Wooden cabin in the Boquete mountains Entire home · 3 bedrooms Rated 4.88 - Revenue
- $38,907
- Occupancy
- 43.2%
- Daily rate
- $327
Airbnb market data · 202612 months to September 2026
The average Airbnb in Boquete brought in US$9,700 over the 12 months through September 2026, about 33% less than the national average of $14,386.
The short answer
Boquete is priced below the national average. Listings averaged $124 a night, about 17% less than that average of $150, and were booked on 38% of available nights, close to its 38% occupancy.
Timing matters: in January, the best month, the average listing earned about 6.5 times as much as in October, the slowest.
AirROI tracked 80 active listings in Boquete.
Browse the live Boquete Airbnb market See Every Boquete ListingRevenue
Gross bookings per Boquete listing averaged $9,700 over the 12 months to September 2026 (Panama average: $14,386), before cleaning, platform and management costs and taxes.
The average Boquete listing brought in $1,850 in January, its best month, and $284 in October, 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%.
In a typical month, a top-quarter listing earns at least 3.7 times as much as a bottom-quarter one.
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.
January earned about 6.5 times what October did
Average revenue per active listing, by month, September 2025 to August 2026
Latest 12 months in the September 2026 data. September's figures are still coming in, so the rows run to August.
January 2026 led on revenue and bookings; nightly rates peaked in February 2026.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | $561 | 33.3% | $130 | $19 | 22 days | 4 nights |
| Oct 2025 | $284 | 25.8% | $131 | $9 | 3 days | 4 nights |
| Nov 2025 | $796 | 45.0% | $132 | $27 | 81 days | 7.4 nights |
| Dec 2025 | $1,693 | 44.9% | $134 | $55 | 15 days | 5.9 nights |
| Jan 2026 | $1,848 | 52.9% | $133 | $60 | 29 days | 3.4 nights |
| Feb 2026 | $1,379 | 48.9% | $136 | $49 | 38 days | 6.7 nights |
| Mar 2026 | $1,326 | 41.7% | $132 | $43 | 34 days | 3.6 nights |
| Apr 2026 | $1,066 | 33.2% | $127 | $36 | 38 days | 4.2 nights |
| May 2026 | $1,038 | 28.1% | $129 | $33 | 35 days | 3.9 nights |
| Jun 2026 | $1,104 | 32.5% | $128 | $37 | 11 days | 4.4 nights |
| Jul 2026 | $1,404 | 32.4% | $131 | $45 | 30 days | 5.3 nights |
| Aug 2026 | $1,283 | 34.2% | $131 | $41 | 33 days | 3.8 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.
The typical Boquete listing earns about $856 a month, but one property can land well above or below that. The short-term rental calculator gives a range for a specific address, built from the comparable listings around it.
Profit
Yes, when it's run well. The average Boquete Airbnb took in $9,700 in the 12 months to September 2026, and run by its owner at everyday costs, about $540 a month of that is left after running costs, so a home that costs less than that to own or rent makes money. A listing in the top quarter leaves about $980 a month.
Cleaning it yourself keeps the $600 a year guests pay in cleaning fees, for about $590 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about $470 a month.
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.
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | $9,100 | $16,210 |
| Cleaning fees guests pay6% of Boquete bookings | $600 | $1,080 |
| Gross bookings | $9,700 | $17,290 |
| Running costs | ||
| Airbnb's feeAbout 15%: 15.5% for the 96% of Boquete listings on Simplified Pricing, 3% for the rest | −$1,460 | −$2,600 |
| Cleaning and laundryPaid for by the cleaning fee; $0 if you clean yourself | −$600 | −$1,080 |
| Utilities and internetAbout 5% of bookings | −$490 | −$860 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −$190 | −$350 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −$290 | −$520 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −$100 | −$100 |
| Permit and registrationWhere one is required | −$50 | −$50 |
| Management$0 when you run it; co-hosts charge from about 10% of nightly bookings | $0 | $0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | $0 | $0 |
| Lodging taxesAdded to the guest's bill and passed on | $0 | $0 |
| Total running costsAbout 27% of bookings, plus cleaning paid for by the cleaning fee | −$3,180 | −$5,560 |
| Left for housing costs, then profit | $6,520about $540 a month | $11,730about $980 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, building or condo fees | Depend on the home | |
The estimate starts from Boquete'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 Boquete 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.
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 $1,440 a month, against $810 for the average one.
Occupancy
Boquete listings were booked on 38% of the nights they were open over the past year, in line with the Panama average. Occupancy swings from 26% in October to 53% in January.
The busiest tenth of listings are booked about 4.1 times as often as the bottom quarter.
January was the busiest month in Boquete, October the quietest
Share of open nights booked, by month, September 2025 to August 2026
Nightly rates
The average nightly rate in Boquete, known as ADR (average daily rate), was $124 over the past year, about 17% below the Panama average of $150. Averaged month by month, rates barely change through the year, staying between about $125 and $135.
Prices span a wide range: the top 10% charge about 4.6 times the rate of the bottom quarter.
Average nightly rate by month in Boquete
Average nightly rate (ADR), by month, September 2025 to August 2026
The 12-month ADR of $124 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Boquete it averaged $42 over the past year, from about $9 in October to about $60 in January.
Per open night, by tier:
January RevPAR was about 6.5 times October's
Revenue per open night (RevPAR), by month, September 2025 to August 2026
The 12-month RevPAR of $42 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Boquete has two high seasons, July–August and December–March, which makes it a moderately seasonal market. Business is slowest from September to November and slows again in May.
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonDecember–March | $1,560 | 47% | $134 |
| High seasonJuly–August | $1,340 | 33% | $131 |
| Shoulder seasonApril, June | $1,090 | 33% | $127 |
| Low seasonMay, September–November | $670 | 33% | $131 |
Guests book Boquete stays 29 days ahead on average (about four weeks). November stays are booked furthest out, about 81 days ahead, and October stays closest to arrival, about 3 days. A typical November booking is made in late August.
November stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2025 to August 2026
The 12-month figure of 29 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 80 active listings in Boquete 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 Boquete.
Neighborhoods
AirROI's area guide picks six Boquete neighborhoods that draw short-term rental guests, led by Downtown Boquete, Volcan Baru National Park and Caldera. 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 |
|---|---|---|
| Downtown Boquete | The heart of Boquete, offering easy access to restaurants, cafes, and shops. A hub for tourists looking to experience local culture and cuisine. | Boquete Saturday Market, Finca Lerida Coffee Estate, Cerro Punta, Cascada Escondida, El Sendero de los Quetzales |
| Volcan Baru National Park | A stunning natural area ideal for adventure seekers and nature lovers. Great for hiking and exploring the diverse ecosystems of Panama. | Volcan Baru, Cloud Forest hiking trails, The Quetzal Trail, Birdwatching opportunities, Stunning views from the summit |
| Caldera | A peaceful area near the hot springs that offers a unique relaxation experience. Great for those looking for tranquility and nature's healing benefits. | Caldera Hot Springs, Hiking trails, Relaxation spots, Nature reserves, Wildlife viewing |
| Palmira | This area is slightly off the beaten path but offers rustic charm and beautiful landscapes. Ideal for those looking for unique accommodations. | Scenic landscapes, Cultural experiences with locals, Local markets, Pottery and artisan workshops, Hiking and nature |
| El Salto | A lesser-known gem in Boquete, it features beautiful waterfalls and is great for those wanting to relax in nature or go on outdoor adventures. | El Salto Waterfall, River activities, Nature walks, Swimming spots, Picnic areas |
| Santa Lucia | A tranquil area with a mix of nature and local community life, perfect for those who want a peaceful Airbnb experience. | Local village market, Nature hikes, Birdwatching, Cultural exchanges, Rural tranquility |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Entire homes make up 78% of listings in Boquete, alongside 18 private-room listings (23%). Houses are the most common property type at 35%, ahead of apartments and condos (25%).
Mostly entire homes, with a private-room segment
Boquete Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 77.5% | 62 |
| Private room | 22.5% | 18 |
Listings by property type
Boquete Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| House | 35.0% | 28 |
| Apartment/Condo | 25.0% | 20 |
| Hotel/Boutique | 18.8% | 15 |
| Cabin/Outdoor | 18.8% | 15 |
| Others | 2.5% | 2 |
One-bedroom homes are the most common size in Boquete (39% of entire homes), followed by two-bedroom homes (31%). Shares are of the 61 entire homes that give a bedroom count; rented rooms are left out.
Boquete entire homes by number of bedrooms
Entire homes with each number of bedrooms, of those with a bedroom count on file
| Bedrooms | Share of entire homes with a bedroom count | Entire homes |
|---|---|---|
| Studio | 4.9% | 3 |
| 1 bedroom | 39.3% | 24 |
| 2 bedrooms | 31.1% | 19 |
| 3 bedrooms | 19.7% | 12 |
| 4 bedrooms | 3.3% | 2 |
| 5+ bedrooms | 1.6% | 1 |
A typical one-bedroom home in Boquete earned $4,740 over the past year, against $14,500 for a three-bedroom home.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| 1 bedroom | 24 | $4,740 | $5,820 | $73 | 39% |
| 2 bedrooms | 19 | $9,830 | $11,100 | $121 | 42% |
| 3 bedrooms | 12 | $14,500 | $16,200 | $162 | 38% |
The most common capacity in Boquete is two guests (31% of listings), and 34% of listings sleep six or more. Shares are of the 71 listings with a guest capacity on file (89% of the market).
Boquete listings by guest capacity
Share of listings by the number of guests they sleep, of those with a capacity on file
| Guest capacity | Share of listings with a capacity on file | Listings |
|---|---|---|
| 2 guests | 31.0% | 22 |
| 3 guests | 5.6% | 4 |
| 4 guests | 22.5% | 16 |
| 5 guests | 7.0% | 5 |
| 6 guests | 16.9% | 12 |
| 7 guests | 7.0% | 5 |
| 8+ guests | 9.9% | 7 |
Boquete hosts set up an average of 2.6 beds per listing. 59% of listings show their exact location on the listing map; the rest show an approximate area.
Free on-site parking is close to standard in Boquete: 91% of listings offer it, and 49% have a pet-friendly policy. Only 38% of listings have air conditioning.
Share of Boquete listings with each common amenity
Guests
Boquete splits its demand between home and abroad: 57% of guests who left reviews live outside Panama, led by visitors from the United States and Canada. Guests speak a mix of languages: English leads at 41%, followed by Spanish and French.
57% of Boquete guests come from abroad
Where guests who left reviews live
Where Boquete guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| Panama City | 24.6% |
| Mexico City | 1.6% |
| Calgary | 1.6% |
Where Boquete guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| Panama | 43.0% |
| United States | 19.6% |
| Canada | 8.2% |
| Germany | 5.9% |
| France | 4.1% |
Languages spoken by Boquete guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 41.4% |
| Spanish | 36.0% |
| French | 7.1% |
| German | 5.3% |
| Portuguese | 3.6% |
Boquete Airbnbs average 4.80 stars, and 38% of listings hold Airbnb's Guest Favorite badge.
Boquete guest ratings by category
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.83 |
| Cleanliness | 4.77 |
| Communication | 4.83 |
| Location | 4.83 |
| Check-in | 4.82 |
| Value | 4.79 |
Booking patterns
Nearly all Boquete listings are open to guests more than 180 days a year, but only 4% are booked or blocked that many days. The most common booked-or-blocked total is 91 to 180 days a year, covering 43% of listings; blocked nights include any the host closes off.
Days a year Boquete listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 55.0% | 44 |
| 181-270 days | 42.5% | 34 |
| 91-180 days | 2.5% | 2 |
Days a year Boquete listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 3.8% | 3 |
| 91-180 days | 42.5% | 34 |
| 31-90 days | 40.0% | 32 |
| 1-30 days | 13.8% | 11 |
The average Boquete booking lasts 4.7 nights, longest in November and shortest in January. Listings took about 19 bookings each over the year, some 1,490 in all. About seven in ten listings that give a check-in time set it at 3 p.m., with check-out usually at 11 a.m.
Average length of stay by month in Boquete
Average nights per booking, by month of stay
More than nine in ten listings in Boquete accept stays of one or two nights.
Minimum stay set by Boquete listings
Share of listings by the shortest stay they accept, from one night to 30 or more
Moderate is the most common cancellation policy in Boquete, used by 34% of listings; it refunds guests in full if they cancel at least five days before check-in. Hosts here lean flexible: nearly two-thirds of listings offer Flexible or Moderate terms, against 14% on Firm or stricter ones.
Cancellation policies of Boquete listings, from most to least flexible
Share of listings by the policy they use
More than a third of Boquete listings charge a cleaning fee. The typical fee is about $30. Spread over the average stay of 4.7 nights, that adds roughly $6 a night to what guests pay. For listings that charge one, cleaning fees make up about 6% of gross revenue.
Top earners
The top-grossing Airbnb in Boquete, a three-bedroom home, took in $38,900 over the past year, about four times the city's average of $9,700.
Wooden cabin in the Boquete mountains Entire home · 3 bedrooms Rated 4.88
Blue Mountains Cabin Entire home · 4 bedrooms Rated 5.00
Parkside Plazuela – Tranquility in Boquete Entire home · 2 bedrooms Rated 4.69
Casa Cascada, Boquete full house Entire home · 5 bedrooms Rated 5.00
Boquete Cabin with a View of the Baru Volcano Entire home · 4 bedrooms Rated 5.00
Boquete House 3 bedrooms 3 bathrooms Entire home · 3 bedrooms Rated 4.64 Only 4% of Boquete listings are classed as professionally managed, though 29% of listings have a co-host. Superhosts run 51% of listings. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 96% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 74 km, Boca Chica (67 km away, 30 listings) earned the most per listing, about 59% more than Boquete.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Bajo Boquete 1 km | 161 | $11,743 | $120 | 35% |
| Jaramillo 2 km | 49 | $13,989 | $118 | 40% |
| Los Naranjos 4 km | 72 | $9,487 | $113 | 32% |
| Alto Boquete 7 km | 216 | $6,626 | $88 | 30% |
| David 36 km | 96 | $3,479 | $46 | 30% |
| David Sur 39 km | 31 | $2,766 | $39 | 28% |
| Boca Chica 67 km | 30 | $15,388 | $234 | 30% |
| Bocas del Toro 74 km | 454 | $15,213 | $163 | 33% |
Markets elsewhere in Panama with a similar nightly rate and occupancy to Boquete:
FAQ
An active Boquete Airbnb grossed US$9,700 on average in the 12 months to September 2026, according to AirROI's tracking of 80 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in US$1,530 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Boquete listings earn between US$406 and US$1,530 in a typical month, and the top tenth US$2,390 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
Listings in Boquete were booked on 38% of available nights over the past year. That compares with 38% for the national average. January was the busiest month.
The average booked night in Boquete cost US$124 before fees. Half of listings charge between US$60 and US$135, so bedroom count and location move the price more than the average suggests.
None of the active Boquete 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.
Yes, when it's run well. The average Boquete Airbnb grossed US$9,700 in the 12 months to September 2026, 33% below the national average of US$14,386. Run by its owner, with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, US$6,520 a year (about US$540 a month) is left before the mortgage or rent. A home that costs less than that to own or rent makes a profit, and a listing at the top-quarter mark leaves about US$980 a month. Check a specific home in the Airbnb calculator.
January paid best over the past year, at US$1,850 per active listing, and October paid least. The month-by-month table above shows how rates and bookings each move.
Each night a Boquete listing was open to book earned US$42 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made US$72 or more.
Boquete stays were booked 29 days (about four weeks) before arrival on average over the past year, so most of a month is booked well before it starts.
The average Boquete Airbnb stay lasted 4.7 nights over the past year. A listing took 19 reservations over the year on average.
Guests rate Boquete Airbnbs 4.80 out of 5 on average. Guests score communication highest and cleanliness lowest.
Downtown Boquete, Volcan Baru National Park and Caldera draw the most short-term rental interest in Boquete. The neighborhood guide explains what brings guests to each.
AirROI counted 80 active Airbnb listings in Boquete as of September 2026. The closest tracked market is Bajo Boquete, 1 km away.
In Boquete, more than a third of listings add a cleaning fee, and the typical fee is about US$30.
Method
Figures on this page cover 80 active Airbnb listings in Boquete from October 2025 to September 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. Money figures are in U.S. dollars. 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.