Tashkent

As of June 2026, Tashkent has 657 active Airbnb and VRBO listings. This represents a 4% increase from the previous year.

The average Airbnb or VRBO in Tashkent generates so'm104M per year. High-performing properties earn so'm293M/year, while low-performing properties earn so'm31M/year. This massive revenue disparity suggests that market returns are highly sensitive to specific asset positioning, as the top-tier units capture significantly more value than the stagnant market average.

Airbnb and VRBO can be profitable in Tashkent. Average annual revenue is so'm104M with 30% occupancy. High-performing properties earn up to so'm293M/year. A 30% occupancy rate indicates a market where consistent demand is elusive, forcing a reliance on premium pricing strategies to drive higher annual yields.

The average occupancy rate for Airbnbs and VRBOs in Tashkent is 30%. This occupancy level, combined with an average nightly rate of so'm910K, results in a RevPAR (revenue per available room) of so'm216K per day.

2-bedroom properties demonstrate the strongest performance in Tashkent, with annual revenue of so'm118M. These properties balance operating costs and rental demand most effectively in the Tashkent market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Tashkent area. Tashkent: Lenient. No formal short-term rental licensing system exists. Hotels require permits, but private apartments operating as STRs face minimal regulation. Registration with tax authorities theoretically required but rarely enforced. No occupancy rules or rental caps. Enforcement practically non-existent - hosts operate freely on platforms like Booking.com and Airbnb without government oversight. Growing market with little regulatory framework. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Tashkent Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 4% year-over-year, while RevPAR has decreased 4%. This indicates balanced supply-demand dynamics. The inverse relationship between supply expansion and revenue suggests that recent growth is effectively absorbing current demand capacity without causing immediate market saturation.

Launch around January, 2-3 months before peak fall season (April peaks). This pre-peak timing lets you build reviews when competition is 7% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-February) when gaining traction is harder.

The most common amenities in Tashkent listings include: Air Conditioning (100%), Kitchen (99%), Washing Machine (98%), Tv (98%), Heating (84%). Amenities that boost revenue the most include Ev Charger, Parking, Tv, with Ev Charger properties earning approximately 19% more (so'm203M/year vs so'm170M/year).

Monthly estimated revenue per listing in Tashkent over the last 12 months: May: so'm7335K, June: so'm5824K, July: so'm6101K, August: so'm6913K, September: so'm7588K, October: so'm8224K, November: so'm5965K, December: so'm5649K, January: so'm5211K, February: so'm3314K, March: so'm6860K, April: so'm10M. 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 Tashkent is so'm910K, up 20% year-over-year. By property size: 1-bedroom properties average so'm822K/night, 2-bedroom properties average so'm1092K/night, 3-bedroom properties average so'm1017K/night, 4+ bedroom properties average so'm2214K/night. Rates peak in April and are lowest in May.

Guests in Tashkent book an average of 17 days in advance, down 24% from last year. By property size: 1-bedroom: 16 days, 2-bedroom: 20 days, 3-bedroom: 24 days, 4+ bedroom: 20 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, supply grew 4%, revenue per listing decreased 4%, occupancy fell 10%, average nightly rates increased 20%, and lead time decreased 24%. These shifts highlight a transition toward shorter booking windows and higher price sensitivity, reflecting a market where volume is trading off for increased rate realization.

In Tashkent, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 5% higher occupancy than weekdays.