Shanghai
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Overview
Annual Rev
¥378
12 mo avg
Occupancy rate
0%
12 mo avg
Avg daily rate
¥493
12 mo avg
Lead time
29 days
12 mo avg
Revpar
¥2
12 mo avg
Methodology note: Figures reflect Shanghai 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
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
Over the 12 months ending October 2023, the Shanghai market averaged 5,535 active Airbnb and VRBO listings, up 63% from a year earlier.
An average Shanghai listing earns ¥338.036/year. High-performing listings earn ¥3K, while low-performing listings earn ¥16.128.
Average occupancy in Shanghai is 0%, producing RevPAR of ¥2 per available night.
4+ bedroom listings generate the highest average annual revenue in Shanghai, at ¥1K.
Rules vary across Shanghai. Shanghai: Strict. Requires business license, public security registration, fire safety approval. Foreign owners face additional restrictions. Active enforcement with police checks and platform monitoring. Suzhou: Moderate. Business registration and tax compliance required. Police registration mandatory for guests. Moderate enforcement, focused on unregistered properties. Hangzhou: Moderate. Business license, fire safety standards, guest registration required. Enforcement varies by district, stricter near tourist areas and during major events. Verify requirements for the property's jurisdiction.
The Shanghai Airbnb and VRBO market shows signs of oversaturation. Supply has grown 63% year-over-year, while RevPAR has decreased 97%, suggesting supply is outpacing demand.
Average daily rate in Shanghai is ¥135, down 88% year-over-year. Rates peak in November and are lowest in December.
Guests in Shanghai book an average of 29 days in advance, down 79% from last year. Booking windows range from 28 days for 4+ bedroom listings to 31 days for 3-bedroom listings.
Booking demand is highest on Sunday and lowest on Friday. Nightly rates peak on Saturday and are lowest on Wednesday. Weekend occupancy is 14% lower than weekday occupancy.