Syracuse

As of May 2026, Syracuse, Ortigia, Noto have 4,375 active Airbnb and VRBO listings. This represents a 18% decrease from the previous year.

The average Airbnb or VRBO in Syracuse generates €17K per year. High-performing properties earn €47K/year, while low-performing properties earn €6K/year. The stark disparity between top and bottom earners suggests that market returns are highly polarized, with a small segment of listings capturing the vast majority of available revenue.

Airbnb and VRBO can be profitable in Syracuse. Average annual revenue is €17K with 28% occupancy. High-performing properties earn up to €47K/year. The contraction in total supply alongside stable two-year trends indicates the market is shedding underperforming units, leaving a more competitive landscape for remaining operators.

The average occupancy rate for Airbnbs and VRBOs in Syracuse is 28%. This occupancy level, combined with an average nightly rate of €163, results in a RevPAR (revenue per available room) of €29 per day.

4+ bedroom properties demonstrate the strongest performance in Syracuse, with annual revenue of €45K. These properties balance operating costs and rental demand most effectively in the Syracuse market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Syracuse area. Syracuse: Moderate. Regional tourism registration (CIR code) required, tax ID needed. Standard enforcement through tax compliance checks. Ortigia: Moderate. CIR registration mandatory, fire safety standards, tourist tax collection. Enforcement present but many unlicensed units still operate. Noto: Moderate. CIR code required, building safety compliance, tourist tax. Enforcement increasing but informal rentals persist in historic center. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Syracuse Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 18% year-over-year, while RevPAR has decreased 16%. This indicates balanced supply-demand dynamics. This parallel decline in both supply and revenue suggests the market is naturally recalibrating to match reduced traveler demand without significant volatility.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 12% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (November-January) when gaining traction is harder.

The most common amenities in Syracuse listings include: Air Conditioning (97%), Kitchen (91%), Tv (81%), Washing Machine (78%), Heating (66%). Amenities that boost revenue the most include Pool, Hot Tub, Washing Machine, with Pool properties earning approximately 136% more (€65K/year vs €27K/year).

Monthly estimated revenue per listing in Syracuse over the last 12 months: May: €871, June: €1K, July: €1K, August: €2K, September: €1K, October: €1K, November: €457, December: €496, January: €306, February: €307, March: €622, April: €1K. 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 Syracuse is €163, up 23% year-over-year. By property size: 1-bedroom properties average €108/night, 2-bedroom properties average €156/night, 3-bedroom properties average €249/night, 4+ bedroom properties average €517/night. Rates peak in August and are lowest in February.

Guests in Syracuse book an average of 36 days in advance, down 24% from last year. By property size: 1-bedroom: 33 days, 2-bedroom: 38 days, 3-bedroom: 40 days, 4+ bedroom: 47 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Syracuse Airbnb and VRBO market has seen the following changes: supply declined 18%, revenue per listing decreased 16%, occupancy fell 9%, average nightly rates increased 23%, and lead time decreased 24%. These metrics reveal a shift toward shorter booking windows and higher pricing, forcing hosts to adapt to more unpredictable guest behavior.

In Syracuse, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Thursday. Weekends show 6% higher occupancy than weekdays.