Hangzhou
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Overview
Annual Rev
¥4.2k
12 mo avg
Occupancy rate
🔒 2%
12 mo avg
Avg daily rate
🔒 ¥5••
12 mo avg
Lead time
41 days
12 mo avg
Revpar
¥11
12 mo avg
Methodology note: Figures reflect Hangzhou market data as of May 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
No amenity impact data available.
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
As of May 2026, Hangzhou, Shaoxing, Jiaxing have 1,844 active Airbnb and VRBO listings. This represents a 0% increase from the previous year.
The average Airbnb or VRBO in Hangzhou generates ¥2K per year. High-performing properties earn ¥22K/year, while low-performing properties earn ¥347.97/year. The extreme variance between top-tier earnings and the average suggests that revenue is highly concentrated in a small subset of listings, indicating that market success is not evenly distributed despite stagnant supply.
Airbnb and VRBO can be profitable in Hangzhou. Average annual revenue is ¥2K with 1% occupancy. High-performing properties earn up to ¥22K/year. With occupancy at only 1%, the revenue gap highlights a polarized landscape where only a fraction of units achieve significant utilization, while the broader market remains largely inactive.
The average occupancy rate for Airbnbs and VRBOs in Hangzhou is 1%. This occupancy level, combined with an average nightly rate of ¥277, results in a RevPAR (revenue per available room) of ¥9 per day.
4+ bedroom properties demonstrate the strongest performance in Hangzhou, with annual revenue of ¥22K. These properties balance operating costs and rental demand most effectively in the Hangzhou market. Property performance varies significantly by location, amenities, and management quality.
Short-term rental regulations vary by jurisdiction in the Hangzhou area. Hangzhou: Moderate. Registration with police required for stays under 30 days, business license needed. Platform compliance enforced, but many hosts operate informally in residential areas with sporadic checks. Shaoxing: Lenient. Basic business registration and police filing theoretically required. Minimal enforcement, hosts widely operate without formal permits, especially outside tourist zones. Jiaxing: Lenient. Registration requirements exist but rarely enforced. Many unlicensed operators, authorities focus on safety issues rather than compliance verification. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.
The Hangzhou Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 0% year-over-year, while RevPAR has increased 0%. This indicates balanced supply-demand dynamics. Stagnant growth metrics suggest a mature market plateau where competition is not currently driven by new inventory influx, resulting in consistent but constrained revenue potential.
Launch around July, 2-3 months before peak fall season (October peaks). This pre-peak timing lets you build reviews when competition is 100% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (July-September) when gaining traction is harder.
Monthly estimated revenue per listing in Hangzhou over the last 12 months: October: ¥2K, November: ¥662, December: ¥542, January: ¥11, February: ¥0, March: ¥0, April: ¥0, May: ¥0, June: ¥0, July: ¥0, August: ¥0, September: ¥0. 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 Hangzhou is ¥277, up 0% year-over-year. By property size: 1-bedroom properties average ¥151/night, 2-bedroom properties average ¥79/night, 3-bedroom properties average ¥269/night, 4+ bedroom properties average ¥985/night. Rates peak in November and are lowest in October.
Guests in Hangzhou book an average of 41 days in advance. By property size: 1-bedroom: 41 days, 2-bedroom: 17 days, 3-bedroom: 44 days, 4+ bedroom: 42 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.
Over the past year, the Hangzhou Airbnb and VRBO market has seen the following changes: supply grew 0%, revenue per listing increased 0%, occupancy rose 0%, average nightly rates increased 0%, and lead time increased 0%. These static indicators reflect an environment where market equilibrium has settled, leaving little room for organic growth without external demand shifts.
In Hangzhou, Monday sees the highest booking demand while Saturday has the lowest. Nightly rates peak on Saturday and are lowest on Monday. Weekends show 8% lower occupancy than weekdays.