What Are the Best Places to Invest in Airbnb in Philippines?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-04-08

The short-term rental market in Philippines spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Philippines across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Quezon City, Metro Manila leads by market size with 3,736 active listings and $285/month revenue. Across all ranked markets, average occupancy is 26.3% with $434/month in average revenue and $77/night ADR. 100 of 100 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Explore Live Market Data

Top Airbnb Markets in Philippines by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Philippines attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Quezon City, Metro Manila leads with 3,736 active short-term rental listings and $285/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Quezon City, Metro Manila	3,736	$285	$40	31.3%	Low
2	Pasay, Metro Manila	3,622	$294	$43	30.6%	Low
3	Cebu City, Central Visayas	3,563	$327	$40	34.9%	Low
4	Makati, Metro Manila	2,825	$366	$45	34.9%	Low
5	Taguig, Metro Manila	2,706	$659	$68	38.1%	Low
6	Baguio, Cordillera Administrative Region	2,495	$455	$74	28.4%	Low
7	Mandaluyong, Metro Manila	1,803	$272	$36	32.7%	Low
8	Tagaytay, Cavite	1,801	$410	$77	22.1%	Low
9	Davao City, Davao Region	1,650	$273	$42	30.1%	Low
10	Lapu-Lapu, Central Visayas	1,298	$372	$51	31.3%	Low
11	Parañaque, Metro Manila	1,260	$265	$50	27.4%	Low
12	Manila, Metro Manila	1,149	$293	$42	30.7%	Low
13	Angeles, Central Luzon	942	$486	$71	33.6%	Low
14	Iloilo City, Western Visayas	912	$248	$37	30.7%	Low
15	Pasig, Metro Manila	907	$289	$43	31.2%	Low
16	General Luna, Surigao del Norte	898	$791	$85	38.3%	Low
17	Cagayan de Oro, Northern Mindanao	779	$226	$37	27.4%	Low
18	Malay, Aklan	726	$827	$102	32.5%	Low
19	San Fernando, Pampanga	642	$366	$67	22.9%	Low
20	Bacolod, Western Visayas	611	$243	$39	28.9%	Low
21	El Nido, Palawan	549	$1,388	$129	37.6%	Low
22	Nasugbu, Batangas	538	$707	$149	20.1%	Low
23	Panglao, Bohol	500	$527	$68	29.2%	Low
24	San Juan, Batangas	494	$716	$120	27.9%	Low
25	Puerto Princesa, Mimaropa	410	$293	$52	27.5%	Low
26	Mandaue, Central Visayas	304	$207	$34	32.6%	Low
27	Silang, Cavite	289	$592	$121	22.5%	Low
28	Muntinlupa, Metro Manila	289	$270	$43	29.0%	Low
29	Dumaguete, Negros Oriental	273	$272	$39	31.1%	Low
30	Calamba, Laguna	261	$881	$206	20.7%	Low
31	Antipolo, Rizal	219	$698	$112	25.6%	Low
32	Puerto Galera, Oriental Mindoro	215	$356	$91	23.4%	Low
33	Cainta, Rizal	210	$257	$43	27.1%	Low
34	Olongapo, Central Luzon	209	$477	$68	28.5%	Low
35	Coron, Palawan	207	$729	$92	28.6%	Low
36	Urbiztondo, La Union	206	$499	$78	24.5%	Low
37	Dauis, Bohol	203	$368	$53	31.9%	Low
38	Alfonso, Cavite	188	$1,006	$195	18.8%	Low
39	General Santos, Soccsksargen	188	$168	$38	26.1%	Low
40	Morong, Bataan	187	$796	$193	19.9%	Low
41	Lapu-Lapu City, Central Visayas	175	$363	$50	33.9%	Low
42	Mabalacat, Pampanga	174	$473	$79	28.4%	Low
43	Santa Rosa, Laguna	168	$261	$50	25.3%	Low
44	Santa Fe, Cebu	167	$224	$42	25.6%	Low
45	Lipa, Batangas	166	$584	$104	24.2%	Low
46	Marilao, Bulacan	166	$189	$45	19.1%	Low
47	Los Baños, Laguna	154	$1,145	$249	20.4%	Low
48	Naga, Bicol Region	152	$212	$48	24.9%	Low
49	Las Piñas, Metro Manila	147	$206	$39	26.0%	Low
50	2nd District, Metro Manila	146	$242	$39	29.8%	Low
51	Legazpi, Albay	144	$250	$47	27.2%	Low
52	San Felipe, Zambales	142	$707	$141	22.6%	Low
53	Basdiot, Cebu	140	$614	$60	36.8%	Low
54	Bolinao, Pangasinan	132	$384	$106	19.9%	Low
55	Amadeo, Cavite	126	$844	$159	21.1%	Low
56	Mabini, Batangas	119	$632	$120	22.7%	Low
57	Lian, Batangas	118	$1,490	$221	23.4%	Low
58	Tagbilaran, Bohol	118	$225	$41	27.6%	Low
59	Tagaytay, Calabarzon	116	$405	$69	25.5%	Low
60	Butuan, Caraga	113	$158	$36	24.9%	Low
61	Baler, Aurora	110	$190	$69	19.2%	Low
62	Roxas, Palawan	108	$481	$70	28.4%	Low
63	Batangas City, Batangas	107	$557	$110	24.3%	Low
64	Imus, Cavite	107	$241	$55	25.2%	Low
65	Vigan, Ilocos Sur	107	$360	$71	21.8%	Low
66	Makati, Kalakhang Maynila	105	$332	$43	34.6%	Low
67	General Luna, Caraga	103	$969	$96	35.8%	Low
68	Laurel, Batangas	102	$411	$96	18.7%	Low
69	Tacloban, Eastern Visayas	98	$206	$38	25.7%	Low
70	Calatagan, Batangas	96	$911	$200	19.1%	Low
71	Dasmariñas, Cavite	96	$280	$66	24.6%	Low
72	Oslob, Cebu	95	$246	$59	19.1%	Low
73	Talisay, Cebu	95	$574	$92	27.3%	Low
74	Cavinti, Laguna	91	$338	$122	15.1%	Low
75	Alaminos, Pangasinan	89	$435	$93	20.1%	Low
76	Siquijor, Siquijor	86	$357	$44	36.7%	Low
77	Taytay, Rizal	85	$269	$56	25.6%	Low
78	Samal, Davao del Norte	81	$597	$106	23.4%	Low
79	General Trias, Cavite	80	$272	$62	25.6%	Low
80	Malolos, Bulacan	79	$337	$84	20.2%	Low
81	Bacoor, Cavite	76	$358	$71	26.5%	Low
82	San Juan, Metro Manila	76	$313	$52	29.2%	Low
83	Moalboal, Cebu	74	$482	$52	34.0%	Low
84	Marikina, Metro Manila	73	$381	$52	35.2%	Low
85	Valenzuela, Metro Manila	69	$252	$45	26.5%	Low
86	Sagada, Mountain Province	69	$210	$53	20.9%	Low
87	Cabanatuan, Nueva Ecija	69	$249	$40	23.8%	Low
88	Lucena, Calabarzon	68	$147	$38	18.9%	Low
89	Daraga, Albay	64	$169	$46	17.9%	Low
90	Balanga, Bataan	64	$249	$59	23.0%	Low
91	Trece Martires, Cavite	63	$258	$54	24.6%	Low
92	Biñan, Laguna	62	$244	$52	24.6%	Low
93	Santa Maria, Bulacan	61	$397	$120	14.2%	Low
94	Mambajao, Camiguin	61	$343	$58	27.2%	Low
95	San Pablo, Laguna	59	$217	$60	21.7%	Low
96	Caloocan, Metro Manila	58	$492	$94	25.3%	Low
97	Tanay, Rizal	58	$831	$143	18.2%	Low
98	Pagudpud, Ilocos Norte	57	$322	$85	17.1%	Low
99	San Jose del Monte, Bulacan	56	$406	$73	24.7%	Low
100	Iligan, Northern Mindanao	55	$199	$46	24.9%	Low

Most Profitable Airbnb Markets in Philippines by Revenue

The most profitable Airbnb cities in Philippines are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Lian, Batangas leads with $1,490/month at $221 ADR and 23.4% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#	Market	Revenue/mo	Active Listings (TTM)	ADR	Occupancy	Regulation
1	Lian, Batangas	$1,490	118	$221	23.4%	Low
2	El Nido, Palawan	$1,388	549	$129	37.6%	Low
3	Los Baños, Laguna	$1,145	154	$249	20.4%	Low
4	Alfonso, Cavite	$1,006	188	$195	18.8%	Low
5	General Luna, Caraga	$969	103	$96	35.8%	Low
6	Calatagan, Batangas	$911	96	$200	19.1%	Low
7	Calamba, Laguna	$881	261	$206	20.7%	Low
8	Amadeo, Cavite	$844	126	$159	21.1%	Low
9	Tanay, Rizal	$831	58	$143	18.2%	Low
10	Malay, Aklan	$827	726	$102	32.5%	Low
11	Morong, Bataan	$796	187	$193	19.9%	Low
12	General Luna, Surigao del Norte	$791	898	$85	38.3%	Low
13	Coron, Palawan	$729	207	$92	28.6%	Low
14	San Juan, Batangas	$716	494	$120	27.9%	Low
15	Nasugbu, Batangas	$707	538	$149	20.1%	Low
16	San Felipe, Zambales	$707	142	$141	22.6%	Low
17	Antipolo, Rizal	$698	219	$112	25.6%	Low
18	Taguig, Metro Manila	$659	2,706	$68	38.1%	Low
19	Mabini, Batangas	$632	119	$120	22.7%	Low
20	Basdiot, Cebu	$614	140	$60	36.8%	Low
21	Samal, Davao del Norte	$597	81	$106	23.4%	Low
22	Silang, Cavite	$592	289	$121	22.5%	Low
23	Lipa, Batangas	$584	166	$104	24.2%	Low
24	Talisay, Cebu	$574	95	$92	27.3%	Low
25	Batangas City, Batangas	$557	107	$110	24.3%	Low
26	Panglao, Bohol	$527	500	$68	29.2%	Low
27	Urbiztondo, La Union	$499	206	$78	24.5%	Low
28	Caloocan, Metro Manila	$492	58	$94	25.3%	Low
29	Angeles, Central Luzon	$486	942	$71	33.6%	Low
30	Moalboal, Cebu	$482	74	$52	34.0%	Low
31	Roxas, Palawan	$481	108	$70	28.4%	Low
32	Olongapo, Central Luzon	$477	209	$68	28.5%	Low
33	Mabalacat, Pampanga	$473	174	$79	28.4%	Low
34	Baguio, Cordillera Administrative Region	$455	2,495	$74	28.4%	Low
35	Alaminos, Pangasinan	$435	89	$93	20.1%	Low
36	Laurel, Batangas	$411	102	$96	18.7%	Low
37	Tagaytay, Cavite	$410	1,801	$77	22.1%	Low
38	San Jose del Monte, Bulacan	$406	56	$73	24.7%	Low
39	Tagaytay, Calabarzon	$405	116	$69	25.5%	Low
40	Santa Maria, Bulacan	$397	61	$120	14.2%	Low
41	Bolinao, Pangasinan	$384	132	$106	19.9%	Low
42	Marikina, Metro Manila	$381	73	$52	35.2%	Low
43	Lapu-Lapu, Central Visayas	$372	1,298	$51	31.3%	Low
44	Dauis, Bohol	$368	203	$53	31.9%	Low
45	San Fernando, Pampanga	$366	642	$67	22.9%	Low
46	Makati, Metro Manila	$366	2,825	$45	34.9%	Low
47	Lapu-Lapu City, Central Visayas	$363	175	$50	33.9%	Low
48	Vigan, Ilocos Sur	$360	107	$71	21.8%	Low
49	Bacoor, Cavite	$358	76	$71	26.5%	Low
50	Siquijor, Siquijor	$357	86	$44	36.7%	Low
51	Puerto Galera, Oriental Mindoro	$356	215	$91	23.4%	Low
52	Mambajao, Camiguin	$343	61	$58	27.2%	Low
53	Cavinti, Laguna	$338	91	$122	15.1%	Low
54	Malolos, Bulacan	$337	79	$84	20.2%	Low
55	Makati, Kalakhang Maynila	$332	105	$43	34.6%	Low
56	Cebu City, Central Visayas	$327	3,563	$40	34.9%	Low
57	Pagudpud, Ilocos Norte	$322	57	$85	17.1%	Low
58	San Juan, Metro Manila	$313	76	$52	29.2%	Low
59	Pasay, Metro Manila	$294	3,622	$43	30.6%	Low
60	Manila, Metro Manila	$293	1,149	$42	30.7%	Low
61	Puerto Princesa, Mimaropa	$293	410	$52	27.5%	Low
62	Pasig, Metro Manila	$289	907	$43	31.2%	Low
63	Quezon City, Metro Manila	$285	3,736	$40	31.3%	Low
64	Dasmariñas, Cavite	$280	96	$66	24.6%	Low
65	Davao City, Davao Region	$273	1,650	$42	30.1%	Low
66	Mandaluyong, Metro Manila	$272	1,803	$36	32.7%	Low
67	Dumaguete, Negros Oriental	$272	273	$39	31.1%	Low
68	General Trias, Cavite	$272	80	$62	25.6%	Low
69	Muntinlupa, Metro Manila	$270	289	$43	29.0%	Low
70	Taytay, Rizal	$269	85	$56	25.6%	Low
71	Parañaque, Metro Manila	$265	1,260	$50	27.4%	Low
72	Santa Rosa, Laguna	$261	168	$50	25.3%	Low
73	Trece Martires, Cavite	$258	63	$54	24.6%	Low
74	Cainta, Rizal	$257	210	$43	27.1%	Low
75	Valenzuela, Metro Manila	$252	69	$45	26.5%	Low
76	Legazpi, Albay	$250	144	$47	27.2%	Low
77	Cabanatuan, Nueva Ecija	$249	69	$40	23.8%	Low
78	Balanga, Bataan	$249	64	$59	23.0%	Low
79	Iloilo City, Western Visayas	$248	912	$37	30.7%	Low
80	Oslob, Cebu	$246	95	$59	19.1%	Low
81	Biñan, Laguna	$244	62	$52	24.6%	Low
82	Bacolod, Western Visayas	$243	611	$39	28.9%	Low
83	2nd District, Metro Manila	$242	146	$39	29.8%	Low
84	Imus, Cavite	$241	107	$55	25.2%	Low
85	Cagayan de Oro, Northern Mindanao	$226	779	$37	27.4%	Low
86	Tagbilaran, Bohol	$225	118	$41	27.6%	Low
87	Santa Fe, Cebu	$224	167	$42	25.6%	Low
88	San Pablo, Laguna	$217	59	$60	21.7%	Low
89	Naga, Bicol Region	$212	152	$48	24.9%	Low
90	Sagada, Mountain Province	$210	69	$53	20.9%	Low
91	Mandaue, Central Visayas	$207	304	$34	32.6%	Low
92	Las Piñas, Metro Manila	$206	147	$39	26.0%	Low
93	Tacloban, Eastern Visayas	$206	98	$38	25.7%	Low
94	Iligan, Northern Mindanao	$199	55	$46	24.9%	Low
95	Baler, Aurora	$190	110	$69	19.2%	Low
96	Marilao, Bulacan	$189	166	$45	19.1%	Low
97	Daraga, Albay	$169	64	$46	17.9%	Low
98	General Santos, Soccsksargen	$168	188	$38	26.1%	Low
99	Butuan, Caraga	$158	113	$36	24.9%	Low
100	Lucena, Calabarzon	$147	68	$38	18.9%	Low

Most Expensive Airbnb Markets in Philippines by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. Los Baños, Laguna commands the highest Airbnb nightly rate in Philippines at $249/night, generating $1,145/month at 20.4% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#	Market	ADR	Active Listings (TTM)	Revenue/mo	Occupancy	Regulation
1	Los Baños, Laguna	$249	154	$1,145	20.4%	Low
2	Lian, Batangas	$221	118	$1,490	23.4%	Low
3	Calamba, Laguna	$206	261	$881	20.7%	Low
4	Calatagan, Batangas	$200	96	$911	19.1%	Low
5	Alfonso, Cavite	$195	188	$1,006	18.8%	Low
6	Morong, Bataan	$193	187	$796	19.9%	Low
7	Amadeo, Cavite	$159	126	$844	21.1%	Low
8	Nasugbu, Batangas	$149	538	$707	20.1%	Low
9	Tanay, Rizal	$143	58	$831	18.2%	Low
10	San Felipe, Zambales	$141	142	$707	22.6%	Low
11	El Nido, Palawan	$129	549	$1,388	37.6%	Low
12	Cavinti, Laguna	$122	91	$338	15.1%	Low
13	Silang, Cavite	$121	289	$592	22.5%	Low
14	San Juan, Batangas	$120	494	$716	27.9%	Low
15	Santa Maria, Bulacan	$120	61	$397	14.2%	Low
16	Mabini, Batangas	$120	119	$632	22.7%	Low
17	Antipolo, Rizal	$112	219	$698	25.6%	Low
18	Batangas City, Batangas	$110	107	$557	24.3%	Low
19	Bolinao, Pangasinan	$106	132	$384	19.9%	Low
20	Samal, Davao del Norte	$106	81	$597	23.4%	Low
21	Lipa, Batangas	$104	166	$584	24.2%	Low
22	Malay, Aklan	$102	726	$827	32.5%	Low
23	General Luna, Caraga	$96	103	$969	35.8%	Low
24	Laurel, Batangas	$96	102	$411	18.7%	Low
25	Caloocan, Metro Manila	$94	58	$492	25.3%	Low
26	Alaminos, Pangasinan	$93	89	$435	20.1%	Low
27	Talisay, Cebu	$92	95	$574	27.3%	Low
28	Coron, Palawan	$92	207	$729	28.6%	Low
29	Puerto Galera, Oriental Mindoro	$91	215	$356	23.4%	Low
30	Pagudpud, Ilocos Norte	$85	57	$322	17.1%	Low
31	General Luna, Surigao del Norte	$85	898	$791	38.3%	Low
32	Malolos, Bulacan	$84	79	$337	20.2%	Low
33	Mabalacat, Pampanga	$79	174	$473	28.4%	Low
34	Urbiztondo, La Union	$78	206	$499	24.5%	Low
35	Tagaytay, Cavite	$77	1,801	$410	22.1%	Low
36	Baguio, Cordillera Administrative Region	$74	2,495	$455	28.4%	Low
37	San Jose del Monte, Bulacan	$73	56	$406	24.7%	Low
38	Bacoor, Cavite	$71	76	$358	26.5%	Low
39	Angeles, Central Luzon	$71	942	$486	33.6%	Low
40	Vigan, Ilocos Sur	$71	107	$360	21.8%	Low
41	Roxas, Palawan	$70	108	$481	28.4%	Low
42	Baler, Aurora	$69	110	$190	19.2%	Low
43	Tagaytay, Calabarzon	$69	116	$405	25.5%	Low
44	Panglao, Bohol	$68	500	$527	29.2%	Low
45	Olongapo, Central Luzon	$68	209	$477	28.5%	Low
46	Taguig, Metro Manila	$68	2,706	$659	38.1%	Low
47	San Fernando, Pampanga	$67	642	$366	22.9%	Low
48	Dasmariñas, Cavite	$66	96	$280	24.6%	Low
49	General Trias, Cavite	$62	80	$272	25.6%	Low
50	San Pablo, Laguna	$60	59	$217	21.7%	Low
51	Basdiot, Cebu	$60	140	$614	36.8%	Low
52	Balanga, Bataan	$59	64	$249	23.0%	Low
53	Oslob, Cebu	$59	95	$246	19.1%	Low
54	Mambajao, Camiguin	$58	61	$343	27.2%	Low
55	Taytay, Rizal	$56	85	$269	25.6%	Low
56	Imus, Cavite	$55	107	$241	25.2%	Low
57	Trece Martires, Cavite	$54	63	$258	24.6%	Low
58	Sagada, Mountain Province	$53	69	$210	20.9%	Low
59	Dauis, Bohol	$53	203	$368	31.9%	Low
60	Biñan, Laguna	$52	62	$244	24.6%	Low
61	Marikina, Metro Manila	$52	73	$381	35.2%	Low
62	Moalboal, Cebu	$52	74	$482	34.0%	Low
63	Puerto Princesa, Mimaropa	$52	410	$293	27.5%	Low
64	San Juan, Metro Manila	$52	76	$313	29.2%	Low
65	Lapu-Lapu, Central Visayas	$51	1,298	$372	31.3%	Low
66	Parañaque, Metro Manila	$50	1,260	$265	27.4%	Low
67	Lapu-Lapu City, Central Visayas	$50	175	$363	33.9%	Low
68	Santa Rosa, Laguna	$50	168	$261	25.3%	Low
69	Naga, Bicol Region	$48	152	$212	24.9%	Low
70	Legazpi, Albay	$47	144	$250	27.2%	Low
71	Iligan, Northern Mindanao	$46	55	$199	24.9%	Low
72	Daraga, Albay	$46	64	$169	17.9%	Low
73	Valenzuela, Metro Manila	$45	69	$252	26.5%	Low
74	Marilao, Bulacan	$45	166	$189	19.1%	Low
75	Makati, Metro Manila	$45	2,825	$366	34.9%	Low
76	Siquijor, Siquijor	$44	86	$357	36.7%	Low
77	Cainta, Rizal	$43	210	$257	27.1%	Low
78	Pasig, Metro Manila	$43	907	$289	31.2%	Low
79	Makati, Kalakhang Maynila	$43	105	$332	34.6%	Low
80	Pasay, Metro Manila	$43	3,622	$294	30.6%	Low
81	Muntinlupa, Metro Manila	$43	289	$270	29.0%	Low
82	Davao City, Davao Region	$42	1,650	$273	30.1%	Low
83	Manila, Metro Manila	$42	1,149	$293	30.7%	Low
84	Santa Fe, Cebu	$42	167	$224	25.6%	Low
85	Tagbilaran, Bohol	$41	118	$225	27.6%	Low
86	Cebu City, Central Visayas	$40	3,563	$327	34.9%	Low
87	Cabanatuan, Nueva Ecija	$40	69	$249	23.8%	Low
88	Quezon City, Metro Manila	$40	3,736	$285	31.3%	Low
89	Bacolod, Western Visayas	$39	611	$243	28.9%	Low
90	Las Piñas, Metro Manila	$39	147	$206	26.0%	Low
91	2nd District, Metro Manila	$39	146	$242	29.8%	Low
92	Dumaguete, Negros Oriental	$39	273	$272	31.1%	Low
93	General Santos, Soccsksargen	$38	188	$168	26.1%	Low
94	Tacloban, Eastern Visayas	$38	98	$206	25.7%	Low
95	Lucena, Calabarzon	$38	68	$147	18.9%	Low
96	Iloilo City, Western Visayas	$37	912	$248	30.7%	Low
97	Cagayan de Oro, Northern Mindanao	$37	779	$226	27.4%	Low
98	Mandaluyong, Metro Manila	$36	1,803	$272	32.7%	Low
99	Butuan, Caraga	$36	113	$158	24.9%	Low
100	Mandaue, Central Visayas	$34	304	$207	32.6%	Low

Highest Occupancy Airbnb Markets in Philippines

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. General Luna, Surigao del Norte leads Philippines with 38.3% occupancy, $791/month revenue, and 898 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#	Market	Occupancy	Active Listings (TTM)	Revenue/mo	ADR	Regulation
1	General Luna, Surigao del Norte	38.3%	898	$791	$85	Low
2	Taguig, Metro Manila	38.1%	2,706	$659	$68	Low
3	El Nido, Palawan	37.6%	549	$1,388	$129	Low
4	Cebu City, Central Visayas	34.9%	3,563	$327	$40	Low
5	Makati, Metro Manila	34.9%	2,825	$366	$45	Low
6	Angeles, Central Luzon	33.6%	942	$486	$71	Low
7	Mandaluyong, Metro Manila	32.7%	1,803	$272	$36	Low
8	Mandaue, Central Visayas	32.6%	304	$207	$34	Low
9	Malay, Aklan	32.5%	726	$827	$102	Low
10	Lapu-Lapu, Central Visayas	31.3%	1,298	$372	$51	Low
11	Quezon City, Metro Manila	31.3%	3,736	$285	$40	Low
12	Pasig, Metro Manila	31.2%	907	$289	$43	Low
13	Manila, Metro Manila	30.7%	1,149	$293	$42	Low
14	Iloilo City, Western Visayas	30.7%	912	$248	$37	Low
15	Pasay, Metro Manila	30.6%	3,622	$294	$43	Low
16	Davao City, Davao Region	30.1%	1,650	$273	$42	Low
17	Panglao, Bohol	29.2%	500	$527	$68	Low
18	Bacolod, Western Visayas	28.9%	611	$243	$39	Low
19	Baguio, Cordillera Administrative Region	28.4%	2,495	$455	$74	Low
20	San Juan, Batangas	27.9%	494	$716	$120	Low
21	Puerto Princesa, Mimaropa	27.5%	410	$293	$52	Low
22	Cagayan de Oro, Northern Mindanao	27.4%	779	$226	$37	Low
23	Parañaque, Metro Manila	27.4%	1,260	$265	$50	Low
24	San Fernando, Pampanga	22.9%	642	$366	$67	Low
25	Tagaytay, Cavite	22.1%	1,801	$410	$77	Low
26	Nasugbu, Batangas	20.1%	538	$707	$149	Low

How to Choose an Airbnb Investment Market in Philippines

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Philippines tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Philippines

Understanding the regulatory environment is critical for any Airbnb investment in Philippines. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 100 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 0 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Philippines

This page ranks Airbnb markets in Philippines across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Philippines.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Philippines.
Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Philippines and projecting cash flow.
Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
Regulation: An indicator of the local regulatory climate in Philippines, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Philippines

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Philippines.

What are the best places to invest in Airbnb in Philippines?

Quezon City, Metro Manila leads this ranking for Philippines with 3,736 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Philippines?

Lian, Batangas posts the highest average monthly revenue in this ranking at $1,490. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Philippines?

General Luna, Surigao del Norte has the highest occupancy rate in this comparison at 38.3%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Philippines?

Los Baños, Laguna commands the highest average daily rate at $249 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Philippines have the lowest regulation?

Quezon City (Metro Manila), Pasay (Metro Manila), Cebu City (Central Visayas) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Philippines in 2026?

The markets ranked here average 26.3% occupancy, and the top performer posts $1,490 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Philippines for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Philippines?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Philippines?

First-time investors in Philippines should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Philippines?

Across the markets ranked here, the average occupancy rate in Philippines is 26.3%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Philippines?

Regulation is one of the most overlooked risks in short-term rental investing. In Philippines, 100 of 100 ranked markets have low regulation, 0 have medium, and 0 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Philippines?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Philippines ranking has about 146 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Philippines?

Seasonal markets in Philippines experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-04-08. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

Access Real-Time Airbnb API

This report is powered by our industry-leading Airbnb Data API, providing direct access to live short-term rental data from global markets like Philippines. Use this data to build powerful analytics tools, discover investment opportunities, and inform your vacation rental strategy.

Get API Access