Airbnb Market Analytics, Statistics and Data in Chernivtsi, Chernivtsi Oblast, Ukraine
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Chernivtsi? 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 Chernivtsi:
How much do Airbnb hosts make on average per month in Chernivtsi?
The short-term rental market in Chernivtsi 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 $323 per month
- Strong performing properties (top 25%) make $625 or more
- Best-in-class properties (top 10%) achieve $938+ monthly
- Entry-level properties (bottom 25%) typically earn around $147
Revenue Variations by Month
Occupancy Rates Throughout the Year in Chernivtsi
The market in Chernivtsi shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 29% occupancy rates
- Strong performing properties (top 25%) achieve 50% or higher
- Best-in-class properties (top 10%) reach 70%+occupancy
- Entry-level properties (bottom 25%) average around 14%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Chernivtsi
Daily rates in Chernivtsi 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 $35 per night
- Strong performing properties (top 25%) secure $42 or more
- Best-in-class properties (top 10%) pull in $51+ per night
- Entry-level properties (bottom 25%) earn around $28
Daily Rate Variations by Month
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Seasonality patterns in Chernivtsi
Peak Season (May, April, October)
- Revenue peaks at $534.33 per month
- Occupancy rates reach 41.17%
- Daily rates average $38.88
Shoulder Season
- Revenue averages $425.76 per month
- Occupancy maintains 34.16%
- Daily rates hold at $36.79
Low Season (February, January, December)
- Revenue drops to $285.54 per month
- Occupancy decreases to 25.05%
- Daily rates adjust to $35.57
Is it still profitable to do Airbnb in Chernivtsi in 2025?
Yes! Chernivtsi demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 34% and monthly revenue averaging $426 and The market's 117 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 Chernivtsi
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| City Center | The vibrant heart of Chernivtsi, filled with historic architecture, cafes, and shops. A prime location for travelers seeking cultural experiences and easy access to public transportation. | Chernivtsi National University, Chernivtsi Regional Museum, Teatro, Central Square, St. Nicholas Church |
| Chernivtsi National University Area | Home to the UNESCO World Heritage site, this area attracts students, academics, and tourists alike, offering a rich cultural atmosphere and beautiful scenery. | Chernivtsi National University, The Residence of Bukovinian and Dalmatian Metropolitans, Botanical Garden |
| Knyazya Vasilka Street | A lively street popular among locals and tourists, filled with bars, restaurants, and shops. Great for those looking to enjoy Chernivtsi's nightlife and dining scene. | Food Markets, Cafes and Bars, Street Art |
| Shcuchynets | A quieter residential area that offers a relaxing environment while still being close to the city center. Ideal for longer stays and families visiting the city. | Parks, Local Restaurants, Family-friendly Activities |
| Maksymovych St. | A central street that features a mix of historical and modern architecture, with easy access to local attractions and public transport. Suitable for both business and leisure travelers. | Local Shops, Cafes, Public Transportation Access |
| Shevchenka Park | A beautiful green space in the city that attracts families and nature lovers. Great for those who enjoy outdoor activities while still being close to urban amenities. | Walking Paths, Picnic Areas, Local Events |
| Myrhorye | A local neighborhood known for its authentic Chernivtsi atmosphere and charm. Offers a unique experience for travelers wanting to explore beyond the tourist areas. | Local Markets, Traditional Food, Community Events |
| Olha Kobylianska Street | A street famous for its cultural vibrancy, hosting numerous events and activities. Attracts those interested in arts, music, and local culture. | Cultural Festivals, Art Galleries, Cafes and Restaurants |
Do you need a license for Airbnb in Chernivtsi?
We recommend checking directly with Chernivtsi'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 Chernivtsi
Prestige
Entire Place • 1 bedroom
Downtown apartment with a balcony
Entire Place • 1 bedroom
Simsimdoba apart-hotel on Kobylianska str.
Entire Place • 1 bedroom
Downtown apartment near the University
Entire Place • 3 bedrooms
Vodogray luxury apartments (Valencia)
Entire Place • 1 bedroom
Atlant luxury Big Family Apart on Golovna
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Chernivtsi
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Олександр | 9 | $50,110 | 120 | 4.99/5.0 |
| WilloxGroup | 17 | $46,168 | 88 | 2.54/5.0 |
| Anna | 12 | $33,035 | 184 | 1.59/5.0 |
| Наталія | 3 | $31,409 | 105 | 4.99/5.0 |
| Лилия | 4 | $20,512 | 364 | 4.99/5.0 |
| Олег | 5 | $16,530 | 92 | 4.86/5.0 |
| Виталий | 5 | $16,018 | 84 | 3.95/5.0 |
| Лілія | 5 | $13,176 | 88 | 4.67/5.0 |
| Oleksandr | 2 | $12,407 | 87 | 2.48/5.0 |
| Iryna | 5 | $11,675 | 46 | 2.93/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Chernivtsi
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 (94%), with apartment & condo and house properties comprising 94.0% of inventory
- Untapped potential in others segments (0.9% combined)
Room Capacity Distribution
Analysis of 117 properties in Chernivtsi shows that 1 bedroom properties are most prevalent, making up 71.8% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 93.2% of all listings.
Key Insights
- Most common: 1 bedroom (71.8%)
- Least common: 4 bedrooms (1.7%)
- Market concentration: 93.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 117 properties in Chernivtsi reveals that 4 guests properties dominate the market, representing 45.3% of all listings. The average property accommodates 3.8 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 65.0% of the market.
Key Insights
- Most common capacity: 4 guests (45.3% of market)
- Least common capacity: 8+ guests (2.6% of market)
- Average guest capacity: 3.8 guests per property
- Market concentration: 65.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 117 properties in Chernivtsi, the most common availability pattern is 271-366 days (60.7% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (35% of properties).
Key Insights
- Most common availability window: 271-366 days (60.7%)
- Most common booking duration: 91-180 days (35%)
- Properties with high availability (180+ days): 94.0%
- Properties with long-term bookings (180+ days): 7.7%
Minimum Stay Distributions
1 Night
77 listings
69.4% of total
2 Nights
27 listings
24.3% of total
3 Nights
5 listings
4.5% of total
4-6 Nights
1 listings
0.9% of total
30+ Nights
1 listings
0.9% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 93.7%
- Mid-length stays (4-6 nights) represent 0.9% of listings
- Monthly+ stays (0.9%) suggest a stable extended-stay market
- High market flexibility with 98.2% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Flexible
27 listings
31.8% of total
Moderate
33 listings
38.8% of total
Firm
9 listings
10.6% of total
Strict
16 listings
18.8% of total
Key Insights
- Moderate is the preferred policy at 38.8% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 70.6% of the market
- Strong market consensus around Moderate policies
- Firm policies are least common at 10.6% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Dec, Jan, Aug, averaging 17 days
- Shortest booking windows are in Sep, Oct, Nov, averaging 10 days
- Winter shows the longest average booking window at 16 days, while Fall has the shortest at 10 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 16 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Sep-Nov when lead times are shortest
Popular Airbnb Amenities in Chernivtsi
Every property in Chernivtsi comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 68.6% of total guests, indicating a significant local market share.
- Primary international markets: United States (6.6%) and Germany (3.9%)
- English is the top language at 37%, followed by Ukrainian (34.7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.9%
Recommendations
- Target marketing campaigns for Kyiv and Odesa markets
- Develop localized content for United States and Germany
- Prioritize English and Ukrainian 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 Chernivtsi. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Hangu | 16 | $1,574 | $198.44 | 34% |
| Șaru Dornei | 13 | $1,291 | $205.47 | 29% |
| Bistrița Bârgăului | 31 | $1,055 | $257.80 | 25% |
| Gura Humorului | 39 | $942 | $204.34 | 23% |
| Tiha Bârgăului | 11 | $940 | $191.78 | 23% |
| Vama | 13 | $896 | $146.06 | 29% |
| Suceava | 70 | $548 | $64.33 | 38% |
| Câmpulung Moldovenesc | 41 | $519 | $116.97 | 26% |
| Vatra Dornei | 15 | $491 | $155.92 | 21% |
| Vișeu de Sus | 28 | $489 | $90.39 | 27% |
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