Benasque

As of June 2026, Benasque, Bagnères-de-Luchon, Vielha have 401 active Airbnb and VRBO listings. This represents a 16% decrease from the previous year.

The average Airbnb or VRBO in Benasque generates €16K per year. High-performing properties earn €34K/year, while low-performing properties earn €10K/year. Supply has contracted significantly year-over-year while revenue declined sharply, suggesting demand has fallen faster than hosts have exited—indicating oversupply relative to current market demand. The 3.4x performance gap between high and low performers signals highly fragmented market conditions where differentiation drives outcomes.

Airbnb and VRBO can be profitable in Benasque. Average annual revenue is €16K with 30% occupancy. High-performing properties earn up to €34K/year. The year-over-year supply decline amid flat revenue suggests tightening competition, though the significant gap between average and top performers indicates substantial performance variance tied to property-specific factors rather than broad market constraints.

The average occupancy rate for Airbnbs and VRBOs in Benasque is 30%. This occupancy level, combined with an average nightly rate of €152, results in a RevPAR (revenue per available room) of €32 per day.

4+ bedroom properties demonstrate the strongest performance in Benasque, with annual revenue of €20K. These properties balance operating costs and rental demand most effectively in the Benasque market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Benasque area. Benasque: Moderate. Registration with Aragón tourism registry required, safety standards. Growing enforcement with inspections. Bagnères-de-Luchon: Moderate. French registration (SIRET), declaration to mairie, tourist tax collection. Moderate enforcement in Occitanie region. Vielha: Moderate. Catalonia tourism license (HUT) mandatory, building approval needed. Increasing enforcement with fines for unlicensed rentals. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Benasque Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 16% year-over-year, while RevPAR has decreased 39%. This indicates balanced supply-demand dynamics. The significant gap between average revenue ($15,649) and high-performing properties ($34,110) suggests performance is highly differentiated, with top-tier listings capturing disproportionate market share despite moderate 30% occupancy rates.

Launch around November, 2-3 months before peak winter season (February peaks). This pre-peak timing lets you build reviews when competition is 47% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (October-November) when gaining traction is harder.

The most common amenities in Benasque listings include: Kitchen (95%), Tv (91%), Heating (86%), Washing Machine (84%), Pets Allowed (62%). Amenities that boost revenue the most include Heating, Hot Tub, Tv, with Heating properties earning approximately 24% more (€24K/year vs €19K/year).

Monthly estimated revenue per listing in Benasque over the last 12 months: May: €555, June: €840, July: €1K, August: €2K, September: €778, October: €619, November: €458, December: €1K, January: €1K, February: €1K, March: €1K, April: €847. 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 Benasque is €152, down 23% year-over-year. By property size: 1-bedroom properties average €124/night, 2-bedroom properties average €144/night, 3-bedroom properties average €193/night, 4+ bedroom properties average €255/night. Rates peak in February and are lowest in May.

Guests in Benasque book an average of 35 days in advance, down 23% from last year. By property size: 1-bedroom: 32 days, 2-bedroom: 35 days, 3-bedroom: 40 days, 4+ bedroom: 38 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Benasque Airbnb and VRBO market has seen the following changes: supply declined 16%, revenue per listing decreased 39%, occupancy fell 9%, average nightly rates decreased 23%, and lead time decreased 23%. The steeper revenue decline versus supply reduction suggests demand weakened faster than hosts exited, intensifying competition. The wide gap between average revenue ($15,649) and top performers ($34,110) indicates highly polarized market performance.

In Benasque, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Wednesday and are lowest on Saturday. Weekends show 52% higher occupancy than weekdays.