Airbnb Market Analytics, Statistics and Data in Penzance, England, United Kingdom
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Penzance? 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 Penzance:
How much do Airbnb hosts make on average per month in Penzance?
The short-term rental market in Penzance 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 $2,235 per month
- Strong performing properties (top 25%) make $3,614 or more
- Best-in-class properties (top 10%) achieve $5,600+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,269
Revenue Variations by Month
Occupancy Rates Throughout the Year in Penzance
The market in Penzance 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 45% occupancy rates
- Strong performing properties (top 25%) achieve 64% or higher
- Best-in-class properties (top 10%) reach 81%+occupancy
- Entry-level properties (bottom 25%) average around 25%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Penzance
Daily rates in Penzance 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 $159 per night
- Strong performing properties (top 25%) secure $224 or more
- Best-in-class properties (top 10%) pull in $324+ per night
- Entry-level properties (bottom 25%) earn around $111
Daily Rate Variations by Month
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Seasonality patterns in Penzance
Peak Season (August, July, June)
- Revenue peaks at $4761.39 per month
- Occupancy rates reach 71.06%
- Daily rates average $211.28
Shoulder Season
- Revenue averages $2874.02 per month
- Occupancy maintains 45.45%
- Daily rates hold at $190.40
Low Season (December, November, January)
- Revenue drops to $1391.85 per month
- Occupancy decreases to 27.37%
- Daily rates adjust to $172.36
Is it still profitable to do Airbnb in Penzance in 2025?
Yes! Penzance demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 45% and strong monthly revenue averaging $2874 and As a mature market with 546 active listings, there's strong demand despite the competition. 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 Penzance
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Newlyn | A charming fishing village with a vibrant art scene and proximity to Penzance. Ideal for travelers seeking local culture and stunning coastal views. | Newlyn Art Gallery, Fishermen's Quay, Penzance Promenade, Mousehole, Penlee House Gallery and Museum |
| Penzance Town Centre | The heart of Penzance, offering historical sites, shopping, and dining. A convenient location for tourists wanting to explore the town on foot. | The Egyptian House, Penzance Ferry Terminal, The Morrab Gardens, The Jubilee Pool, Penzance Harbour |
| Marazion | A picturesque seaside village known for its stunning beach and views of St. Michael's Mount. Popular with families and beachgoers. | St. Michael's Mount, Marazion Beach, Marazion Marsh, The Eden Project, Local cafes and shops |
| Mousehole | A quaint fishing village with narrow streets and a beautiful harbor, known for its charm and scenic beauty. Appeals to tourists seeking a peaceful retreat. | Mousehole Harbour, The Old Forge, The Mousehole Gallery, Local beaches, St. Clement's Church |
| Sennen Cove | Renowned for its beautiful sandy beach and surfing opportunities, Sennen Cove attracts adventure seekers and beach lovers. | Sennen Cove Beach, Land's End, Surfing schools, Coastal walks, The First and Last Inn |
| Lelant | A quiet village near St Ives, known for stunning landscapes and its proximity to beautiful beaches. Ideal for those seeking tranquility. | Hawkins Cove, The Hayle Estuary, Lelant Water, West Cornwall Golf Club, Local pubs and seafood restaurants |
| St Just | A historic mining town with rich culture and stunning landscapes nearby, popular with hikers and history enthusiasts. | Cape Cornwall, St Just Heritage Museum, Knight's Point, Local art galleries, Nearby hiking trails |
| Porthcurno | Famous for its beautiful beach and the Minack Theatre, Porthcurno is a great spot for visitors looking for scenic beauty and cultural experiences. | Minack Theatre, Porthcurno Beach, The Telegraph Museum, Coastal walks, The local cafe scene |
Do you need a license for Airbnb in Penzance?
We recommend checking directly with Penzance'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 Penzance
The Old Post Office - Mousehole
Entire Place • 2 bedrooms
Belmont
Entire Place • 4 bedrooms
The Blue House, Penzance
Entire Place • 3 bedrooms
The Haybarn - Hot tub/pet friendly
Entire Place • 4 bedrooms
Mill House - luxury house near beach, with parking
Entire Place • 3 bedrooms
Orchard Cottage
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Penzance
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Host My Home | 24 | $1,040,406 | 744 | 4.42/5.0 |
| Cornish Horizons | 24 | $890,943 | 115 | 2.84/5.0 |
| The Cornish Way Ltd | 11 | $474,319 | 337 | 4.91/5.0 |
| Cottages | 17 | $438,309 | 184 | 3.01/5.0 |
| Emma | 7 | $412,831 | 1044 | 4.95/5.0 |
| Luxury Coastal | 11 | $345,524 | 225 | 4.77/5.0 |
| Andrew | 1 | $242,435 | 6 | 4.83/5.0 |
| Jasmin | 6 | $214,691 | 912 | 4.86/5.0 |
| Hannah | 5 | $204,043 | 81 | 4.81/5.0 |
| Nini | 3 | $193,638 | 174 | 4.96/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Penzance
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 (85.2%), with house and apartment & condo properties comprising 86.3% of inventory
- Untapped potential in others, outdoor & mobile, unique stays segments (6.0% combined)
Room Capacity Distribution
Analysis of 546 properties in Penzance shows that 1 bedroom properties are most prevalent, making up 34.4% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 65.8% of all listings.
Key Insights
- Most common: 1 bedroom (34.4%)
- Least common: 5+ bedrooms (1.5%)
- Market concentration: 65.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 546 properties in Penzance reveals that 4 guests properties dominate the market, representing 30% of all listings. The average property accommodates 3.6 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 58.6% of the market.
Key Insights
- Most common capacity: 4 guests (30% of market)
- Least common capacity: 1 guest (0.7% of market)
- Average guest capacity: 3.6 guests per property
- Market concentration: 58.6% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 546 properties in Penzance, the most common availability pattern is 181-270 days (34.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (34.6% of properties).
Key Insights
- Most common availability window: 181-270 days (34.8%)
- Most common booking duration: 91-180 days (34.6%)
- Properties with high availability (180+ days): 67.9%
- Properties with long-term bookings (180+ days): 34.1%
Minimum Stay Distributions
1 Night
112 listings
22.9% of total
2 Nights
110 listings
22.4% of total
3 Nights
145 listings
29.6% of total
4-6 Nights
55 listings
11.2% of total
7-29 Nights
25 listings
5.1% of total
30+ Nights
43 listings
8.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 45.3%
- Mid-length stays (4-6 nights) represent 11.2% of listings
- Monthly+ stays (8.8%) suggest a stable extended-stay market
- High market flexibility with 74.9% 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
Refundable
1 listings
0.2% of total
Super Strict 60 Days
44 listings
8.9% of total
Super Strict 30 Days
1 listings
0.2% of total
Flexible
70 listings
14.2% of total
Moderate
119 listings
24.1% of total
Firm
120 listings
24.3% of total
Strict
139 listings
28.1% of total
Key Insights
- Strict is the preferred policy at 28.1% of listings
- The market shows a balanced distribution between guest-friendly (38.3%) and strict (52.4%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 0.2% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- 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, Jun, May, averaging 95 days
- Shortest booking windows are in Mar, Nov, Feb, averaging 51 days
- Summer shows the longest average booking window at 93 days, while Winter has the shortest at 58 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 93 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Feb when lead times are shortest
Popular Airbnb Amenities in Penzance
Below is the distribution of amenities across listings in Penzance:
Traveler Demographics
Key Insights
- Domestic travelers make up 74.9% of total guests, indicating a dominant local market share.
- Primary international markets: United States (6.4%) and Australia (4.2%)
- English is the top language at 67.3%, followed by French (11.4%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 8.3%
Recommendations
- Target marketing campaigns for England and London markets
- Develop localized content for United States and Australia
- Prioritize English and French 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 Penzance. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Angle | 13 | $5,199 | $406.98 | 43% |
| Trenance | 21 | $4,912 | $486.22 | 42% |
| Llanrhidian | 17 | $4,593 | $329.53 | 50% |
| Ludchurch | 18 | $4,551 | $301.63 | 41% |
| Redberth | 29 | $4,110 | $230.72 | 57% |
| Perranuthnoe | 21 | $3,855 | $379.66 | 38% |
| Higher Crackington | 18 | $3,541 | $324.01 | 38% |
| Llanboidy | 10 | $3,513 | $253.82 | 42% |
| Llangennith | 30 | $3,503 | $249.58 | 52% |
| St. John | 40 | $3,449 | $230.76 | 50% |
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