Kandy
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Overview
Annual Rev
₨1.4m
12 mo avg
↓29%
from prior 12 mo
Occupancy rate
20%
12 mo avg
↓15%
from prior 12 mo
Avg daily rate
₨17,730
12 mo avg
↑20%
from prior 12 mo
Lead time
24 days
12 mo avg
↓2 days
from prior 12 mo
Revpar
₨3,023
12 mo avg
↓35%
from prior 12 mo
Methodology note: Figures reflect Kandy market data as of September 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
| Amenity | Listings With | Revenue Boost | Revenue With | Revenue Without |
|---|---|---|---|---|
| Lake Access | — | +Rs 8,836,716 | — | — |
| Pool | 🔒 1• (••%) | 🔒 +Rs 7•••••• (+•••%) | 🔒 Rs 1••••••• | 🔒 Rs 4•••••• |
| Parking | 🔒 4• (••%) | 🔒 +Rs 2•••••• (+••%) | 🔒 Rs 5•••••• | 🔒 Rs 3•••••• |
| Barbecue | 🔒 1• (••%) | 🔒 +Rs 1•••••• (+••%) | 🔒 Rs 6•••••• | 🔒 Rs 5•••••• |
| Internet | 🔒 4• (••%) | 🔒 +Rs 9••••• (+••%) | 🔒 Rs 5•••••• | 🔒 Rs 4•••••• |
| Pets Allowed | 🔒 2• (••%) | 🔒 +Rs 6••••• (+••%) | 🔒 Rs 5•••••• | 🔒 Rs 5•••••• |
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
Length of stay by bedroom
2 bedrooms (6.5 nights)
1 bedroom (4.7 nights)
3 bedrooms (2.9 nights)
4+ bedrooms (2.8 nights)
Cleaning fee by bedroom
1 bedroom (LKR 3)
2 bedrooms (LKR 3)
3 bedrooms (LKR 0)
4+ bedrooms (LKR 0)
Professional host share
Independent hosts (61%)
Professionally managed (39%)
Over the 12 months ending August 2026, the Kandy market averaged 724 active Airbnb and VRBO listings, up 16% from a year earlier and up 56% over two years.
An average Kandy listing earns Rs934K/year. High-performing listings earn Rs5M, while low-performing listings earn Rs223K.
Average occupancy in Kandy is 11%, producing RevPAR of Rs2,215 per available night.
4+ bedroom listings generate the highest average annual revenue in Kandy, at Rs2M.
Rules vary across Kandy. I don't have reliable data on short-term rental regulations or enforcement reality for Kandy and Peradeniya, Sri Lanka. Sri Lanka's STR regulatory framework is still developing at the national level, and specific municipal enforcement information for these cities is not documented in accessible sources. I recommend contacting the Kandy Municipal Council and Peradeniya Urban Council directly for current requirements and actual enforcement practices. Verify requirements for the property's jurisdiction.
The Kandy Airbnb and VRBO market shows signs of oversaturation. Supply has grown 16% year-over-year, while RevPAR has decreased 5%, suggesting supply is outpacing demand.
RevPAR is highest in February and August; it is lowest in September and October.
The most common amenities are Internet (92%), Parking (89%), Kitchen (82%). The strongest positive revenue associations are Pool (+210%), Lake Access (+132%), Parking (+123%).
Average daily rate in Kandy is Rs25K, up 26% year-over-year. Rates peak in June and are lowest in September.
Guests in Kandy book an average of 25 days in advance, down 6% from last year. Booking windows range from 22 days for 2-bedroom listings to 33 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Saturday and are lowest on Thursday. Weekend occupancy is 8% higher than weekday occupancy.