Shangisha Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Lagos State, Nigeria

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Shangisha in 2025? Explore comprehensive Airbnb analytics for Shangisha, Lagos State, Nigeria to uncover income potential. This 2025 STR market report for Shangisha, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 29 active listings.

Whether you're considering an Airbnb investment in Shangisha, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Shangisha 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 Shangisha Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$56
The average rental revenue earned for an occupied room per day in Shangisha.
Occupancy Rate(?)
30.9%
Moderate demand with booking opportunities.
Median Annual Revenue(?)
$4,382
Typical annual income for an Airbnb listing in Shangisha. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
95.7%
Strong growth (95.7%) vs. last year.
Peak Revenue Month(?)
April
The month with the highest average earnings, indicating peak season in Shangisha.
Lowest Revenue Month(?)
August
The month with the lowest average earnings, indicating the low season in Shangisha.
STR Regulation Level(?)
Low
Fewer regulations, offering more operational flexibility.
Active Airbnb Listings(?)
29
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Shangisha (2025)

Understanding the monthly revenue variations for Airbnb listings in Shangisha 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 Shangisha is typically April, while August often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Shangisha across different performance tiers:

  • Best-in-class properties (Top 10%) achieve $1,450+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $1,006 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $446 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $160, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Shangisha

Shangisha Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Shangisha STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Decembersees the highest demand (peak season occupancy), while June 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 Shangisha:

  • Best-in-class properties (Top 10%) achieve 70%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 49% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 29%.
  • Entry-level properties (Bottom 25%) average 12% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Shangisha

Average Daily Rate (ADR) Airbnb Trends in Shangisha (2025)

Effective short term rental pricing strategy in Shangisha involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Shangisha typically peaks in July 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 $117+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $77 or more.
  • Typical properties (Median) charge around $47 per night.
  • Entry-level properties (Bottom 25%) earn around $27 per night.

Average Daily Rate (ADR) Trend by Month in Shangisha

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Airbnb Seasonality Analysis & Trends in Shangisha (2025)

Peak Season (April, December, May)
  • Revenue averages $836 per month
  • Occupancy rates average 35.7%
  • Daily rates average $60
Shoulder Season
  • Revenue averages $645 per month
  • Occupancy maintains around 33.8%
  • Daily rates hold near $60
Low Season (February, August, September)
  • Revenue drops to average $528 per month
  • Occupancy decreases to average 32.5%
  • Daily rates adjust to average $61

Seasonality Insights for Shangisha

  • The Airbnb seasonality in Shangisha shows moderate seasonality with distinct peak and low periods. 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 Shangisha's highest earning potential, with monthly revenues capable of climbing to $851, occupancy reaching a high of 51.4%, and ADRs peaking at $64.
  • 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 $467, occupancy could drop to 20.6%, and ADRs may adjust down to $56.
  • 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 Shangisha.

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 Shangisha seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Shangisha (2025)

Exploring the top neighborhoods for short-term rentals in Shangisha? 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 / AreaWhy Host Here? (Target Guests & Appeal)Key Attractions & Landmarks
Lekki
A fast-developing area known for its proximity to the beach and upscale lifestyle. Popular with tourists and business travelers, offering a range of entertainment and leisure activities.
Lekki Conservation Centre, Elegushi Beach, Nike Art Gallery, Lekki Arts and Crafts Market, The Elevate Lounge
Ikeja
The capital of Lagos State, Ikeja is surrounded by commercial and social amenities, making it ideal for corporate travelers and tourists.
Ikeja City Mall, National Museum Lagos, JIbowu Wills Memorial park, Fela’s Shrine, Lagoon Front
Victoria Island
An affluent area in Lagos known for its business district and luxury accommodations. This area attracts both leisure and business travelers.
Lekki-Ikoyi Link Bridge, Oniru Beach, Nike Art Gallery, Four Points by Sheraton, Elegushi Royal Beach
Surulere
Known for its rich local culture and proximity to sporting events, Surulere attracts families and locals alike, offering a mix of social activities.
National Stadium, Shitta-Balogun Stadium, Bode Thomas Market, Irefin Market, Mapo Hall
Eko Atlantic
A modern development aimed at creating a sustainable city. It's an exciting area for tourists looking for a futuristic living experience.
Eko Atlantic, Bar Beach, The Lagos Marina, Landmark Village, Tarkwa Bay Beach
Yaba
Known for its tech hubs and universities, Yaba attracts young professionals and students, offering vibrant nightlife and cultural experiences.
National Theatre, Yabatech, Jibowu Street, Tech hubs and start-ups, Cultural centers
Ikoyi
A residential and commercial area celebrated for its luxury apartments and high-end amenities, attracting affluent travelers.
Ikoyi Club 1938, Lekki-Ikoyi Link Bridge, Glover Memorial Hall, The National Museum, Landmark Centre
Mushin
A bustling area known for its markets and vibrant street life, offering an authentic Lagos experience for adventurous travelers.
Mushin Market, Olowora Market, Cultural festivals, Street food experiences, Local crafts and art

Understanding Airbnb License Requirements & STR Laws in Shangisha (2025)

While Shangisha, 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 Shangisha to ensure full compliance before hosting.

(Source: AirROI data, 2025, finding no licensed listings among those analyzed)

Top Performing Airbnb Properties in Shangisha (2025)

Benchmark your potential! Explore examples of top-performing Airbnb properties in Shangishabased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.

Melbourne Oasis-4 BD Luxe Duplex

Melbourne Oasis-4 BD Luxe Duplex

Entire Place • 4 bedrooms

$24,616
Revenue
36.7%
Occupancy
$127.17
Daily Rate
Luxury 1 Bedroom in Magodo GRA Phase 2 Shangisha

Luxury 1 Bedroom in Magodo GRA Phase 2 Shangisha

Entire Place • 1 bedroom

$15,967
Revenue
77.5%
Occupancy
$51.39
Daily Rate
The destination Homes- 3 Bedroom in Magodo Phase 2

The destination Homes- 3 Bedroom in Magodo Phase 2

Entire Place • 3 bedrooms

$15,060
Revenue
54.1%
Occupancy
$70.46
Daily Rate
Cozy 2 bedroom apartment in Magodo GRA Phase 2

Cozy 2 bedroom apartment in Magodo GRA Phase 2

Entire Place • 1 bedroom

$13,174
Revenue
61.4%
Occupancy
$50.91
Daily Rate
Sapphire Res. by Crystal Magodo 2Bed

Sapphire Res. by Crystal Magodo 2Bed

Entire Place • 2 bedrooms

$9,423
Revenue
45.6%
Occupancy
$85.57
Daily Rate
Luxury 1-bedroom w 24h light in Magodo GRA Phase 2

Luxury 1-bedroom w 24h light in Magodo GRA Phase 2

Entire Place • 1 bedroom

$7,403
Revenue
48.3%
Occupancy
$45.93
Daily Rate

Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.

Top Performing Airbnb Hosts in Shangisha (2025)

Learn from the best! This table showcases top-performing Airbnb hosts in Shangisha based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.

Host NamePropertiesGrossing RevenueStay ReviewsAvg Rating
Ali2$28,234374.44/5.0
Jadesola3$26,031103.08/5.0
Bola4$16,93031.17/5.0
Adewale1$15,967364.97/5.0
Segun9$9,7613174.56/5.0
Francis1$7,403254.80/5.0
Moniesede1$6,63364.83/5.0
Kunle2$5,991574.91/5.0
Tosin2$4,99562.50/5.0
Gbenga1$2,99774.86/5.0

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 Shangisha.

Dive Deeper: Advanced Shangisha STR Market Data (2025)

Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Shangisha. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.

Explore Advanced Metrics

Shangisha Short-Term Rental Market Composition (2025): Property & Room Types

Room Type Distribution

Property Type Distribution

Market Composition Insights for Shangisha

  • The Shangisha Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 89.7% of the 29 active rentals. This indicates strong guest preference for privacy and space.
  • Looking at the property type distribution in Shangisha, Apartment/Condo properties are the most common (86.2%), reflecting the local real estate landscape.

Shangisha Airbnb Room Capacity Analysis (2025): Bedroom Distribution

Distribution of Listings by Number of Bedrooms

Room Capacity Insights for Shangisha

  • The dominant room capacity in Shangisha is 1 bedroom listings, making up 37.9% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 1 bedroom and 2 bedrooms properties represent 68.9% of the active Airbnb listings in Shangisha, indicating a high concentration in these sizes.

Shangisha Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Shangisha

  • The most common guest capacity trend in Shangisha vacation rentals is listings accommodating 2 guests (34.5%). This suggests the primary traveler segment is likely couples or solo travelers.
  • Properties designed for 2 guests and 5 guests dominate the Shangisha STR market, accounting for 48.3% of listings.
  • 20.6% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Shangisha.
  • On average, properties in Shangisha are equipped to host 3.8 guests.

Shangisha Airbnb Booking Patterns (2025): Available vs. Booked Days

Available Days Distribution

Booked Days Distribution

Booking Pattern Insights for Shangisha

  • The most common availability pattern in Shangisha falls within the 271-366 days range, representing 69% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 86.2% 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 Shangisha (44.8%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 13.7% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.

Shangisha Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (55.2%)

1 Night

16 listings

55.2% of total

2 Nights (31%)

2 Nights

9 listings

31% of total

3 Nights (6.9%)

3 Nights

2 listings

6.9% of total

4-6 Nights (3.4%)

4-6 Nights

1 listings

3.4% of total

30+ Nights (3.4%)

30+ Nights

1 listings

3.4% of total

Key Insights

  • The most prevalent minimum stay requirement in Shangisha is 1 Night, adopted by 55.2% of listings. This highlights the market's preference for shorter, flexible bookings.
  • A strong majority (86.2%) of the Shangisha 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 55.2% of Shangisha hosts use this setting.
  • Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Shangisha.

Shangisha Airbnb Cancellation Policy Trends Analysis (2025)

Flexible (28.6%)

Flexible

6 listings

28.6% of total

Moderate (19%)

Moderate

4 listings

19% of total

Firm

1 listings

4.8% of total

Strict (47.6%)

Strict

10 listings

47.6% of total

Cancellation Policy Insights for Shangisha

  • The prevailing Airbnb cancellation policy trend in Shangisha is Strict, used by 47.6% of listings.
  • A majority (52.4%) of hosts in Shangisha 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 47.6% market standard in Shangisha.
  • With 47.6% using Strict terms, this is a viable option in Shangisha, particularly for high-value properties or during peak demand periods.
  • Regularly review your cancellation policy against competitors and market demand shifts in Shangisha.

Shangisha STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Shangisha

  • The overall average booking lead time for vacation rentals in Shangisha is 24 days.
  • Guests book furthest in advance for stays during May (average 67 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in June (average 7 days), indicating more last-minute travel plans during this time.
  • Seasonally, Summer (37 days avg.) sees the longest lead times, while Fall (25 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (24 days) as a baseline for your pricing and availability strategy in Shangisha.
  • For May stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 67 days out to capitalize on advance planning.
  • During June, focus on last-minute booking availability and promotions, as guests book with very short notice (7 days avg.).
  • Target marketing efforts for the Summer season well in advance (at least 37 days) to capture early planners.
  • Monitor your own booking lead times against these Shangisha averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Shangisha (2025)

Amenity Prevalence

Amenity Insights for Shangisha

  • Essential amenities in Shangisha that guests expect include: Kitchen, TV, Air conditioning. Lacking these (any) could significantly impact bookings.
  • Popular amenities like Free parking on premises, Washer, Essentials are common but not universal. Offering these can provide a competitive edge.

Recommendations for Hosts

  • Ensure your listing includes all essential amenities for Shangisha: Kitchen, TV, Air conditioning.
  • Prioritize adding missing essentials: TV, Air conditioning.
  • Consider adding popular differentiators like Free parking on premises or Washer 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 Shangisha to stay competitive.

Shangisha Airbnb Guest Demographics & Profile Analysis (2025)

Guest Origin: Domestic vs. International
Top 5 Cities of Origin
Top 5 Countries of Origin
Top 5 Languages Spoken
Guest Age Distribution (Birth Decade)

Guest Profile Summary for Shangisha

  • The typical guest profile for Airbnb in Shangisha 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 Spanish.
  • Domestic travelers account for 9.8% of guests.
  • Key international markets include United States (41.2%) and United Kingdom (17.6%).
  • Top languages spoken are English (75%) followed by Spanish (7.5%).
  • 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 Shangisha 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.

MarketActive PropertiesMonthly RevenueDaily RateAvg. Occupancy
Ibeju14$1,106$115.6340%
Eko Atlantic11$911$180.3527%
Falomo85$851$164.0730%
Ajah10$670$87.8146%
Moba171$541$116.7133%
Djako Daho41$534$50.6143%
Ojomu69$518$80.7933%
Ikate154$510$97.7229%
Igboefon80$470$96.4030%
Lagos350$466$82.1633%

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