Airbnb Market Analytics, Statistics and Data in Geneva-On-The-Lake, Ohio, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Geneva-On-The-Lake? 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 Geneva-On-The-Lake:
How much do Airbnb hosts make on average per month in Geneva-On-The-Lake?
The short-term rental market in Geneva-On-The-Lake 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 $2,535 per month
- Strong performing properties (top 25%) make $4,355 or more
- Best-in-class properties (top 10%) achieve $6,253+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,475
Revenue Variations by Month
Occupancy Rates Throughout the Year in Geneva-On-The-Lake
The market in Geneva-On-The-Lake 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 33% occupancy rates
- Strong performing properties (top 25%) achieve 50% or higher
- Best-in-class properties (top 10%) reach 68%+occupancy
- Entry-level properties (bottom 25%) average around 21%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Geneva-On-The-Lake
Daily rates in Geneva-On-The-Lake 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 $203 per night
- Strong performing properties (top 25%) secure $283 or more
- Best-in-class properties (top 10%) pull in $362+ per night
- Entry-level properties (bottom 25%) earn around $158
Daily Rate Variations by Month
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Seasonality patterns in Geneva-On-The-Lake
Peak Season (July, June, August)
- Revenue peaks at $5275.84 per month
- Occupancy rates reach 62.80%
- Daily rates average $260.13
Shoulder Season
- Revenue averages $3205.37 per month
- Occupancy maintains 37.62%
- Daily rates hold at $233.78
Low Season (November, December, January)
- Revenue drops to $1711.32 per month
- Occupancy decreases to 24.18%
- Daily rates adjust to $211.80
Is it still profitable to do Airbnb in Geneva-On-The-Lake in 2025?
Yes! Geneva-On-The-Lake demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 38% and strong monthly revenue averaging $3205 and The market's 129 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 Geneva-On-The-Lake
Area | Why Choose This Area | Key Attractions |
---|---|---|
Geneva State Park | A beautiful natural area perfect for outdoor activities, attracting families and nature lovers. Ideal for Airbnb hosting with opportunities for hiking, fishing, and camping. | Geneva State Park Marina, North Shore Park, Lake Erie beaches, Hiking trails, Picnic areas |
Geneva-on-the-Lake Strip | The historic entertainment district known for its vibrant nightlife and dining options. A popular destination for tourists seeking fun and adventure by the lake. | Geneva-on-the-Lake Boardwalk, Local restaurants and bars, Live music venues, Mini-golf and arcades, Water sports activities |
Lake Erie Wine Country | A famous wine region attracting wine enthusiasts and tourists interested in vineyard tours and tastings. Great spot for hosting guests looking for a relaxed getaway. | Local wineries, Wine tasting tours, Vineyard landscapes, Wine festivals, Culinary events |
Old Firehouse Winery | A unique venue with a lively atmosphere that often hosts events and entertainment. Great for attracting visitors interested in wine and music. | Wine tastings, Live music events, Lakefront views, Brewery tours, Outdoor seating |
The Lodge at Geneva-on-the-Lake | A popular resort area offering luxurious accommodations and stunning views of Lake Erie. Excellent for hosting guests looking for a premium getaway experience. | Spa services, Fine dining, Waterfront activities, Fishing charters, Golf courses |
Ashtabula County | Nearby county known for its historic covered bridges and outdoor recreation. Attracts tourists looking for adventure and history, making it a strong investment area. | Covered Bridge tours, Lake Erie fishing, Hiking trails, Historical sites, Cultural events |
Geneva Township | A quieter area for those seeking a peaceful retreat while still being close to attractions. Aiming at families and individuals looking for tranquility. | Scenic landscapes, Parks and nature reserves, Local dining, Fishing spots, Walking trails |
Ravenswood Park | A local park that offers recreational facilities and a serene environment. Perfect for families and nature lovers looking for simple weekend getaways. | Pavilion and picnic areas, Walking trails, Playgrounds, Bike paths, Lake access |
Do you need a license for Airbnb in Geneva-On-The-Lake?
We recommend checking directly with Geneva-On-The-Lake'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 Geneva-On-The-Lake
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4 BDRM Lake Ranch Sleeps 10 in the Heart of GOTL
Entire Place • 4 bedrooms
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The Sunset Cottage - Lakefront with Private Beach
Entire Place • 3 bedrooms
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Charming home, 600 feet from the strip.
Entire Place • 3 bedrooms
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Lake Life
Entire Place • 3 bedrooms
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private lot, walk to strip 15min to spire instit
Entire Place • 3 bedrooms
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GOTL Family Cottage: kitchen, ctrl HVAC,14 guests
Entire Place • 5 bedrooms
Top Performing Professional Hosts in Geneva-On-The-Lake
Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
---|---|---|---|---|
Debbie | 10 | $337,123 | 465 | 4.40/5.0 |
Niko | 6 | $250,152 | 288 | 4.86/5.0 |
Rina | 4 | $195,700 | 252 | 4.88/5.0 |
Evolve | 6 | $155,514 | 152 | 3.88/5.0 |
Kelly | 5 | $150,484 | 105 | 4.90/5.0 |
April & Camri | 6 | $147,072 | 958 | 4.95/5.0 |
Steven | 5 | $111,745 | 126 | 4.89/5.0 |
Celinda | 2 | $107,059 | 118 | 4.94/5.0 |
Sarah | 3 | $91,485 | 243 | 4.98/5.0 |
Zachary | 3 | $90,281 | 354 | 4.70/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Geneva-On-The-Lake
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 (93.8%), with house and apartment & condo properties comprising 93.8% of inventory
- Untapped potential in boutique & hotels, others, outdoor & mobile segments (6.3% combined)
Room Capacity Distribution
Analysis of 129 properties in Geneva-On-The-Lake shows that 2 bedrooms properties are most prevalent, making up 42.6% of the market. The market tends to favor smaller properties, with 2 bedrooms and 3 bedrooms together representing 70.5% of all listings.
Key Insights
- Most common: 2 bedrooms (42.6%)
- Least common: 5+ bedrooms (3.1%)
- Market concentration: 70.5% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 129 properties in Geneva-On-The-Lake reveals that 6 guests properties dominate the market, representing 28.7% of all listings. The average property accommodates 5.7 guests, with a clear trend towards larger guest capacities. Properties accommodating 6 guests and 8+ guests make up 56.6% of the market.
Key Insights
- Most common capacity: 6 guests (28.7% of market)
- Least common capacity: 3 guests (0.8% of market)
- Average guest capacity: 5.7 guests per property
- Market concentration: 56.6% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 129 properties in Geneva-On-The-Lake, the most common availability pattern is 181-270 days (48.8% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (52.7% of properties).
Key Insights
- Most common availability window: 181-270 days (48.8%)
- Most common booking duration: 91-180 days (52.7%)
- Properties with high availability (180+ days): 78.3%
- Properties with long-term bookings (180+ days): 23.3%
Minimum Stay Distributions
1 Night
47 listings
37.6% of total
2 Nights
62 listings
49.6% of total
3 Nights
8 listings
6.4% of total
7-29 Nights
2 listings
1.6% of total
30+ Nights
6 listings
4.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 87.2%
- Mid-length stays (4-6 nights) represent 0% of listings
- Monthly+ stays (4.8%) suggest a stable extended-stay market
- High market flexibility with 93.6% 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
Flexible
11 listings
8.9% of total
Moderate
24 listings
19.4% of total
Firm
40 listings
32.3% of total
Strict
49 listings
39.5% of total
Key Insights
- Strict is the preferred policy at 39.5% of listings
- Stricter policies (Firm & Strict) dominate at 71.8% of the market
- Strong market consensus around Strict policies
- Flexible policies are least common at 8.9% of listings
Recommendations
- The market supports stricter policies, with 71.8% 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 Apr, Jul, Jun, averaging 106 days
- Shortest booking windows are in Dec, Oct, Jan, averaging 39 days
- Spring shows the longest average booking window at 92 days, while Winter has the shortest at 49 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 92 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 Geneva-On-The-Lake
Below is the distribution of amenities across listings in Geneva-On-The-Lake:
Traveler Demographics
Key Insights
- Domestic travelers make up 98.7% of total guests, indicating a dominant local market share.
- Primary international markets: DC (0.5%) and Canada (0.5%)
- English is the top language at 92.3%, followed by Spanish (4.4%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.1%
Recommendations
- Target marketing campaigns for Pittsburgh and Cleveland markets
- Develop localized content for DC and Canada
- 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 Geneva-On-The-Lake. These nearby markets offer diverse opportunities for property investors and hosts:
Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
---|---|---|---|---|
Peninsula | 15 | $4,799 | $306.64 | 52% |
Hudson | 12 | $4,340 | $264.64 | 61% |
Sewickley | 14 | $4,018 | $203.26 | 68% |
Sugarcreek | 56 | $3,918 | $211.30 | 50% |
Berlin | 74 | $3,864 | $224.63 | 51% |
North East Township | 33 | $3,856 | $266.39 | 49% |
Dover | 17 | $3,835 | $265.87 | 51% |
Chagrin Falls | 17 | $3,730 | $227.96 | 56% |
New Philadelphia | 38 | $3,678 | $266.30 | 46% |
Boston Township | 14 | $3,642 | $198.14 | 63% |
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