Matara
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Overview
Annual Rev
₨5m
12 mo avg
↓16%
from prior 12 mo
Occupancy rate
30%
12 mo avg
↓12%
from prior 12 mo
Avg daily rate
₨34,235
12 mo avg
↑10%
from prior 12 mo
Lead time
29 days
12 mo avg
↓10 days
from prior 12 mo
Revpar
₨10,548
12 mo avg
↓19%
from prior 12 mo
Methodology note: Figures reflect Matara 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 |
|---|---|---|---|---|
| Pool | — | +Rs 16,259,692 | — | — |
| Gym | 🔒 4• (••%) | 🔒 +Rs 1••••••• (+•••%) | 🔒 Rs 2••••••• | 🔒 Rs 9•••••• |
| TV | 🔒 1•• (••%) | 🔒 +Rs 7•••••• (+•••%) | 🔒 Rs 1••••••• | 🔒 Rs 7•••••• |
| Hot Tub | 🔒 1• (•%) | 🔒 +Rs 7•••••• (+••%) | 🔒 Rs 1••••••• | 🔒 Rs 1••••••• |
| Barbecue | 🔒 1•• (••%) | 🔒 +Rs 3•••••• (+••%) | 🔒 Rs 1••••••• | 🔒 Rs 9•••••• |
| Internet | 🔒 2•• (••%) | 🔒 +Rs 3•••••• (+••%) | 🔒 Rs 1••••••• | 🔒 Rs 8•••••• |
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 (9.2 nights)
3 bedrooms (6.9 nights)
1 bedroom (6.6 nights)
4+ bedrooms (5.2 nights)
Cleaning fee by bedroom
4+ bedrooms (LKR 49)
3 bedrooms (LKR 25)
1 bedroom (LKR 19)
2 bedrooms (LKR 15)
Professional host share
Professionally managed (53%)
Independent hosts (47%)
Over the 12 months ending August 2026, the Matara market averaged 2,078 active Airbnb and VRBO listings, up 22% from a year earlier and up 70% over two years.
An average Matara listing earns Rs3M/year. High-performing listings earn Rs19M, while low-performing listings earn Rs707K.
Average occupancy in Matara is 19%, producing RevPAR of Rs6,348 per available night.
4+ bedroom listings generate the highest average annual revenue in Matara, at Rs8M.
Rules vary across Matara. I don't have reliable data on short-term rental regulations or enforcement practices for Matara, Mirissa, and Weligama in Sri Lanka. These coastal towns don't have well-documented STR regulatory frameworks publicly available. Local guesthouse registration through the Sri Lanka Tourism Development Authority may apply, but specific STR rules, enforcement levels, and compliance rates for these municipalities aren't established in accessible sources. I'd recommend contacting local municipal offices or SLTDA directly for current requirements. Verify requirements for the property's jurisdiction.
The Matara Airbnb and VRBO market shows signs of oversaturation. Supply has grown 22% year-over-year, while RevPAR has decreased 7%, suggesting supply is outpacing demand.
RevPAR is highest in February and January; it is lowest in June and September.
The most common amenities are Internet (95%), Kitchen (94%), Parking (94%). The strongest positive revenue associations are Pool (+411%), Gym (+136%), TV (+112%).
Average daily rate in Matara is Rs44K, up 12% year-over-year. Rates peak in July and are lowest in September.
Guests in Matara book an average of 26 days in advance, down 11% from last year. Booking windows range from 24 days for 1-bedroom listings to 34 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Friday and are lowest on Monday.