Ilado Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Lagos State, Nigeria
Is Airbnb profitable in Ilado in 2025? Explore comprehensive Airbnb analytics for Ilado, Lagos State, Nigeria to uncover income potential. This 2025 STR market report for Ilado, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 154 active listings.
Whether you're considering an Airbnb investment in Ilado, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Ilado 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 Ilado Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Ilado (2025)
Understanding the monthly revenue variations for Airbnb listings in Ilado 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 Ilado is typically May, while September often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Ilado across different performance tiers:
- Best-in-class properties (Top 10%) achieve $2,307+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $1,294 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $699 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $327, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Ilado
Ilado Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Ilado STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Decembersees the highest demand (peak season occupancy), while September 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 Ilado:
- Best-in-class properties (Top 10%) achieve 65%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 45% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 26%.
- Entry-level properties (Bottom 25%) average 12% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Ilado
Average Daily Rate (ADR) Airbnb Trends in Ilado (2025)
Effective short term rental pricing strategy in Ilado involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Ilado typically peaks in October and dips lowest during November. 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 $217+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $148 or more.
- Typical properties (Median) charge around $90 per night.
- Entry-level properties (Bottom 25%) earn around $58 per night.
Average Daily Rate (ADR) Trend by Month in Ilado
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Airbnb Seasonality Analysis & Trends in Ilado (2025)
Peak Season (May, April, December)
- Revenue averages $1,404 per month
- Occupancy rates average 39.3%
- Daily rates average $116
Shoulder Season
- Revenue averages $934 per month
- Occupancy maintains around 29.1%
- Daily rates hold near $114
Low Season (February, March, September)
- Revenue drops to average $705 per month
- Occupancy decreases to average 26.4%
- Daily rates adjust to average $105
Seasonality Insights for Ilado
- The Airbnb seasonality in Ilado 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 Ilado's highest earning potential, with monthly revenues capable of climbing to $1,455, occupancy reaching a high of 41.7%, and ADRs peaking at $123.
- 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 $698, occupancy could drop to 25.4%, and ADRs may adjust down to $95.
- 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 Ilado.
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 Ilado seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Ilado (2025)
Exploring the top neighborhoods for short-term rentals in Ilado? 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 |
|---|---|---|
| Lekki Phase 1 | A high-demand area known for its upscale residences, proximity to the beach, and vibrant nightlife. Ideal for tourists looking for luxury accommodations and relaxation. | Lekki Conservation Centre, Elegushi Beach, Nike Art Gallery, Lekki Market, The Lekki-Ikoyi Link Bridge |
| Victoria Island | A bustling commercial hub with high-end hotels, restaurants, and nightlife. Popular among business travelers and tourists of all types. | Lekki-Ikoyi Link Bridge, Eko Atlantic, Oniru Beach, National Museum Lagos, Nike Art Gallery |
| Ikoyi | An affluent area with luxurious apartments and proximity to major business districts. Ideal for high-end Airbnb listings catering to business travelers. | Ikoyi Golf Club, Banana Island, National Museum Lagos, Lekki-Ikoyi Link Bridge |
| Surulere | Rich in culture and history, this area attracts visitors looking for a more local experience. Great for budget-friendly Airbnb options. | National Stadium, Bola Ahmed Tinubu Park, Shitta Bey Mosque |
| Agege | A vibrant community known for its street life and local culture. Offers affordable listings with a local twist, attracting budget travelers. | Agege Stadium, Opebi Balogun Festival, Local Markets |
| Yaba | Home to a lively tech hub and vibrant youth culture. Popular among young professionals and students. | Yaba Tech, Fun Factory, National Museum Lagos, Jibowu |
| VI- Lekki Toll Gate | A crucial access point for tourists traveling to the Lekki Peninsula and nearby beaches, making it a prime location for short-term rentals. | Tarkwa Bay Beach, Lekki-Ikoyi Link Bridge, Lekki Leisure Lake, Lekki Conservation Centre |
| Festac Town | Known for its residential areas and cultural festivals, providing an authentic Lagos experience to travelers. | Festac Town 77, Cultural Events, Local Markets |
Understanding Airbnb License Requirements & STR Laws in Ilado (2025)
While Ilado, Lagos State, Nigeria 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 Ilado to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 1% licensed listings)
Top Performing Airbnb Properties in Ilado (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Iladobased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Oceanview 2 Bedroom Smarthome with pool
Entire Place • 2 bedrooms
Beachfront apartment. Best view in Lagos!
Entire Place • 2 bedrooms
Extravagant 2 bed w/Pool & Gym
Entire Place • 2 bedrooms
Amazing apartment with pool in Oniru, VI, Lekki.
Entire Place • 3 bedrooms
Lovely 4 bedrooms apartment with a pool
Entire Place • 4 bedrooms
Premium Seaview Penthouse in Oniru, VI /24HR Power
Entire Place • 2 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Ilado (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Ilado 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 |
|---|---|---|---|---|
| Nwanyieze | 6 | $55,471 | 35 | 3.84/5.0 |
| Arthur | 14 | $47,784 | 110 | 3.81/5.0 |
| The Ninety | 11 | $45,970 | 14 | 0.42/5.0 |
| Oluwadamilare | 1 | $42,935 | 50 | 4.96/5.0 |
| Oluwadamilare | 3 | $40,662 | 36 | 3.15/5.0 |
| Ademimi | 1 | $39,359 | 145 | 4.83/5.0 |
| Davinci Residences | 1 | $34,851 | 10 | 4.70/5.0 |
| Sandra | 7 | $33,890 | 308 | 4.85/5.0 |
| Host #456301539 | 1 | $24,942 | 0 | 0.00/5.0 |
| Nnaemeka Godswill | 2 | $23,728 | 15 | 4.45/5.0 |
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 Ilado.
Dive Deeper: Advanced Ilado STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Ilado. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsIlado Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Ilado
- The Ilado Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 82.5% of the 154 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Ilado, Apartment/Condo properties are the most common (76.6%), reflecting the local real estate landscape.
- Houses represent a significant 16.2% portion, catering likely to families or larger groups.
- The presence of 5.8% Hotel/Boutique listings indicates integration with traditional hospitality.
- Smaller segments like others (combined 1.3%) offer potential for unique stay experiences.
Ilado Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Ilado
- The dominant room capacity in Ilado is 1 bedroom listings, making up 53.2% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 72.7% of the active Airbnb listings in Ilado, indicating a high concentration in these sizes.
- With over half the market (53.2%) consisting of studios or 1-bedroom units, Ilado is particularly well-suited for individuals or couples.
Ilado Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Ilado
- The most common guest capacity trend in Ilado vacation rentals is listings accommodating 2 guests (41.6%). This suggests the primary traveler segment is likely couples or solo travelers.
- Properties designed for 2 guests and 4 guests dominate the Ilado STR market, accounting for 57.8% of listings.
- A significant 42.2% of listings cater specifically to 1-2 guests, highlighting strong demand from couples and solo travelers in Ilado.
- 14.3% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Ilado.
- On average, properties in Ilado are equipped to host 3.2 guests.
Ilado Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Ilado
- The most common availability pattern in Ilado falls within the 271-366 days range, representing 78.6% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 93.5% 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 Ilado (46.1%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 6.5% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Ilado Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
69 listings
47.9% of total
2 Nights
40 listings
27.8% of total
3 Nights
16 listings
11.1% of total
4-6 Nights
7 listings
4.9% of total
30+ Nights
12 listings
8.3% of total
Key Insights
- The most prevalent minimum stay requirement in Ilado is 1 Night, adopted by 47.9% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (75.7%) of the Ilado 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 47.9% of Ilado hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 8.3% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Ilado.
Ilado Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
33 listings
39.8% of total
Moderate
20 listings
24.1% of total
Firm
12 listings
14.5% of total
Strict
18 listings
21.7% of total
Cancellation Policy Insights for Ilado
- The prevailing Airbnb cancellation policy trend in Ilado is Flexible, used by 39.8% of listings.
- There's a relatively balanced mix between guest-friendly (63.9%) and stricter (36.2%) policies, offering choices for different guest needs.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 39.8% market standard in Ilado.
- Regularly review your cancellation policy against competitors and market demand shifts in Ilado.
Ilado STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Ilado
- The overall average booking lead time for vacation rentals in Ilado is 34 days.
- Guests book furthest in advance for stays during October (average 49 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in August (average 10 days), indicating more last-minute travel plans during this time.
- Seasonally, Fall (36 days avg.) sees the longest lead times, while Summer (24 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (34 days) as a baseline for your pricing and availability strategy in Ilado.
- For October stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 49 days out to capitalize on advance planning.
- During August, focus on last-minute booking availability and promotions, as guests book with very short notice (10 days avg.).
- Target marketing efforts for the Fall season well in advance (at least 36 days) to capture early planners.
- Monitor your own booking lead times against these Ilado averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Ilado (2025)
Amenity Prevalence
Amenity Insights for Ilado
- Essential amenities in Ilado that guests expect include: TV, Wifi, Air conditioning, Free parking on premises, Kitchen. Lacking these (any) could significantly impact bookings.
- Popular amenities like Washer, Hot water, Essentials are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Ilado: TV, Wifi, Air conditioning, Free parking on premises, Kitchen.
- Prioritize adding missing essentials: Air conditioning, Free parking on premises, Kitchen.
- Consider adding popular differentiators like Washer or Hot water to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Ilado to stay competitive.
Ilado Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Ilado
- The typical guest profile for Airbnb in Ilado consists of predominantly international visitors (90%), with top international origins including United Kingdom, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or French.
- Domestic travelers account for 10.5% of guests.
- Key international markets include United States (43%) and United Kingdom (18.6%).
- Top languages spoken are English (75.7%) followed by French (7.4%).
- 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 Kingdom.
- 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 Ilado 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 |
|---|---|---|---|---|
| Ibeju | 14 | $1,106 | $115.63 | 40% |
| Eko Atlantic | 11 | $911 | $180.35 | 27% |
| Falomo | 85 | $851 | $164.07 | 30% |
| Ajah | 10 | $670 | $87.81 | 46% |
| Moba | 171 | $541 | $116.71 | 33% |
| Djako Daho | 41 | $534 | $50.61 | 43% |
| Ojomu | 69 | $518 | $80.79 | 33% |
| Ikate | 154 | $510 | $97.72 | 29% |
| Igboefon | 80 | $470 | $96.40 | 30% |
| Lagos | 350 | $466 | $82.16 | 33% |