Fez
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Overview
Annual Rev
MAD101.4k
12 mo avg
↓11%
from prior 12 mo
Occupancy rate
30%
12 mo avg
↓11%
from prior 12 mo
Avg daily rate
MAD752
12 mo avg
↑20%
from prior 12 mo
Lead time
27 days
12 mo avg
↓8 days
from prior 12 mo
Revpar
MAD223
12 mo avg
↓11%
from prior 12 mo
Methodology note: Figures reflect Fez 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 |
|---|---|---|---|---|
| Barbecue | — | +MAD 147,176 | — | — |
| Pool | 🔒 5• (••%) | 🔒 +MAD 1••••• (+•••%) | 🔒 MAD 2••••• | 🔒 MAD 1••••• |
| Heating | 🔒 2•• (••%) | 🔒 +MAD 4•••• (+••%) | 🔒 MAD 1••••• | 🔒 MAD 1••••• |
| Gym | 🔒 8 (•%) | 🔒 +MAD 2•••• (+••%) | 🔒 MAD 1••••• | 🔒 MAD 1••••• |
| Lake Access | 🔒 2• (•%) | 🔒 +MAD 2•••• (+••%) | 🔒 MAD 1••••• | 🔒 MAD 1••••• |
| Pets Allowed | 🔒 1•• (••%) | 🔒 +MAD 1•••• (+••%) | 🔒 MAD 1••••• | 🔒 MAD 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
2 bedrooms (4.3 nights)
1 bedroom (4.2 nights)
4+ bedrooms (3.9 nights)
3 bedrooms (3.6 nights)
Cleaning fee by bedroom
4+ bedrooms (MAD 25)
3 bedrooms (MAD 24)
2 bedrooms (MAD 16)
1 bedroom (MAD 11)
Professional host share
Professionally managed (69%)
Independent hosts (31%)
Over the 12 months ending August 2026, the Fez market averaged 1,666 active Airbnb and VRBO listings, up 15% from a year earlier and up 79% over two years.
An average Fez listing earns د.م.61K/year. High-performing listings earn د.م.203K, while low-performing listings earn د.م.18K.
Average occupancy in Fez is 17%, producing RevPAR of د.م.143 per available night.
4+ bedroom listings generate the highest average annual revenue in Fez, at د.م.134K.
Rules vary across Fez. Fez: Lenient. Morocco requires tourism classification and local tax registration for short-term rentals. Enforcement is minimal in practice. Many riads and apartments operate informally without full compliance. Authorities focus on larger properties. Meknes: Lenient. Same national requirements as Fez - tourism registration and tax compliance needed. Enforcement is light. Many hosts operate without formal registration. Local authorities rarely monitor smaller rentals actively. Verify requirements for the property's jurisdiction.
The Fez Airbnb and VRBO market is becoming more competitive. Supply has grown 15% year-over-year, while RevPAR has decreased 1%, suggesting supply is outpacing demand.
RevPAR is highest in April and December; it is lowest in June and February.
The most common amenities are Kitchen (94%), Internet (93%), Washing Machine (88%). The strongest positive revenue associations are Bbq (+120%), Pool (+111%), Heating (+67%).
Average daily rate in Fez is د.م.873, up 18% year-over-year. Rates peak in July and are lowest in September.
Guests in Fez book an average of 28 days in advance, down 12% from last year. Booking windows range from 21 days for 2-bedroom listings to 41 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Friday and are lowest on Sunday. Weekend occupancy is 15% higher than weekday occupancy.