Airbnb Market Analytics, Statistics and Data in Grace Bay, Caicos Islands, Turks & Caicos Islands
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Grace Bay? 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 Grace Bay:
How much do Airbnb hosts make on average per month in Grace Bay?
The short-term rental market in Grace Bay 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 $7,053 per month
- Strong performing properties (top 25%) make $10,613 or more
- Best-in-class properties (top 10%) achieve $15,828+ monthly
- Entry-level properties (bottom 25%) typically earn around $3,893
Revenue Variations by Month
Occupancy Rates Throughout the Year in Grace Bay
The market in Grace Bay 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 54% occupancy rates
- Strong performing properties (top 25%) achieve 76% or higher
- Best-in-class properties (top 10%) reach 88%+occupancy
- Entry-level properties (bottom 25%) average around 26%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Grace Bay
Daily rates in Grace Bay 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 $414 per night
- Strong performing properties (top 25%) secure $659 or more
- Best-in-class properties (top 10%) pull in $1,238+ per night
- Entry-level properties (bottom 25%) earn around $323
Daily Rate Variations by Month
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Seasonality patterns in Grace Bay
Peak Season (March, January, May)
- Revenue peaks at $10230.78 per month
- Occupancy rates reach 64.40%
- Daily rates average $711.77
Shoulder Season
- Revenue averages $8689.37 per month
- Occupancy maintains 51.72%
- Daily rates hold at $662.47
Low Season (August, October, September)
- Revenue drops to $5875.14 per month
- Occupancy decreases to 36.33%
- Daily rates adjust to $573.73
Is it still profitable to do Airbnb in Grace Bay in 2025?
Yes! Grace Bay demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 52% and strong monthly revenue averaging $8689 and The market's 174 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 (families on vacation, festival goers, adventure tourists, international visitors)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Grace Bay
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Grace Bay Beach | Famous for its stunning white sand beaches and crystal-clear waters, Grace Bay Beach attracts tourists looking for relaxation and luxury. It's a top destination for water sports, dining, and high-end accommodations. | Long Bay Beach, Coral Gardens, Snorkeling excursions, Smith's Reef, Provo Ponies, Chalk Sound |
| Leeward | A serene upscale neighborhood known for its luxury villas and proximity to beautiful beaches. Ideal for travelers looking for a peaceful retreat away from the hustle and bustle. | Leeward Beach, Blue Haven Resort, Kayaking in the cays, Restaurants with ocean views |
| Blue Hills | An authentic local area that offers a more relaxed vibe. Known for its local eateries and quieter beaches, it attracts guests who want to experience local culture. | Blue Hills Beach, Sunset Bar and Grill, Local seafood restaurants, Snorkeling spots |
| Turtle Cove | A charming marina area with access to various water sports and dining options. Popular with boaters and water enthusiasts. | Turtle Cove Marina, Sharkbite Bar & Grill, Diving and snorkeling, Deep sea fishing charters |
| Five Cays | A local neighborhood known for its lively atmosphere and local culture. It attracts visitors who want to experience authentic island life and local cuisine. | Five Cays Beach, Local fish fry, Water sports rentals, Cultural experiences |
| Grand Turk | A little further away, Grand Turk offers a different vibe with its historical sites and less commercialism, perfect for divers and culture lovers. | Grand Turk Lighthouse, National Museum, Snorkeling at Grand Turk Wall |
| North Caicos | A more remote and unspoiled part of the Turks and Caicos, perfect for eco-tourism and adventure travelers seeking to explore the natural beauty of the islands. | Mudjin Harbor, The Sandbar, Ole Town North Caicos |
| South Caicos | Known for its fishing villages and untouched beaches, South Caicos is increasingly becoming a hidden gem for tourists looking for an authentic Caribbean experience. | East Bay Beach, Da Conch Shack, Fishing expeditions, Kayaking and eco-tours |
Do you need a license for Airbnb in Grace Bay?
We recommend checking directly with Grace Bay'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 Grace Bay
Grace Bay, New 5 Bedroom Villa - Pure Water Villa
Entire Place • 5 bedrooms
Twin Villas at Caya, 6 bed 6.5 bath
Entire Place • N/A
Acua Cove Villa by Boutiq
Entire Place • 4 bedrooms
Luxury Beachfront Penthouse Grace Bay at Grandview
Entire Place • 3 bedrooms
Private Family Villa in Grace Bay w/pool + yard
Entire Place • 4 bedrooms
Anna's Villa
Entire Place • 5 bedrooms
Top Performing Professional Hosts in Grace Bay
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| SunnyDays | 8 | $806,618 | 160 | 4.71/5.0 |
| Claire | 6 | $712,812 | 73 | 4.95/5.0 |
| Leslie | 2 | $696,725 | 20 | 5.00/5.0 |
| 29098373 | 4 | $630,866 | 0 | 0.00/5.0 |
| Isle | 2 | $570,366 | 44 | 4.85/5.0 |
| Keno | 6 | $489,932 | 306 | 4.83/5.0 |
| Caroline | 2 | $433,850 | 23 | 4.97/5.0 |
| Coco Dreams | 4 | $410,454 | 337 | 4.93/5.0 |
| Heather | 2 | $363,807 | 159 | 4.97/5.0 |
| Shay | 6 | $295,664 | 128 | 4.71/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Grace Bay
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 (87.9%), with apartment & condo and house properties comprising 93.7% of inventory
- Untapped potential in others segments (1.1% combined)
Room Capacity Distribution
Analysis of 174 properties in Grace Bay shows that 2 bedrooms properties are most prevalent, making up 38.5% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 73.0% of all listings.
Key Insights
- Most common: 2 bedrooms (38.5%)
- Least common: 5+ bedrooms (2.9%)
- Market concentration: 73.0% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 174 properties in Grace Bay reveals that 4 guests properties dominate the market, representing 31% of all listings. The average property accommodates 4.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 52.9% of the market.
Key Insights
- Most common capacity: 4 guests (31% of market)
- Least common capacity: 7 guests (1.7% of market)
- Average guest capacity: 4.4 guests per property
- Market concentration: 52.9% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 174 properties in Grace Bay, the most common availability pattern is 91-180 days (32.8% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (35.1% of properties).
Key Insights
- Most common availability window: 91-180 days (32.8%)
- Most common booking duration: 181-270 days (35.1%)
- Properties with high availability (180+ days): 50.0%
- Properties with long-term bookings (180+ days): 54.0%
Minimum Stay Distributions
1 Night
11 listings
6.8% of total
2 Nights
17 listings
10.6% of total
3 Nights
56 listings
34.8% of total
4-6 Nights
52 listings
32.3% of total
7-29 Nights
5 listings
3.1% of total
30+ Nights
20 listings
12.4% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 17.4%
- Mid-length stays (4-6 nights) represent 32.3% of listings
- Monthly+ stays (12.4%) suggest a stable extended-stay market
- High market flexibility with 52.2% 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
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
3 listings
1.9% of total
Super Strict 60 Days
14 listings
9% of total
Flexible
11 listings
7.1% of total
Moderate
16 listings
10.3% of total
Firm
69 listings
44.2% of total
Strict
43 listings
27.6% of total
Key Insights
- Firm is the preferred policy at 44.2% of listings
- Stricter policies (Firm & Strict) dominate at 71.8% of the market
- Strong market consensus around Firm policies
- Super Strict 30 Days policies are least common at 1.9% of listings
Recommendations
- The market supports stricter policies, with 71.8% using Firm or Strict terms
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jan, Dec, Mar, averaging 102 days
- Shortest booking windows are in Oct, Sep, Aug, averaging 58 days
- Winter shows the longest average booking window at 97 days, while Fall has the shortest at 69 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 97 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Oct-Aug when lead times are shortest
Popular Airbnb Amenities in Grace Bay
Every property in Grace Bay comes standard with Air conditioning, and Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 0% of total guests, indicating a mostly international-driven market.
- Primary international markets: Canada (8%) and DC (2.1%)
- English is the top language at 75.9%, followed by Spanish (14.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 2.2%
Recommendations
- Target marketing campaigns for New York and Toronto markets
- Develop localized content for Canada and DC
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Grace Bay. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Providenciales | 404 | $9,270 | $830.91 | 47% |
| The Bight Settlement | 81 | $8,704 | $770.42 | 47% |
| Providenciales and West Caicos | 12 | $8,543 | $640.17 | 56% |
| Leeward Settlement | 92 | $7,826 | $835.72 | 45% |
| Caicos Islands | 40 | $7,648 | $800.80 | 39% |
| Long Bay Hills | 128 | $7,119 | $805.28 | 44% |
| Turtle Cove | 38 | $5,359 | $526.52 | 56% |
| Venetian Road Settlement | 45 | $5,156 | $475.28 | 44% |
| Wheeland | 22 | $4,517 | $395.83 | 46% |
| Whitby | 21 | $3,482 | $496.97 | 36% |
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