Addis Ababa

As of June 2026, Addis Ababa has 399 active Airbnb and VRBO listings. This represents a 1% decrease from the previous year.

The average Airbnb or VRBO in Addis Ababa generates ETB447K per year. High-performing properties earn ETB2.0M/year, while low-performing properties earn ETB129K/year. Despite minimal supply contraction, revenue has declined significantly year-over-year while occupancy remains low at 16%, indicating demand weakness outpacing supply adjustments. The 4.5x earnings gap between high and average performers suggests market bifurcation where only differentiated properties capture disproportionate demand.

Airbnb and VRBO can be profitable in Addis Ababa. Average annual revenue is ETB447K with 16% occupancy. High-performing properties earn up to ETB2.0M/year. Declining supply and revenue suggest a contracting market, while the 4.5x gap between average and top performers indicates significant performance variance, reflecting either differentiated property positioning or inconsistent demand distribution across listings.

The average occupancy rate for Airbnbs and VRBOs in Addis Ababa is 16%. This occupancy level, combined with an average nightly rate of ETB9K, results in a RevPAR (revenue per available room) of ETB991 per day.

4+ bedroom properties demonstrate the strongest performance in Addis Ababa, with annual revenue of ETB874K. These properties balance operating costs and rental demand most effectively in the Addis Ababa market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Addis Ababa area. I don't have reliable information about short-term rental regulations or enforcement reality in Addis Ababa, Ethiopia. The regulatory framework for platforms like Airbnb is unclear or underdeveloped in this market. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Addis Ababa Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 1% year-over-year, while RevPAR has decreased 26%. This indicates balanced supply-demand dynamics. However, the substantial gap between average revenue ($446,888) and top performers ($1,991,978) suggests significant performance variance, while the 16% occupancy rate reflects underutilized capacity across the market.

Launch around October, 2-3 months before peak winter season (January peaks). This pre-peak timing lets you build reviews when competition is 63% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-May) when gaining traction is harder.

The most common amenities in Addis Ababa listings include: Tv (97%), Kitchen (96%), Washing Machine (86%), Elevator (50%), Parking (47%). Amenities that boost revenue the most include Washing Machine, Parking, Internet, with Washing Machine properties earning approximately 66% more (ETB1.8M/year vs ETB1.1M/year).

Monthly estimated revenue per listing in Addis Ababa over the last 12 months: May: ETB19K, June: ETB22K, July: ETB31K, August: ETB36K, September: ETB35K, October: ETB32K, November: ETB32K, December: ETB33K, January: ETB43K, February: ETB24K, March: ETB24K, April: ETB30K. 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 Addis Ababa is ETB9K, up 16% year-over-year. By property size: 1-bedroom properties average ETB6K/night, 2-bedroom properties average ETB9K/night, 3-bedroom properties average ETB14K/night, 4+ bedroom properties average ETB19K/night. Rates peak in October and are lowest in May.

Guests in Addis Ababa book an average of 13 days in advance, down 31% from last year. By property size: 1-bedroom: 11 days, 2-bedroom: 14 days, 3-bedroom: 15 days, 4+ bedroom: 17 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Addis Ababa Airbnb and VRBO market has seen the following changes: supply declined 1%, revenue per listing decreased 26%, occupancy fell 24%, average nightly rates increased 16%, and lead time decreased 31%. The 24-point occupancy drop despite rate increases suggests weakening demand outpacing supply exits, while the substantial gap between average ($446,888) and high-performing listings ($1,991,978) indicates market bifurcation favoring differentiated properties.

In Addis Ababa, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Sunday.