Faroe Islands
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Overview
Annual Rev
kr94.8k
12 mo avg
↓45%
from prior 12 mo
Occupancy rate
🔒 2•%
12 mo avg
••.•%
from prior 12 mo
Avg daily rate
🔒 kr8••
12 mo avg
••.•%
from prior 12 mo
Lead time
16 days
12 mo avg
↓42 days
from prior 12 mo
Revpar
kr174
12 mo avg
↓57%
from prior 12 mo
Methodology note: Figures reflect Faroe Islands market data as of June 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 June 2026, Tórshavn, Klaksvík, Vágar have 118 active Airbnb and VRBO listings. This represents a 77% decrease from the previous year.
The average Airbnb or VRBO in Faroe Islands generates kr223K per year. High-performing properties earn kr477K/year, while low-performing properties earn kr132K/year. The dramatic supply contraction alongside flat revenue suggests hosts are exiting a challenged market, while the 31% occupancy rate and wide performance gap indicate significant competitive stratification among remaining listings.
Airbnb and VRBO can be profitable in Faroe Islands. Average annual revenue is kr223K with 31% occupancy. High-performing properties earn up to kr477K/year. The dramatic supply contraction suggests market consolidation, while the significant revenue gap indicates substantial performance variation among active listings—likely reflecting differentiation in property positioning or guest appeal.
The average occupancy rate for Airbnbs and VRBOs in Faroe Islands is 31%. This occupancy level, combined with an average nightly rate of kr557, results in a RevPAR (revenue per available room) of kr153 per day.
4+ bedroom properties demonstrate the strongest performance in Faroe Islands, with annual revenue of kr287K. These properties balance operating costs and rental demand most effectively in the Faroe Islands market. Property performance varies significantly by location, amenities, and management quality.
Short-term rental regulations vary by jurisdiction in the Faroe Islands area. I don't have reliable data on short-term rental regulations or enforcement practices for Tórshavn, Klaksvík, or Vágar in the Faroe Islands. The Faroe Islands' regulatory framework for vacation rentals isn't well-documented in available sources, and I cannot verify permit requirements, occupancy rules, or actual enforcement levels for these municipalities. I recommend contacting local municipal offices directly for accurate current information. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.
The Faroe Islands Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 77% year-over-year, while RevPAR has decreased 48%. This indicates balanced supply-demand dynamics. The significant gap between average revenue ($223,195) and high-performing properties ($477,176) suggests performance is highly differentiated, while the 31% occupancy rate reflects substantial pricing power among remaining competitive listings.
Launch around March, 2-3 months before peak summer season (June peaks). This pre-peak timing lets you build reviews when competition is 89% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-February) when gaining traction is harder.
Monthly estimated revenue per listing in Faroe Islands over the last 12 months: May: kr11K, June: kr12K, July: kr11K, August: kr11K, September: kr11K, October: kr0, November: kr0, December: kr0, January: kr0, February: kr0, March: kr56, April: kr1K. 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 Faroe Islands is kr557, down 50% year-over-year. By property size: 1-bedroom properties average kr361/night, 2-bedroom properties average kr543/night, 3-bedroom properties average kr588/night, 4+ bedroom properties average kr845/night. Rates peak in August and are lowest in March.
Guests in Faroe Islands book an average of 26 days in advance, down 55% from last year. By property size: 1-bedroom: 21 days, 2-bedroom: 27 days, 3-bedroom: 22 days, 4+ bedroom: 22 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.
Over the past year, the Faroe Islands Airbnb and VRBO market has seen the following changes: supply declined 77%, revenue per listing decreased 48%, occupancy fell 11%, average nightly rates decreased 50%, and lead time decreased 55%. The severe supply contraction suggests market consolidation rather than healthy demand, while the wide revenue gap ($223K average vs. $477K high) indicates highly fragmented performance where top performers substantially outpace peers in a compressed market.
In Faroe Islands, Saturday sees the highest booking demand while Wednesday has the lowest. Nightly rates peak on Saturday and are lowest on Tuesday. Weekends show 10% higher occupancy than weekdays.