Airbnb Market Analytics, Statistics and Data in Petra, Balearic Islands, Spain
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Petra? 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 Petra:
How much do Airbnb hosts make on average per month in Petra?
The short-term rental market in Petra 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 $2,903 per month
- Strong performing properties (top 25%) make $5,227 or more
- Best-in-class properties (top 10%) achieve $9,736+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,574
Revenue Variations by Month
Occupancy Rates Throughout the Year in Petra
The market in Petra 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 41% occupancy rates
- Strong performing properties (top 25%) achieve 63% or higher
- Best-in-class properties (top 10%) reach 83%+occupancy
- Entry-level properties (bottom 25%) average around 23%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Petra
Daily rates in Petra 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 $265 per night
- Strong performing properties (top 25%) secure $474 or more
- Best-in-class properties (top 10%) pull in $1,265+ per night
- Entry-level properties (bottom 25%) earn around $168
Daily Rate Variations by Month
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Seasonality patterns in Petra
Peak Season (August, July, September)
- Revenue peaks at $9333.97 per month
- Occupancy rates reach 72.86%
- Daily rates average $608.64
Shoulder Season
- Revenue averages $4839.99 per month
- Occupancy maintains 43.65%
- Daily rates hold at $518.45
Low Season (December, February, January)
- Revenue drops to $2060.72 per month
- Occupancy decreases to 26.82%
- Daily rates adjust to $414.61
Is it still profitable to do Airbnb in Petra in 2025?
Yes! Petra demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 44% and strong monthly revenue averaging $4840 and The market's 125 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 Petra
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Palma de Mallorca | The vibrant capital of the Balearic Islands, known for its stunning architecture, beaches, and cultural attractions. A perfect hub for tourists looking to explore the island. | Cathedral of Santa Maria of Palma, Bellver Castle, Palma Old Town, Playa de Palma, Mercat de l'Olivar |
| Ibiza Town | Famous for its nightlife and beautiful beaches, Ibiza Town attracts a young, lively crowd and offers a mix of culture, dining, and entertainment. | Dalt Vila, Marina Botafoch, Playa d'en Bossa, Pacha Nightclub, Ibiza Castle |
| Sant Antoni de Portmany | Known for its sunset strip and vibrant nightlife, Sant Antoni is popular with party-goers as well as families looking for beach access and activities. | Café del Mar, Sunset Strip, Es Vedrà, Sant Antoni Beach, Ocean Beach Ibiza |
| Formentera | A tranquil paradise, Formentera offers stunning beaches and clear waters, attracting those looking for a more laid-back vacation experience. | Ses Illetes Beach, Playa de Migjorn, Cala Saona, Lighthouses of Formentera, Aquarium of Formentera |
| Alcúdia | Known for its beautiful beaches and historic old town, Alcúdia attracts families and history enthusiasts alike. A great base for exploring the northern beaches of Mallorca. | Alcúdia Old Town, Playa de Alcúdia, S'Albufera Natural Park, Roman Ruins of Pollentia, Hidropark |
| Pollensa | A charming town with rich history and stunning landscapes, Pollensa is perfect for those seeking a quieter stay with beautiful nature and culture. | Calvari Steps, Pollensa Market, Puerto Pollensa, La Gola Beach, Cape Formentor |
| Ciutadella | The historic capital of Menorca, known for its beautiful port and medieval architecture. Popular among travelers seeking culture and Mediterranean charm. | Ciutadella Cathedral, Castell de Sant Nicolau, Mahon Port, Cala Mitjana, Naveta d'Es Tudons |
| Marratxí | A quieter area close to Palma, ideal for those who want a more local experience while still being near the city and its attractions. | Finca Son Bordils, Cerveses de Mallorca, Iglesia de Sant Marçal, Local markets, Natural parks |
Do you need a license for Airbnb in Petra?
Most likely, Petra requires a license for Airbnb operations. With 38% of current listings showing licensing information, we recommend checking Petra's short-term rental regulations and starting the licensing process before listing your property.
Top Performing Airbnb Properties in Petra
Son Mieres (de Sa Font)
Entire Place • 4 bedrooms
Finca Son PuÇa
Entire Place • 4 bedrooms
Can Casta
Entire Place • 6 bedrooms
Son Pusseta
Entire Place • 2 bedrooms
Ses Covetes
Entire Place • 3 bedrooms
Agroturismo Son Sant Andreu
Entire Place • 13 bedrooms
Top Performing Professional Hosts in Petra
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Homerti | 6 | $1,156,820 | 33 | 3.89/5.0 |
| 65877288 | 11 | $380,405 | 302 | 4.48/5.0 |
| Holidu | 1 | $193,412 | 49 | 4.94/5.0 |
| Bernardo | 3 | $122,551 | 282 | 4.82/5.0 |
| Anna&Marga | 2 | $114,430 | 32 | 4.60/5.0 |
| Holidu | 1 | $104,965 | 9 | 4.44/5.0 |
| YourHouse | 8 | $101,569 | 30 | 1.06/5.0 |
| Bel Maria | 6 | $92,286 | 5 | 0.83/5.0 |
| Fincas | 3 | $86,864 | 3 | 1.67/5.0 |
| Marga | 2 | $85,432 | 371 | 4.97/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Petra
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 (84%), with house and outdoor & mobile properties comprising 82.4% of inventory
- Strong specialty sector (18.4%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
Room Capacity Distribution
Analysis of 125 properties in Petra shows that 1 bedroom properties are most prevalent, making up 24.8% of the market. The market tends to favor larger properties, with 1 bedroom and 2 bedrooms together representing 48.0% of all listings.
Key Insights
- Most common: 1 bedroom (24.8%)
- Least common: 3 bedrooms (15.2%)
- Market concentration: 48.0% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 125 properties in Petra reveals that 8+ guests properties dominate the market, representing 34.4% of all listings. The average property accommodates 5.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 4 guests make up 56.0% of the market.
Key Insights
- Most common capacity: 8+ guests (34.4% of market)
- Least common capacity: 3 guests (4% of market)
- Average guest capacity: 5.2 guests per property
- Market concentration: 56.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 125 properties in Petra, the most common availability pattern is 271-366 days (53.6% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (32.8% of properties).
Key Insights
- Most common availability window: 271-366 days (53.6%)
- Most common booking duration: 1-30 days (32.8%)
- Properties with high availability (180+ days): 86.4%
- Properties with long-term bookings (180+ days): 15.2%
Minimum Stay Distributions
1 Night
28 listings
31.5% of total
2 Nights
1 listings
1.1% of total
3 Nights
8 listings
9% of total
4-6 Nights
37 listings
41.6% of total
7-29 Nights
12 listings
13.5% of total
30+ Nights
3 listings
3.4% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 32.6%
- Mid-length stays (4-6 nights) represent 41.6% of listings
- Monthly+ stays (3.4%) suggest a stable extended-stay market
- High market flexibility with 41.6% 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
1 listings
1.1% of total
Super Strict 60 Days
3 listings
3.4% of total
Flexible
10 listings
11.4% of total
Moderate
17 listings
19.3% of total
Firm
23 listings
26.1% of total
Strict
34 listings
38.6% of total
Key Insights
- Strict is the preferred policy at 38.6% of listings
- Stricter policies (Firm & Strict) dominate at 64.7% of the market
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 1.1% of listings
Recommendations
- The market supports stricter policies, with 64.7% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, May, Aug, averaging 127 days
- Shortest booking windows are in Dec, Nov, Jan, averaging 75 days
- Summer shows the longest average booking window at 126 days, while Winter has the shortest at 81 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 126 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Jan when lead times are shortest
Popular Airbnb Amenities in Petra
Every property in Petra comes standard with TV, Kitchen, and Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 10.1% of total guests, indicating a mostly international-driven market.
- Primary international markets: France (20.6%) and United Kingdom (15.6%)
- English is the top language at 44.8%, followed by German (22.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.1%
Recommendations
- Target marketing campaigns for Berlin and Hamburg markets
- Develop localized content for France and United Kingdom
- Prioritize English and German 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 Petra. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Algaida | 85 | $7,608 | $743.89 | 47% |
| Mancor de la Vall | 39 | $6,458 | $680.07 | 52% |
| Andratx | 176 | $6,167 | $727.68 | 49% |
| ses Illetes | 25 | $5,881 | $614.52 | 51% |
| Badia Blava | 37 | $5,731 | $794.06 | 49% |
| Deià | 68 | $5,632 | $748.83 | 49% |
| Marratxí | 82 | $5,539 | $665.74 | 44% |
| Fornalutx | 89 | $5,433 | $490.62 | 53% |
| Valldemossa | 76 | $5,302 | $361.82 | 60% |
| Montuïri | 43 | $5,299 | $555.89 | 51% |
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