Red Sea Governorate

As of May 2026, Hurghada, Marsa Alam, El Gouna have 2,965 active Airbnb and VRBO listings. This represents a 1% increase from the previous year.

The average Airbnb or VRBO in Red Sea Governorate generates EGP530K per year. High-performing properties earn EGP2.2M/year, while low-performing properties earn EGP156K/year. This massive revenue variance highlights a bifurcated market where top-tier assets capture significantly larger market shares, far outpacing the stagnant average performance currently seen across the region.

Airbnb and VRBO can be profitable in Red Sea Governorate. Average annual revenue is EGP530K with 26% occupancy. High-performing properties earn up to EGP2.2M/year. The low average occupancy suggests that profitability is heavily concentrated among elite listings, indicating that market saturation currently exerts downward pressure on the broader pool of available rentals.

The average occupancy rate for Airbnbs and VRBOs in Red Sea Governorate is 26%. This occupancy level, combined with an average nightly rate of EGP5K, results in a RevPAR (revenue per available room) of EGP1K per day.

4+ bedroom properties demonstrate the strongest performance in Red Sea Governorate, with annual revenue of EGP1.8M. These properties balance operating costs and rental demand most effectively in the Red Sea Governorate market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Red Sea Governorate area. Hurghada: Lenient. Tourism license theoretically required from Tourism Authority, but minimal enforcement. Most hosts operate informally without registration. Authorities focus on hotels, not apartments. Marsa Alam: Lenient. Same national tourism regulations apply but rarely enforced in practice. Remote location means very light oversight. Hosts commonly operate without permits. El Gouna: Moderate. Private resort town with property management oversight. Orascom enforces rental agreements through property managers. More organized than typical Egyptian cities but still flexible. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Red Sea Governorate Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 1% year-over-year, while RevPAR has decreased 1%. This indicates balanced supply-demand dynamics. The stability in these metrics suggests a mature market phase where new inventory growth is currently being absorbed without causing rapid volatility in existing asset returns.

Launch around January, 2-3 months before peak spring season (April peaks). This pre-peak timing lets you build reviews when competition is 66% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (July-February) when gaining traction is harder.

The most common amenities in Red Sea Governorate listings include: Air Conditioning (100%), Kitchen (98%), Tv (95%), Washing Machine (89%), Pool (76%). Amenities that boost revenue the most include Bbq, Lake Access, Pool, with Bbq properties earning approximately 62% more (EGP1.5M/year vs EGP908K/year).

Monthly estimated revenue per listing in Red Sea Governorate over the last 12 months: May: EGP29K, June: EGP32K, July: EGP30K, August: EGP35K, September: EGP35K, October: EGP45K, November: EGP30K, December: EGP42K, January: EGP34K, February: EGP15K, March: EGP38K, April: EGP47K. 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 Red Sea Governorate is EGP5K, up 22% year-over-year. By property size: 1-bedroom properties average EGP3K/night, 2-bedroom properties average EGP6K/night, 3-bedroom properties average EGP10K/night, 4+ bedroom properties average EGP18K/night. Rates peak in April and are lowest in February.

Guests in Red Sea Governorate book an average of 23 days in advance, down 22% from last year. By property size: 1-bedroom: 21 days, 2-bedroom: 24 days, 3-bedroom: 26 days, 4+ bedroom: 28 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Red Sea Governorate Airbnb and VRBO market has seen the following changes: supply grew 1%, revenue per listing decreased 1%, occupancy fell 3%, average nightly rates increased 22%, and lead time decreased 22%. These shifting metrics point toward a transition where hosts are testing higher price points despite shrinking occupancy and shorter booking windows.

In Red Sea Governorate, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 9% higher occupancy than weekdays.