Airbnb market data · 202512 months to April 2025
Matsapha, Eswatini Airbnb Market Data: Revenue, Occupancy & Trends
The average Airbnb in Matsapha brought in SZL 76,202 over the 12 months through April 2025, across just 19 active listings, so a single property can move that figure.
AirROI's latest figures for Matsapha run through April 2025.
The short answer
Matsapha Airbnb Market at a Glance
Listings averaged SZL 1,078 a night and were booked on 20% of available nights.
Timing matters: in October, the best month, the average listing earned about 8.1 times as much as in December, the slowest. With only 19 active listings, a few bookings can reorder the months.
With 19 active listings, Matsapha is the third-largest of 3 Manzini Region markets AirROI tracks.
Browse the live Matsapha Airbnb market See Every Matsapha ListingRevenue
How Much Do Airbnb Hosts Make in Matsapha?
Gross bookings per Matsapha listing averaged SZL 76,202 over the 12 months to April 2025 (Manzini Region average: SZL 125,719), before cleaning, platform and management costs and taxes.
The average Matsapha listing brought in SZL 79,300 in October, its best month, and SZL 9,770 in December, its slowest. The three strongest months bring in 46% of a full year's revenue, where an even calendar would give any three months 25%.
Across Matsapha's 19 active listings, monthly revenue by tier:
- Best-in-class properties (top 10%) earn SZL 112,000+ a month, about 10.9 times the typical property.
- Strong performers (top 25%) earn SZL 22,300 or more, roughly SZL 12,000 a month above the median.
- Typical properties (median) earn about SZL 10,300 a month.
- Entry-level properties (bottom 25%) earn SZL 4,690 or less, about 46% 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.
October earned about 8.1 times what December did
Average revenue per active listing, by month
The dashed line is the average of the months shown, SZL 34,500. Dashed: April left out, as the latest month's data looks incomplete.
Matsapha Airbnb Data by Month
Latest 12 months in the April 2025 data.
October led on revenue. Nightly rates peaked in July and bookings in March, 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 | SZL 38,262 | 29.4% | SZL 1,494 | 136 days |
| Jun 2024 | SZL 33,203 | 8.7% | SZL 1,495 | 130 days |
| Jul 2024 | SZL 27,373 | 24.5% | SZL 1,506 | 8 days |
| Aug 2024 | SZL 38,650 | 17.8% | SZL 1,496 | 8 days |
| Sep 2024 | SZL 48,822 | 12.0% | SZL 1,490 | 13 days |
| Oct 2024 | SZL 79,262 | 17.8% | SZL 1,497 | 23 days |
| Nov 2024 | SZL 53,329 | 33.3% | SZL 1,498 | 10 days |
| Dec 2024 | SZL 9,768 | 22.0% | SZL 1,364 | 16 days |
| Jan 2025 | SZL 10,753 | 30.4% | SZL 1,338 | 17 days |
| Feb 2025 | SZL 11,898 | 27.7% | SZL 1,324 | 20 days |
| Mar 2025 | SZL 27,684 | 49.5% | SZL 1,329 | 8 days |
| Apr 2025* | SZL 11,223 | 23.9% | SZL 1,326 | 37 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. *Apr 2025 is the latest month and looks incomplete: its occupancy sits well below the calendar months either side of it, as the latest month often does before late bookings are recorded. It may be revised and is not counted as a best or worst month.
The typical Matsapha listing earns about SZL 10,300 a month, but one property can land well above or below that. The Airbnb income calculator gives a range for a specific address, built from the comparable listings around it.
Profit
Is an Airbnb in Matsapha Profitable?
Yes, when it's run well. The average Matsapha Airbnb took in SZL 76,202 in the 12 months to April 2025, an average that counts every active listing, including those open only part of the year. A listing in the top quarter took in about SZL 164,880, and run by its owner at everyday costs, about SZL 10,140 a month of that is left after running costs, so a home that costs less than that to own or rent makes money.
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.
Matsapha Airbnb Income, Expenses and Profit per Year
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Gross bookings | SZL 76,202 | SZL 164,880 |
| Running costs | ||
| Airbnb's fee15.5% of bookings, Airbnb's standard host-only fee | −SZL 11,810 | −SZL 25,560 |
| Utilities and internetAbout 5% of bookings | −SZL 3,810 | −SZL 8,240 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −SZL 1,520 | −SZL 3,300 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −SZL 2,290 | −SZL 4,950 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −SZL 760 | −SZL 760 |
| Permit and registrationWhere one is required | −SZL 380 | −SZL 380 |
| ManagementSZL 0 when you run it; co-hosts charge from about 10% of nightly bookings | SZL 0 | SZL 0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | SZL 0 | SZL 0 |
| Lodging taxesAdded to the guest's bill and passed on | SZL 0 | SZL 0 |
| Total running costsAbout 27% of bookings | −SZL 20,570 | −SZL 43,190 |
| Left for housing costs, then profit | SZL 55,632about SZL 4,640 a month | SZL 121,690about SZL 10,140 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
Estimate Your Own Matsapha Airbnb Profit
The estimate starts from Matsapha'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 Matsapha 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 Matsapha's Top Earners Get There
- More nights booked. The busiest quarter of Matsapha listings are booked on 34% or more of their nights, against 17% for the median listing. Ten more booked nights a year at the median rate of SZL 920 adds about SZL 9,200 in bookings.
- Prices that follow demand. Ranked by price, the top quarter charge SZL 1,390 a night or more, against a median of SZL 920. 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 SZL 7,620 a year.
- Open for the busy months. October brought the average listing about SZL 79,300, against SZL 9,770 in December, 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 SZL 13,740 a month, against SZL 6,350 for the average one.
Occupancy
What Is the Airbnb Occupancy Rate in Matsapha?
Matsapha listings were booked on 20% of the nights they were open over the past year, 7 percentage points below the Manzini Region average (27%) and 5 points below the Eswatini average (25%). Occupancy swings from 9% in June to 49% in March.
Across Matsapha's 19 active listings, the share of open nights booked by tier:
- Best-in-class properties (top 10%) are booked 51%+ of open nights, 34 points above the median.
- Strong performers (top 25%) fill 34% or more, roughly two and a half nights a week.
- Typical properties (median) fill about 17% of open nights.
- Entry-level properties (bottom 25%) fill 13% or less, less than one night a week.
March was the busiest month in Matsapha, June the quietest
Share of open nights booked, by month
Dashed: April data incomplete. The 12-month rate of 20% 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 Matsapha?
The average nightly rate in Matsapha, known as ADR (average daily rate), was SZL 1,078 over the past year, about 47% below the Manzini Region average of SZL 2,040 and about 31% below the Eswatini average of SZL 1,570. Averaged month by month, rates peak in July and November at about SZL 1,505 and bottom out in February and March at about SZL 1,325.
Across Matsapha's 19 active listings, nightly rates by tier:
- Best-in-class properties (top 10%) charge SZL 2,065+ a night, about 2.2 times the median.
- Strong performers (top 25%) charge SZL 1,390 or more, about SZL 470 above the median.
- Typical properties (median) charge about SZL 920 a night.
- Entry-level properties (bottom 25%) charge SZL 555 or less, about 61% of the median.
July rates ran 14% above February's
Average nightly rate (ADR), by month
The dashed line is the average of the months shown, SZL 1,440. Dashed: April data incomplete. The 12-month ADR of SZL 1,078 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 Matsapha
With only 19 active listings, the monthly pattern in Matsapha is noisy, since a few long or pricey stays can lift a month; revenue peaked in October and bottomed out in December.
How Far in Advance Do Guests Book Airbnb in Matsapha?
Guests book Matsapha stays 34 days ahead on average (about five weeks). May stays are booked furthest out, about 136 days ahead, and March stays closest to arrival, about 8 days. A typical May booking is made in late December.
May stays are booked furthest ahead
Average days between booking and check-in, by month of stay
Dashed: April data incomplete. The 12-month figure of 34 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 Matsapha
None of the 19 active listings in Matsapha 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 Matsapha.
Neighborhoods
Best Neighborhoods for Airbnb in Matsapha
AirROI's area guide picks seven Matsapha neighborhoods that draw short-term rental guests, led by Matsapha Industrial Area, Manzini City Centre and Ngwenya Glass. 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 |
|---|---|---|
| Matsapha Industrial Area | Strategic location for business travelers and workers with companies in the industrial zone. Convenient access to major factories and employment centers. | Matsapha International Airport, Swaziland National Fair, Kingdom of Eswatini Exhibition Centre |
| Manzini City Centre | The largest city in Eswatini with bustling markets and urban life. Attracts both tourists and locals looking for shopping and dining. | Manzini Market, Bulembu Town, The Swazi Plaza, Hlane Royal National Park |
| Ngwenya Glass | Unique tourist attraction where visitors can see glass being made. Suitable for those interested in crafts and artisanal experiences. | Ngwenya Glass Factory, Hlane Royal National Park, Phophonyane Falls |
| Emalotja | Beautiful natural surroundings with opportunities for hiking and exploring the countryside. Ideal for nature lovers and those looking for tranquility. | Malolotja Nature Reserve, Ziplining, Nature trails, Bird watching |
| Shewula Mountain Camp | An eco-friendly lodge that offers a view of the lowveld. Appeals to eco-tourists and those seeking adventure in nature. | Shewula Nature Reserve, Cultural experiences with local communities |
| Thesele Hlane | Close to Hlane Royal National Park, attractive for wildlife enthusiasts and visitors looking for a safari experience. | Hlane Royal National Park, Wildlife tours, Bird watching, Cultural experiences |
| Lobamba | Cultural and historical heart of Eswatini, home to the King’s Palace and important cultural sites. A great destination for cultural tourism. | Lobamba Royal Village, King Sobhuza II Memorial Park, Ngwenya Glass, Traditional dances and events |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Nearby markets
Matsapha vs. Nearby Airbnb Markets
Matsapha out-earns Mbabane (31 km away, 83 listings), the only nearby market in the table, which averaged about 10% less per listing.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Mbabane 31 km | 83 | SZL 68,808 | SZL 1,220 | 26% |
FAQ
Matsapha Airbnb FAQ
How much do Airbnb hosts make in Matsapha?
An active Matsapha Airbnb grossed SZL 76,202 on average in the 12 months to April 2025, according to AirROI's tracking of 19 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in SZL 22,300 or more in a typical month.
How much can I make on Airbnb in Matsapha?
It depends most on the home's size, location and how it's run. The middle half of Matsapha listings earn between SZL 4,690 and SZL 22,300 in a typical month, and the top tenth SZL 112,000 or more. For one home, enter its address and bedroom count in the Airbnb calculator: it compares the home with similar listings nearby.
What is the average Airbnb occupancy rate in Matsapha?
Listings in Matsapha were booked on 20% of available nights over the past year. That compares with 27% for the Manzini Region average. March was the busiest month.
How much does an Airbnb cost per night in Matsapha?
The average booked night in Matsapha cost SZL 1,078 before fees. Half of listings charge between SZL 555 and SZL 1,390, so bedroom count and location move the price more than the average suggests.
Do you need a permit for an Airbnb in Matsapha?
None of the active Matsapha 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 Matsapha?
Yes, when it's run well. The average Matsapha Airbnb grossed SZL 76,202 in the 12 months to April 2025, 39% below the Manzini Region average of SZL 125,719, though with only 19 active listings a single property can move that figure, counting listings open only part of the year. A listing at the top-quarter mark, run by its owner with everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, has about SZL 10,140 a month left before the mortgage or rent, so a home that costs less than that to own or rent makes a profit. Check a specific home in the Airbnb estimator.
When is Airbnb peak season in Matsapha?
October paid best over the past year, at SZL 79,300 per active listing, and December paid least. The month-by-month table above shows how rates and bookings each move.
How far in advance do guests book Airbnbs in Matsapha?
Matsapha stays were booked 34 days (about five 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 Matsapha?
Matsapha Industrial Area, Manzini City Centre and Ngwenya Glass draw the most short-term rental interest in Matsapha. The neighborhood guide explains what brings guests to each.
How many Airbnbs are there in Matsapha?
AirROI counted 19 active Airbnb listings in Matsapha as of April 2025. The closest tracked market is Mbabane, 31 km away.
Method
About This Data
Figures on this page cover 19 active Airbnb listings in Matsapha 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 Swazi emalangeni at SZL 16.5 per US$, the typical rate from November 2025 to October 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.