Ørðavík Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Suðuroy region, Faroe Islands
Is Airbnb profitable in Ørðavík in 2025? Explore comprehensive Airbnb analytics for Ørðavík, Suðuroy region, Faroe Islands to uncover income potential. This 2025 STR market report for Ørðavík, based on AirROI data from July 2024 to June 2025, reveals key trends in the niche market of 20 active listings.
Whether you're considering an Airbnb investment in Ørðavík, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Ørðavík Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Ørðavík Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Ørðavík (2025)
Understanding the monthly revenue variations for Airbnb listings in Ørðavík is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Ørðavík is typically May, while November often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Ørðavík across different performance tiers:
- Best-in-class properties (Top 10%) achieve $1,977+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $930 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $399 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $239, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Ørðavík
Ørðavík Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Ørðavík STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Maysees the highest demand (peak season occupancy), while February experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Ørðavík:
- Best-in-class properties (Top 10%) achieve 25%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 17% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 9%.
- Entry-level properties (Bottom 25%) average 5% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Ørðavík
Average Daily Rate (ADR) Airbnb Trends in Ørðavík (2025)
Effective short term rental pricing strategy in Ørðavík involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Ørðavík typically peaks in June and dips lowest during February. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $173+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $161 or more.
- Typical properties (Median) charge around $110 per night.
- Entry-level properties (Bottom 25%) earn around $99 per night.
Average Daily Rate (ADR) Trend by Month in Ørðavík
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Airbnb Seasonality Analysis & Trends in Ørðavík (2025)
Peak Season (May, June, January)
- Revenue averages $1,046 per month
- Occupancy rates average 18.6%
- Daily rates average $135
Shoulder Season
- Revenue averages $701 per month
- Occupancy maintains around 11.8%
- Daily rates hold near $133
Low Season (March, October, November)
- Revenue drops to average $527 per month
- Occupancy decreases to average 9.0%
- Daily rates adjust to average $132
Seasonality Insights for Ørðavík
- The Airbnb seasonality in Ørðavík shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Ørðavík's highest earning potential, with monthly revenues capable of climbing to $1,402, occupancy reaching a high of 27.6%, and ADRs peaking at $142.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $469, occupancy could drop to 7.1%, and ADRs may adjust down to $127.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Ørðavík.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Ørðavík seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Ørðavík (2025)
Exploring the top neighborhoods for short-term rentals in Ørðavík? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Ørðavík Village Center | Charming village that serves as a gateway to the stunning nature of Suðuroy. Ideal for guests looking to experience authentic Faroese culture and local hospitality. | Local restaurants, Cultural sites, Stunning coastal views |
| Sandvík | A picturesque coastal village known for its dramatic cliffs and beautiful hiking trails. Popular for outdoor enthusiasts and nature lovers seeking tranquility away from city life. | Hiking in the cliffs, Stóra Dímun island views, Sheltered beach areas |
| Frydal | A serene location with scenic views over the ocean. Perfect for guests wanting a peaceful retreat surrounded by nature. | Fishing opportunities, Nature walks, Birdwatching spots |
| Tvøroyri | One of the larger towns in Suðuroy that offers basic amenities and a lively atmosphere. Great for families and travelers looking for local experiences. | Historical museum, Local shops, Harbor views |
| Hvalba | Known for its beautiful landscapes and rich fishing history. Attractive for those who enjoy outdoor activities and cultural insights. | Old fishing village, Coastal hikes, Natural beauty |
| Sumba | A quaint village famous for its traditional Faroese houses and breathtaking surroundings. Ideal for tourists seeking quiet and picturesque scenery. | Traditional architecture, Close to hiking trails, Secluded beaches |
| Akraberg | Home to the southernmost point of the Faroe Islands, offering breathtaking views of the ocean and surrounding landscapes. A unique spot for photography enthusiasts. | Lighthouse views, Birdwatching, Stargazing opportunities |
| Lítluvík | A hidden gem for travelers looking for a tranquil escape. It's an excellent spot for exploring nature and enjoying peace away from the busier areas. | Secluded beaches, Natural reserves, Calm atmosphere |
Understanding Airbnb License Requirements & STR Laws in Ørðavík (2025)
While Ørðavík, Suðuroy region, Faroe Islands currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Ørðavík to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Ørðavík (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Ørðavíkbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Stunning Ocean View Penthouse Apartment
Entire Place • 4 bedrooms
Faroe Islands - Sigmundarstova
Entire Place • 3 bedrooms
The Ultimate Fjord-Side Getaway
Entire Place • N/A
Gist, Room number 165
Private Room • 1 bedroom
Øravíkarlíð Retreat: A Private Paradise
Entire Place • 3 bedrooms
Gist, Room number 153
Private Room • 1 bedroom
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Ørðavík (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Ørðavík based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Gestablídni | 3 | $44,947 | 61 | 4.65/5.0 |
| Arnbjørn | 10 | $16,910 | 114 | 4.61/5.0 |
| Winnie | 1 | $12,890 | 73 | 4.95/5.0 |
| Arnbjørn | 5 | $5,469 | 14 | 4.69/5.0 |
| Sara | 1 | $2,077 | 3 | 5.00/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Ørðavík.
Dive Deeper: Advanced Ørðavík STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Ørðavík. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsØrðavík Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Ørðavík
- The Ørðavík Airbnb market composition is heavily skewed towards Private Room listings, which make up 75% of the 20 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Ørðavík, Hotel/Boutique properties are the most common (50%), reflecting the local real estate landscape.
- Houses represent a significant 35% portion, catering likely to families or larger groups.
- The presence of 50% Hotel/Boutique listings indicates integration with traditional hospitality.
Ørðavík Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Ørðavík
- The dominant room capacity in Ørðavík is 1 bedroom listings, making up 60% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 3 bedrooms properties represent 70.0% of the active Airbnb listings in Ørðavík, indicating a high concentration in these sizes.
- With over half the market (60%) consisting of studios or 1-bedroom units, Ørðavík is particularly well-suited for individuals or couples.
Ørðavík Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Ørðavík
- The most common guest capacity trend in Ørðavík vacation rentals is listings accommodating 3 guests (40%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 3 guests and 4 guests dominate the Ørðavík STR market, accounting for 60.0% of listings.
- 15.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Ørðavík.
- On average, properties in Ørðavík are equipped to host 3.3 guests.
Ørðavík Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Ørðavík
- The most common availability pattern in Ørðavík falls within the 271-366 days range, representing 100% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 100.0% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 1-30 days range is most frequent in Ørðavík (80%), reflecting common guest stay durations or potential owner blocking patterns.
Ørðavík Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
12 listings
85.7% of total
2 Nights
1 listings
7.1% of total
30+ Nights
1 listings
7.1% of total
Key Insights
- The most prevalent minimum stay requirement in Ørðavík is 1 Night, adopted by 85.7% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (92.8%) of the Ørðavík Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 85.7% of Ørðavík hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 7.1% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Ørðavík.
Ørðavík Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
2 listings
10% of total
Moderate
5 listings
25% of total
Strict
13 listings
65% of total
Cancellation Policy Insights for Ørðavík
- The prevailing Airbnb cancellation policy trend in Ørðavík is Strict, used by 65% of listings.
- A majority (65.0%) of hosts in Ørðavík utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 65% market standard in Ørðavík.
- With 65% using Strict terms, this is a viable option in Ørðavík, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Ørðavík.
Ørðavík STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Ørðavík
- The overall average booking lead time for vacation rentals in Ørðavík is 29 days.
- Guests book furthest in advance for stays during May (average 114 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 14 days), indicating more last-minute travel plans during this time.
- Seasonally, Spring (60 days avg.) sees the longest lead times, while Fall (22 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (29 days) as a baseline for your pricing and availability strategy in Ørðavík.
- For May stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 114 days out to capitalize on advance planning.
- During January, focus on last-minute booking availability and promotions, as guests book with very short notice (14 days avg.).
- Target marketing efforts for the Spring season well in advance (at least 60 days) to capture early planners.
- Monitor your own booking lead times against these Ørðavík averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Ørðavík (2025)
Amenity data is currently unavailable for Ørðavík.
Ørðavík Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Ørðavík
- The typical guest profile for Airbnb in Ørðavík consists of predominantly international visitors (78%), with top international origins including United States, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or German.
- Domestic travelers account for 22.5% of guests.
- Key international markets include Faroe Islands (22.5%) and United States (12.5%).
- Top languages spoken are English (37.9%) followed by German (9.1%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Focus marketing internationally, particularly towards travelers from United States.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Ørðavík Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Gásadalur | 10 | $2,825 | $213.92 | 54% |
| Leynar | 18 | $2,172 | $227.69 | 46% |
| Miðvágur | 26 | $1,933 | $155.89 | 61% |
| Sandavágur | 20 | $1,678 | $202.79 | 52% |
| Strendur | 11 | $1,647 | $191.68 | 51% |
| Klaksvik | 56 | $1,615 | $160.93 | 48% |
| Sandur | 11 | $1,600 | $216.30 | 38% |
| Tórshavn | 269 | $1,445 | $179.90 | 46% |
| Vestmanna | 18 | $1,393 | $174.44 | 45% |
| Gjógv | 12 | $1,358 | $187.17 | 48% |