Echmiadzin, AM
Part of the Yerevan market area
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Overview
Annual Rev
֏7.3m
12 mo avg
↑24%
from prior 12 mo
Occupancy rate
60%
12 mo avg
↑4%
from prior 12 mo
Avg daily rate
֏29,988
12 mo avg
↑16%
from prior 12 mo
Lead time
23 days
12 mo avg
↓1 days
from prior 12 mo
Revpar
֏13,189
12 mo avg
↑13%
from prior 12 mo
Methodology note: Figures reflect Yerevan market data as of September 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 |
|---|---|---|---|---|
| Pool | — | +֏3,612,588 | — | — |
| Sauna | 🔒 5 (•%) | 🔒 +֏3•••••• (+••%) | 🔒 ֏1••••••• | 🔒 ֏7•••••• |
| Hot Tub | 🔒 7• (•%) | 🔒 +֏1•••••• (+••%) | 🔒 ֏8•••••• | 🔒 ֏7•••••• |
| Air conditioning | 🔒 1••• (••%) | 🔒 +֏1•••••• (+••%) | 🔒 ֏7•••••• | 🔒 ֏6•••••• |
| TV | 🔒 1••• (••%) | 🔒 +֏1•••••• (+••%) | 🔒 ֏7•••••• | 🔒 ֏6•••••• |
| Washing Machine | 🔒 1••• (••%) | 🔒 +֏7••••• (+••%) | 🔒 ֏7•••••• | 🔒 ֏6•••••• |
| Internet | 🔒 1••• (••%) | 🔒 +֏5••••• (+•%) | 🔒 ֏7•••••• | 🔒 ֏7•••••• |
| Heating | 🔒 1••• (••%) | 🔒 +֏1••••• (+•%) | 🔒 ֏7•••••• | 🔒 ֏7•••••• |
| EV Charger | 🔒 1• (•%) | 🔒 +֏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
3 bedrooms (11.2 nights)
4+ bedrooms (11.1 nights)
1 bedroom (9.2 nights)
2 bedrooms (8.9 nights)
Studio (7.7 nights)
Cleaning fee by bedroom
4+ bedrooms (AMD 82)
2 bedrooms (AMD 32)
3 bedrooms (AMD 31)
1 bedroom (AMD 23)
Studio (AMD 20)
Professional host share
Professionally managed (86%)
Independent hosts (14%)
Over the 12 months ending August 2026, the Yerevan market averaged 2,325 active Airbnb and VRBO listings, down 0% from a year earlier and up 22% over two years.
An average Yerevan listing earns AMD5.3M/year. High-performing listings earn AMD12.9M, while low-performing listings earn AMD1.8M.
Average occupancy in Yerevan is 44%, producing RevPAR of AMD10K per available night.
4+ bedroom listings generate the highest average annual revenue in Yerevan, at AMD7.1M.
Rules vary across Yerevan. Yerevan: Lenient. No specific short-term rental regulations or licensing requirements. Hosts operate freely without permits or registration. Tax obligations exist but enforcement is minimal. No owner-occupancy rules or rental caps. Very light enforcement overall. Verify requirements for the property's jurisdiction.
The Yerevan Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 0% year-over-year, while RevPAR has increased 39%, suggesting demand is outpacing available supply.
RevPAR is highest in July and August; it is lowest in February and December.
The most common amenities are Washing Machine (97%), Air Conditioning (97%), Kitchen (96%). The strongest positive revenue associations are Air Conditioning (+16%), Washing Machine (+9%), TV (+8%).
Average daily rate in Yerevan is AMD32K, up 18% year-over-year. Rates peak in August and are lowest in February.
Guests in Yerevan book an average of 22 days in advance, down 4% from last year. Booking windows range from 20 days for 1-bedroom listings to 29 days for 3-bedroom listings.
Booking demand is highest on Friday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Wednesday.