435%El Nido #6
Aklan$9,66333%Malay #7
Batangas$8,81122%Nasugbu #21
Surigao del Norte$8,25235%General Luna #2
Laguna$7,53924%–
Ilocos Region$7,11228%San Juan #20
Rizal$6,22326%–
Pampanga$5,75926%San Fernando #25
Central Luzon$5,75534%Angeles #3
Cavite$5,67023%Tagaytay #14
Bohol$5,23331%Panglao #13
Cordillera Administrative Region$5,01630%Baguio #17
Cebu$4,57728%–
Calabarzon$4,48025%–
Metro Manila$3,91333%Taguig #1

Seasonality

When Airbnbs in the Philippines Earn the Most

December is the best month for more than half of ranked markets in the Philippines. September is the most common slowest month, in 17 markets.

December earns about 1.5 times what September does

Average revenue per listing across the 30 ranked markets in the Philippines, by month

Average Airbnb revenue per listing and the number of ranked markets that earn most in each month, in the Philippines
MonthAvg. revenue per listingBest month forHighest-ranked examples
January$6413 marketsEl Nido, Lapu-Lapu, Panglao
February$606––
March$609––
April$5881 marketGeneral Luna
May$6201 marketNasugbu
June$6251 marketIloilo City
July$6627 marketsCebu City, Davao City, Lapu-Lapu City
August$577––
September$516––
October$5641 marketBacolod
November$598––
December$75816 marketsTaguig, Angeles, Makati

Average revenue is per listing across the ranked markets, the line in the chart above. "Best month for" counts the ranked markets whose own revenue peaks in that month.

Management

Who Manages Airbnbs in the Philippines?

83 companies run 10 or more Airbnb listings in the Philippines, and companies run 5% of its listings. AirROI ranks the 92 largest by listings, guest rating and growth.

Method

How the Ranking Works

The ranking covers the 30 markets in the Philippines with at least 300 active Airbnb listings and data through September 2026. Each market is compared with the others on five measures, and markets are ordered by a weighted blend of where they place on each:

  • Revenue per listing (35%): average revenue an active listing earned over the past 12 months.
  • Occupancy (20%): share of available nights that were booked.
  • Market size (20%): active listings. Bigger markets offer more comparable rentals to price against and more buyers when you sell.
  • Year-round demand (15%): revenue in the slowest month as a share of the best month. The latest month is left out when its bookings look incomplete.
  • Growth (10%): change in revenue per listing from the year before. Markets whose boundaries changed between years are scored in the middle.

Left out: 65 markets whose data predate the latest refresh and 9 towns listed a second time under another spelling. The score measures how rentals perform. It does not include purchase prices, financing, operating costs or local short-term rental rules, which vary by address and should be checked before buying. Figures are in US dollars and match each market's own report; see the data methodology for how listings are tracked.

To check one property before buying, run its address and size through the Airbnb calculator for a revenue, occupancy and nightly-rate range from comparable listings.

FAQ

Frequently Asked Questions About Airbnb Investing in the Philippines

What is the best place to buy an Airbnb in the Philippines?

Taguig ranks first of the 30 markets in the Philippines in AirROI's ranking, with US$7,990 in average revenue per listing and 38% occupancy. General Luna and Angeles follow. The ranking weighs revenue, occupancy, market size, seasonality and growth; it leaves out purchase prices.

What are the most profitable Airbnb locations in the Philippines?

By revenue per listing, among markets with at least 600 listings, El Nido leads at US$14,700 a year, ahead of Malay at US$10,100. Profit also depends on what a property costs to buy and run, which varies far more between markets than revenue does.

How much does an Airbnb make in the Philippines?

The average active listing in the Philippines earned US$4,680 over the 12 months to September 2026, at 31% occupancy. Across the ranked markets, the middle half averaged between US$3,210 and US$5,870 per listing. Averages include listings that operated for only part of the year, so a listing rented all year typically earns more.

What is a good Airbnb occupancy rate in the Philippines?

The average listing in the Philippines was booked on 31% of available nights over the past 12 months. Half of the ranked markets fall between 29% and 34%, so a market above about 34% sits in the top quarter. Occupancy is only half the picture: a market with lower occupancy can still earn more if its nightly rates are higher.

Where is Airbnb demand highest in the Philippines?

Among ranked markets with at least 600 listings, El Nido has the highest occupancy, with 39% of available nights booked, followed by Taguig at 38%. Its listings average about US$130 a night and US$14,700 a year.

Where are Airbnb nightly rates highest in the Philippines?

Among ranked markets with at least 600 listings, El Nido has the highest average nightly rate, about US$130, followed by Malay at US$105. Iloilo City is the least expensive, at about US$35. The average booked night in the Philippines costs about US$61.

What is the best month for Airbnb in the Philippines?

December is the highest-earning month for 16 of the 30 ranked markets, followed by July (7). September is the most common slowest month, in 17 of the 30 markets. Each market's report shows its own month-by-month revenue, occupancy and rates.

Which Airbnb markets in the Philippines earn the most evenly through the year?

Among ranked markets with at least 600 listings, Manila has the steadiest income: its slowest month, April, still earns about 83% of its best. Cebu City follows, at 79%. Steadier markets are easier to budget for, though they do not always earn the most per listing.

Which Airbnb markets are growing fastest in the Philippines?

Among ranked markets with at least 600 listings, revenue per listing grew most in Davao City, up 9% on the year before, and in Lapu-Lapu, up 7%. A single strong year can reflect events or new supply, so it is worth checking a market's monthly trend before relying on it.

Is Airbnb still profitable in the Philippines in 2026?

Revenue per listing grew in 7 of the 24 ranked markets with a comparable year of data; in the typical market it fell 3%. Whether a given property profits depends on its purchase price, financing and running costs.

What are the best smaller Airbnb markets in the Philippines?

Among ranked markets with fewer than 1,000 active listings, General Luna (#2 overall, US$9,210 per listing), El Nido (#6, US$14,700) and Malay (#7, US$10,100) place highest. Smaller markets have fewer comparable rentals to price against, so their averages can move more from year to year.

How many Airbnb listings are there in the Philippines?

AirROI tracked 62,000 active Airbnb listings in the Philippines over the 12 months to September 2026, across 273 markets. The largest ranked market is Pasay, with 5,230 listings, followed by Quezon City with 4,540.

Which region is best for Airbnb in the Philippines?

By average revenue per listing, Palawan leads at US$12,300, followed by Aklan at US$9,660. Metro Manila places the most markets in the national ranking: 8 of 30, four of them in the top ten. Within any region, the market you choose matters as much as the region itself.

Directory

Airbnb Data by State and Region in the Philippines

Every state and region in the Philippines with AirROI Airbnb market data, A–Z. For markets across the continent, see the best places to buy an Airbnb in Asia.

A

B

C

D

E

I

L

M

N

O

P

Q

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