Austvagoy

As of June 2026, Svolvær, Kabelvåg, Henningsvær have 475 active Airbnb and VRBO listings. This represents a 4% decrease from the previous year.

The average Airbnb or VRBO in Austvagoy generates kr211K per year. High-performing properties earn kr637K/year, while low-performing properties earn kr93K/year. Declining supply paired with flat revenue suggests demand is softening faster than hosts are exiting, creating oversupply relative to booking activity. The threefold gap between high and low performers at just 31% occupancy indicates significant quality or positioning variance within a constrained market.

Airbnb and VRBO can be profitable in Austvagoy. Average annual revenue is kr211K with 31% occupancy. High-performing properties earn up to kr637K/year. Declining supply suggests market consolidation, while flat revenue indicates pricing pressure despite reduced competition. The threefold gap between average and top performers signals meaningful differentiation opportunities in a stabilizing market.

The average occupancy rate for Airbnbs and VRBOs in Austvagoy is 31%. This occupancy level, combined with an average nightly rate of kr2K, results in a RevPAR (revenue per available room) of kr391 per day.

3-bedroom properties demonstrate the strongest performance in Austvagoy, with annual revenue of kr280K. These properties balance operating costs and rental demand most effectively in the Austvagoy market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Austvagoy area. I don't have reliable current data on short-term rental regulations or enforcement reality for these specific Norwegian municipalities (Svolvær, Kabelvåg, and Henningsvær in Lofoten). Norway generally requires registration with local authorities and tax reporting, but enforcement varies significantly by municipality. Without verified local enforcement data, I cannot accurately classify these towns or describe their actual regulatory environment. I recommend contacting Vågan municipality directly for current requirements. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Austvagoy Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 4% year-over-year, while RevPAR has decreased 1%. This indicates balanced supply-demand dynamics. The wide gap between average revenue ($211K) and top performers ($637K) suggests significant performance variation across properties, while the 31% occupancy rate reflects modest utilization despite supply contraction.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 27% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (May-November) when gaining traction is harder.

The most common amenities in Austvagoy listings include: Kitchen (97%), Heating (93%), Washing Machine (90%), Tv (85%), Balcony (73%). Amenities that boost revenue the most include Hot Tub, Sauna, Washing Machine, with Hot Tub properties earning approximately 111% more (kr753K/year vs kr357K/year).

Monthly estimated revenue per listing in Austvagoy over the last 12 months: May: kr9K, June: kr15K, July: kr18K, August: kr16K, September: kr12K, October: kr9K, November: kr6K, December: kr10K, January: kr9K, February: kr14K, March: kr16K, April: kr9K. 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 Austvagoy is kr2K, up 37% year-over-year. By property size: 1-bedroom properties average kr1K/night, 2-bedroom properties average kr2K/night, 3-bedroom properties average kr3K/night, 4+ bedroom properties average kr3K/night. Rates peak in February and are lowest in May.

Guests in Austvagoy book an average of 45 days in advance, down 9% from last year. By property size: 1-bedroom: 42 days, 2-bedroom: 46 days, 3-bedroom: 46 days, 4+ bedroom: 45 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Austvagoy Airbnb and VRBO market has seen the following changes: supply declined 4%, revenue per listing decreased 1%, occupancy fell 9%, average nightly rates increased 37%, and lead time decreased 9%. The sharp rate increases amid falling occupancy suggest hosts are competing on price to fill inventory, yet the wide gap between average ($211K) and top-performing listings ($637K) indicates significant performance stratification in the market.

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