Cēsis, LV
Part of the Riga market area
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Overview
Annual Rev
€18k
12 mo avg
↑8%
from prior 12 mo
Occupancy rate
49%
12 mo avg
↓5%
from prior 12 mo
Avg daily rate
€87
12 mo avg
↑18%
from prior 12 mo
Lead time
29 days
12 mo avg
↓4 days
from prior 12 mo
Revpar
€37
12 mo avg
↑6%
from prior 12 mo
Methodology note: Figures reflect Riga 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 |
|---|---|---|---|---|
| Sauna | — | +€7,932 | — | — |
| Pool | 🔒 8 (•%) | 🔒 +€7••• (+••%) | 🔒 €2•••• | 🔒 €1•••• |
| TV | 🔒 1••• (••%) | 🔒 +€3••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| Washing Machine | 🔒 1••• (••%) | 🔒 +€3••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| Air conditioning | 🔒 4•• (••%) | 🔒 +€3••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| Hot Tub | 🔒 8• (•%) | 🔒 +€3••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| Heating | 🔒 1••• (••%) | 🔒 +€2••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| Barbecue | 🔒 1•• (•%) | 🔒 +€1••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| Pets Allowed | 🔒 7•• (••%) | 🔒 +€1••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| EV Charger | 🔒 3• (•%) | 🔒 +€1••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
| Internet | 🔒 1••• (••%) | 🔒 +€1••• (+••%) | 🔒 €1•••• | 🔒 €1•••• |
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
1 bedroom (4.8 nights)
3 bedrooms (4.8 nights)
Studio (4.7 nights)
2 bedrooms (4.4 nights)
4+ bedrooms (3.7 nights)
Cleaning fee by bedroom
4+ bedrooms (€77)
3 bedrooms (€51)
2 bedrooms (€38)
1 bedroom (€26)
Studio (€25)
Professional host share
Professionally managed (85%)
Independent hosts (15%)
Over the 12 months ending August 2026, the Riga market averaged 2,200 active Airbnb and VRBO listings, up 8% from a year earlier and up 26% over two years.
An average Riga listing earns €16K/year. High-performing listings earn €30K, while low-performing listings earn €7K.
Average occupancy in Riga is 42%, producing RevPAR of €31 per available night.
4+ bedroom listings generate the highest average annual revenue in Riga, at €33K.
Rules vary across Riga. Riga: Moderate. Registration with State Revenue Service required, business license needed. Standard tax compliance checks, moderate enforcement through inspections. Jūrmala: Moderate. Municipal registration mandatory, tourism tax collection required. Resort city with established rental market, moderate enforcement focused on tax compliance. Sigulda: Lenient. Basic business registration needed, tourism tax applies. Small market with light oversight, minimal active enforcement beyond tax reporting. Verify requirements for the property's jurisdiction.
The Riga Airbnb and VRBO market appears broadly balanced. Supply has grown 8% year-over-year, while RevPAR has increased 25%, showing no clear supply-demand imbalance.
RevPAR is highest in July and August; it is lowest in February and January.
The most common amenities are Kitchen (99%), Heating (94%), Internet (94%). The strongest positive revenue associations are TV (+27%), Washing Machine (+26%), Air Conditioning (+20%).
Average daily rate in Riga is €89, up 24% year-over-year. Rates peak in July and are lowest in February.
Guests in Riga book an average of 28 days in advance, down 10% from last year. Booking windows range from 26 days for 1-bedroom listings to 42 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. Weekend occupancy is 35% higher than weekday occupancy.