Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated July 10, 2026
Best Airbnb Markets in China
Hong Kong is the top China short-term rental market across Airbnb and Vrbo by annual revenue, with $166,445 in average annual revenue, 51% occupancy, and 415 active listings.
Top revenue market
Hong Kong
$166.4K
Median annual revenue
$378.4
Average listing revenue
Median occupancy
0%
Adjusted occupancy
Tracked markets
8
Countrywide market coverage
Top 10 China Airbnb and Vrbo Markets
#1
Hong Kong
BNBCalc tracks Hong Kong as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$166.4K
Occupancy
51%
Listings
415
#2
Hangzhou
BNBCalc tracks Hangzhou as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$2.5K
Occupancy
2%
Listings
--
#3
Xian
BNBCalc tracks Xian as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$1.1K
Occupancy
3%
Listings
--
#4
Shanghai
BNBCalc tracks Shanghai as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$378.4
Occupancy
0%
Listings
--
#5
Guangzhou
BNBCalc tracks Guangzhou as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$199.6
Occupancy
0%
Listings
--
#6
Chengdu
BNBCalc tracks Chengdu as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$175.9
Occupancy
0%
Listings
--
#7
Chongqing
BNBCalc tracks Chongqing as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$56.0
Occupancy
0%
Listings
--
#8
Beijing
BNBCalc tracks Beijing as a China short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$0.0
Occupancy
0%
Listings
--
All China Short-Term Rental Markets
Every market below links to its full BNBCalc market page. Non-US country rankings use annual revenue first because gross yield requires property value metadata that is currently US-only.
Active listings are Airbnb and Vrbo listings observed as active in the selected country market metadata. Annual revenue uses ADR, adjusted occupancy, and estimated cleaning revenue when cleaning and stay data exists.
Outside the US, BNBCalc ranks country market pages by average annual revenue until property-value coverage is available for international gross yield. Annual revenue is useful for identifying demand and pricing power, but investors should still review acquisition cost, taxes, seasonality, regulations, and operating expenses before comparing returns.
Frequently Asked Questions About China Airbnb and Vrbo Markets
Hong Kong is the top China short-term rental market for Airbnb and Vrbo investors by annual revenue in this BNBCalc dataset, with $166,445 in average annual revenue, 51% occupancy, and 415 active listings.
Non-US country pages are ranked by average annual revenue because gross yield requires property-value metadata that is currently strongest in the US. ADR, occupancy, and active Airbnb and Vrbo listings are shown to add demand and supply context.
Gross yield requires both revenue and property-value metadata. BNBCalc does not yet have consistent international property-value coverage, so annual revenue is the cleaner primary ranking metric for non-US country pages.
No. Annual revenue is useful for identifying demand and pricing power, but investors should still review acquisition cost, regulations, seasonality, taxes, financing, insurance, and operating expenses before comparing returns.
