Abovyan, AM
Part of the Yerevan market area
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Overview
Annual Rev
֏6.7m
12 mo avg
↑24%
from prior 12 mo
Occupancy rate
🔒 6•%
12 mo avg
••.•%
from prior 12 mo
Avg daily rate
🔒 ֏2••••
12 mo avg
••.•%
from prior 12 mo
Lead time
21 days
12 mo avg
↓4 days
from prior 12 mo
Revpar
֏12,828
12 mo avg
↑6%
from prior 12 mo
Methodology note: Figures reflect Yerevan market data as of June 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Supply
Revenue boost by amenity
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Sauna | — | +֏2,844,013 | — | — |
| Pool | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
| Air conditioning | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
| Hot Tub | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
| Washing Machine | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
| Internet | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
| Gym | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
| EV Charger | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
4+ bedrooms (10.8 nights)
1 bedroom (9.5 nights)
3 bedrooms (9.3 nights)
2 bedrooms (9.2 nights)
Cleaning fee by bedroom
4+ bedrooms (AMD 77)
3 bedrooms (AMD 35)
2 bedrooms (AMD 32)
1 bedroom (AMD 23)
Professional host share
Professionally managed (87%)
Independent hosts (13%)
As of June 2026, Yerevan has 2,276 active Airbnb and VRBO listings. This represents a 8% decrease from the previous year.
The average Airbnb or VRBO in Yerevan generates AMD4.3M per year. High-performing properties earn AMD11.4M/year, while low-performing properties earn AMD1.3M/year. This wide disparity suggests that market returns are highly sensitive to property positioning, as the revenue ceiling significantly outpaces the average despite a contraction in total supply.
Airbnb and VRBO can be profitable in Yerevan. Average annual revenue is AMD4.3M with 40% occupancy. High-performing properties earn up to AMD11.4M/year. The delta between high and average performers highlights that top-tier assets are capturing a disproportionate share of demand, effectively insulating them from broader market fluctuations in supply.
The average occupancy rate for Airbnbs and VRBOs in Yerevan is 40%. This occupancy level, combined with an average nightly rate of AMD30K, results in a RevPAR (revenue per available room) of AMD8K per day.
4+ bedroom properties demonstrate the strongest performance in Yerevan, with annual revenue of AMD5.1M. These properties balance operating costs and rental demand most effectively in the Yerevan market. Property performance varies significantly by location, amenities, and management quality.
Short-term rental regulations vary by jurisdiction in the Yerevan area. Yerevan: Lenient. No specific short-term rental regulations or licensing requirements. Hosts operate freely on platforms like Airbnb without permits. Tax obligations exist but enforcement is minimal. No owner-occupancy rules or rental caps. Market operates largely unregulated with very light oversight. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.
The Yerevan Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 8% year-over-year, while RevPAR has increased 0%. This indicates balanced supply-demand dynamics. The stability in revenue despite lower inventory points to a market reaching a saturation equilibrium where current demand levels are sufficient to sustain existing active listings.
Launch around January, 2-3 months before peak fall season (April peaks). This pre-peak timing lets you build reviews when competition is -37% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (June-February) when gaining traction is harder.
The most common amenities in Yerevan listings include: Washing Machine (98%), Air Conditioning (97%), Kitchen (96%), Tv (94%), Heating (89%). Amenities that boost revenue the most include Air Conditioning, Hot Tub, Internet, with Air Conditioning properties earning approximately 37% more (AMD7.2M/year vs AMD5.2M/year).
Monthly estimated revenue per listing in Yerevan over the last 12 months: May: AMD199K, June: AMD201K, July: AMD271K, August: AMD289K, September: AMD287K, October: AMD306K, November: AMD207K, December: AMD212K, January: AMD213K, February: AMD152K, March: AMD254K, April: AMD344K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.
The overall average nightly rate in Yerevan is AMD30K, up 15% year-over-year. By property size: 1-bedroom properties average AMD27K/night, 2-bedroom properties average AMD36K/night, 3-bedroom properties average AMD53K/night, 4+ bedroom properties average AMD86K/night. Rates peak in September and are lowest in February.
Guests in Yerevan book an average of 20 days in advance, down 29% from last year. By property size: 1-bedroom: 18 days, 2-bedroom: 21 days, 3-bedroom: 27 days, 4+ bedroom: 29 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.
Over the past year, the Yerevan Airbnb and VRBO market has seen the following changes: supply declined 8%, revenue per listing increased 0%, occupancy rose 15%, average nightly rates increased 15%, and lead time decreased 29%. These metrics reflect a tightening market where reduced competition is forcing higher utilization and faster booking cycles for remaining inventory.
In Yerevan, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Wednesday.