Airbnb market data · 202512 months to April 2025
Thimphu, Bhutan Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Thimphu brought in BTN 277,877 over the 12 months through April 2025, across just 20 active listings, so a single property can move that figure.
AirROI's latest figures for Thimphu run through April 2025.
The short answer
Thimphu Airbnb Market at a Glance
Listings averaged BTN 7,092 a night and were booked on 21% of available nights.
Timing matters: in August, the best month, the average listing earned about 4.3 times as much as in April, the slowest. With only 20 active listings, a few bookings can reorder the months.
AirROI tracked 20 active listings in Thimphu.
Browse the live Thimphu Airbnb market See Every Thimphu ListingRevenue
How Much Do Airbnb Hosts Make in Thimphu?
Gross bookings per Thimphu listing averaged BTN 277,877 over the 12 months to April 2025, before cleaning, platform and management costs and taxes.
The average Thimphu listing brought in BTN 94,500 in August, its best month, and BTN 22,200 in April, its slowest. The three strongest months bring in 36% of a full year's revenue, where an even calendar would give any three months 25%.
Across Thimphu's 20 active listings, monthly revenue by tier:
- Best-in-class properties (top 10%) earn BTN 113,000+ a month, about twice the typical property.
- Strong performers (top 25%) earn BTN 89,700 or more, roughly BTN 35,000 a month above the median.
- Typical properties (median) earn about BTN 55,000 a month.
- Entry-level properties (bottom 25%) earn BTN 33,500 or less, about 61% of the median.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
August earned about 4.3 times what April did
Average revenue per active listing, by month
The dashed line is the average of the months shown, BTN 64,400.
Thimphu Airbnb Data by Month
Latest 12 months in the April 2025 data.
August led on revenue. Nightly rates peaked in April and bookings in June, so the best-paying month is not always the busiest or the priciest.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | Booking Lead Time |
|---|---|---|---|---|
| May 2024 | BTN 89,107 | 23.2% | BTN 5,314 | 109 days |
| Jun 2024 | BTN 79,891 | 81.2% | BTN 5,352 | 11 days |
| Jul 2024 | BTN 77,664 | 40.0% | BTN 5,440 | 8 days |
| Aug 2024 | BTN 94,547 | 27.4% | BTN 5,410 | 73 days |
| Sep 2024 | BTN 94,386 | 26.7% | BTN 5,386 | 156 days |
| Oct 2024 | BTN 90,574 | 33.6% | BTN 5,391 | 34 days |
| Nov 2024 | BTN 90,692 | 17.9% | BTN 5,363 | 49 days |
| Dec 2024 | BTN 32,901 | 15.8% | BTN 5,888 | 11 days |
| Jan 2025 | BTN 48,502 | 19.4% | BTN 5,814 | 40 days |
| Feb 2025 | BTN 29,255 | 18.4% | BTN 5,932 | 6 days |
| Mar 2025 | BTN 23,108 | 5.4% | BTN 6,327 | 48 days |
| Apr 2025 | BTN 22,243 | 13.3% | BTN 6,347 | 14 days |
Averages per active listing in each month. Highlighted: the highest-revenue month. Booking lead time is the days between booking and check-in for stays in that month.
For a figure on one home rather than the whole Thimphu market, enter its address and size in the free Airbnb calculator, which compares it with similar listings nearby.
Profit
Is an Airbnb in Thimphu Profitable?
Yes, as extra income from a home or room you already have. The average Thimphu Airbnb took in BTN 277,877 in the 12 months to April 2025, counting listings open only part of the year, and a listing in the top quarter, run by its owner at everyday costs, keeps about BTN 27,800 a month after running costs.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any building or condo fees.
Thimphu Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Gross bookings | BTN 277,877 | BTN 453,600 |
| Running costs | ||
| Airbnb's fee15.5% of bookings, Airbnb's standard host-only fee | −BTN 43,100 | −BTN 70,300 |
| Utilities and internetAbout 5% of bookings | −BTN 13,900 | −BTN 22,700 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −BTN 5,600 | −BTN 9,100 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −BTN 8,300 | −BTN 13,600 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −BTN 2,800 | −BTN 2,800 |
| Permit and registrationWhere one is required | −BTN 1,400 | −BTN 1,400 |
| ManagementBTN 0 when you run it; co-hosts charge from about 10% of nightly bookings | BTN 0 | BTN 0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | BTN 0 | BTN 0 |
| Lodging taxesAdded to the guest's bill and passed on | BTN 0 | BTN 0 |
| Total running costsAbout 27% of bookings | −BTN 75,100 | −BTN 119,900 |
| Left for housing costs, then profit | BTN 202,777about BTN 16,900 a month | BTN 333,700about BTN 27,800 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Thimphu Airbnb Profit
The estimate starts from Thimphu's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Thimphu home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.
How Thimphu's Top Earners Get There
- More nights booked. The busiest quarter of Thimphu listings are booked on 38% or more of their nights, against 23% for the median listing. Ten more booked nights a year at the median rate of BTN 4,115 adds about BTN 41,100 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge BTN 6,465 a night or more, against a median of BTN 4,115. That is a separate ranking from the busiest quarter, so the two marks don't multiply into one listing's takings. For the average listing, a 10% higher rate on the nights it already books adds about BTN 27,800 a year.
- Open for the busy months. August brought the average listing about BTN 94,500, against BTN 22,200 in April, so a calendar that is open and full in the busy months carries the year.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about BTN 37,800 a month, against BTN 23,200 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Thimphu?
Thimphu listings were booked on 21% of the nights they were open over the past year. Occupancy swings from 5% in March to 81% in June.
Across Thimphu's 20 active listings, the share of open nights booked by tier:
- Best-in-class properties (top 10%) are booked 47%+ of open nights, 24 points above the median.
- Strong performers (top 25%) fill 38% or more, roughly two and a half nights a week.
- Typical properties (median) fill about 23% of open nights.
- Entry-level properties (bottom 25%) fill 19% or less, under two nights a week.
June was the busiest month in Thimphu, March the quietest
Share of open nights booked, by month
The 12-month rate of 21% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
How Much Does an Airbnb Cost per Night in Thimphu?
The average nightly rate in Thimphu, known as ADR (average daily rate), was BTN 7,092 over the past year. Averaged month by month, rates peak in March and April at about BTN 6,345 and bottom out in May and June at about BTN 5,315.
Across Thimphu's 20 active listings, nightly rates by tier:
- Best-in-class properties (top 10%) charge BTN 10,800+ a night, about 2.6 times the median.
- Strong performers (top 25%) charge BTN 6,465 or more, about BTN 2,400 above the median.
- Typical properties (median) charge about BTN 4,115 a night.
- Entry-level properties (bottom 25%) charge BTN 2,890 or less, about two-thirds of the median.
April rates ran 19% above May's
Average nightly rate (ADR), by month
The dashed line is the average of the months shown, BTN 5,660. The 12-month ADR of BTN 7,092 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
Seasonality
Best and Worst Months for Airbnb in Thimphu
With only 20 active listings, the monthly pattern in Thimphu is noisy, since a few long or pricey stays can lift a month; revenue peaked in August and bottomed out in April.
How Far in Advance Do Guests Book Airbnb in Thimphu?
Guests book Thimphu stays 59 days ahead on average (about eight weeks). September stays are booked furthest out, about 156 days ahead, and February stays closest to arrival, about 6 days. A typical September booking is made in mid-April.
September stays are booked furthest ahead
Average days between booking and check-in, by month of stay
The 12-month figure of 59 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
Airbnb Permits and Registration in Thimphu
None of the 20 active listings in Thimphu display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
Registration, permit, zoning and tourist-tax rules vary by address and change often, so confirm them with the local authority before buying or listing in Thimphu.
Neighborhoods
Best Neighborhoods for Airbnb in Thimphu
AirROI's area guide picks eight Thimphu neighborhoods that draw short-term rental guests, led by Tashichho Dzong, Norzin Lam and Buddha Dordenma. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Tashichho Dzong | Home to the throne room and office of the King of Bhutan, Tashichho Dzong is a stunning fortress and an architectural marvel. It's a key attraction for tourists looking to immerse themselves in Bhutan's culture and history. | Tashichho Dzong, National Memorial Chorten, Paro Taktsang, Bhutan National Museum, Changangkha Lhakhang |
| Norzin Lam | The main commercial street in Thimphu, Norzin Lam is bustling with shops, cafes, and restaurants. It’s a hotspot for tourists and locals alike, making it an ideal location for Airbnb hosting. | Tashichho Dzong, National Library of Bhutan, Weekend Market, Handicrafts Emporium, Clock Tower Square |
| Buddha Dordenma | This giant Buddha statue overlooks the Thimphu valley and is a significant cultural landmark. It attracts many visitors and provides a serene atmosphere, making nearby accommodations attractive for Airbnb guests. | Buddha Dordenma, Kuenselphodrang Nature Park, Thimphu Valley Views, Druk Wangyal Chortens |
| Motithang | Known for its tranquil environment, Motithang is home to various guest houses and is close to major attractions. It offers a peaceful retreat while still being close to the city center. | Motithang Takin Preserve, Royal Botanical Park, Thimphu Zoo, Bhutan Post Office |
| Changangkha | A heritage neighborhood that retains much of traditional Bhutanese architecture. It's close to many cultural sites and offers visitors a chance to experience local life closely. | Changangkha Lhakhang, Wangditse Lhakhang, Local markets, Viewpoints of Thimphu |
| Dechencholing | A residential area that combines tranquility with proximity to the capital city. Investors can target families and longer-stay guests who seek a quieter environment. | Dechencholing Palace, Wangdue Phodrang, Thimphu's main attractions |
| Kawang | A scenic locality on the outskirts of Thimphu, Kawang offers peace and breathtaking views of the Himalayas. It's perfect for nature lovers and those looking for a stay away from the bustling city. | Himalayan Views, Trekking trails, Local agriculture, Cultural experiences |
| Thimphu City Center | The heart of Thimphu, this area is known for its vibrant lifestyle and nightlife, making it ideal for young travelers and those looking to explore local culture. | Zangdopelri Lhakhang, Local eateries, Shopping areas, Entertainment venues |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
FAQ
Thimphu Airbnb FAQ
How much do Airbnb hosts make in Thimphu?
An active Thimphu Airbnb grossed BTN 277,877 on average in the 12 months to April 2025, according to AirROI's tracking of 20 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in BTN 89,700 or more in a typical month.
How much can I make on Airbnb in Thimphu?
It depends most on the home's size, location and how it's run. The middle half of Thimphu listings earn between BTN 33,500 and BTN 89,700 in a typical month, and the top tenth BTN 113,000 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Thimphu?
Listings in Thimphu were booked on 21% of available nights over the past year. June was the busiest month.
How much does an Airbnb cost per night in Thimphu?
The average booked night in Thimphu cost BTN 7,092 before fees. Half of listings charge between BTN 2,890 and BTN 6,465; a few high-priced homes pull the average above that range.
Do you need a permit for an Airbnb in Thimphu?
None of the active Thimphu listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and tourist-tax rules with the local authority before buying.
Is Airbnb profitable in Thimphu?
It can be, as extra income from a home or room you already have. The average Thimphu Airbnb grossed BTN 277,877 in the 12 months to April 2025, though with only 20 active listings a single property can move that figure, counting listings open only part of the year, and a listing at the top-quarter mark, run by its owner with everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, keeps about BTN 27,800 a month. Check a specific home in the Airbnb calculator.
When is Airbnb peak season in Thimphu?
August paid best over the past year, at BTN 94,500 per active listing, and April paid least. The month-by-month table above shows how rates and bookings each move.
How far in advance do guests book Airbnbs in Thimphu?
Thimphu stays were booked 59 days (about eight weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
What are the best neighborhoods for Airbnb in Thimphu?
Tashichho Dzong, Norzin Lam and Buddha Dordenma draw the most short-term rental interest in Thimphu. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Thimphu?
AirROI counted 20 active Airbnb listings in Thimphu as of April 2025.
Method
About This Data
Figures on this page cover 20 active Airbnb listings in Thimphu from May 2024 to April 2025 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. AirROI measures bookings in US dollars; this page shows them in Bhutanese ngultrums at BTN 92.7 per US$, the typical rate from October 2025 to September 2026. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.