Victoria Falls
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Overview
Annual Rev
$17.1k
12 mo avg
↓2%
from prior 12 mo
Occupancy rate
🔒 2•%
12 mo avg
••.•%
from prior 12 mo
Avg daily rate
🔒 $2••
12 mo avg
••.•%
from prior 12 mo
Lead time
33 days
12 mo avg
↓7 days
from prior 12 mo
Revpar
$44
12 mo avg
↓7%
from prior 12 mo
Methodology note: Figures reflect Victoria Falls market data as of May 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 | 32 (65%) | +$16,758 (+67%) | $41,738 | $24,980 |
| 🔒 Amenity | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
| 🔒 Amenity | 🔒 5• (••%) | 🔒 +$5••• (+••%) | 🔒 $7•••• | 🔒 $7•••• |
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
4+ bedrooms (4.7 nights)
2 bedrooms (4.6 nights)
1 bedroom (3.1 nights)
3 bedrooms (2.9 nights)
Cleaning fee by bedroom
2 bedrooms ($85)
1 bedroom ($20)
3 bedrooms ($0)
4+ bedrooms ($0)
Professional host share
Professionally managed (57%)
Independent hosts (43%)
As of May 2026, Victoria Falls, Livingstone, Hwange have 289 active Airbnb and VRBO listings. This represents a 8% increase from the previous year.
The average Airbnb or VRBO in Victoria Falls generates $12K per year. High-performing properties earn $42K/year, while low-performing properties earn $4K/year. The massive delta between top and bottom performers suggests that revenue outcomes are heavily bifurcated, indicating that property-specific appeal dictates earnings far more than broader market averages.
Airbnb and VRBO can be profitable in Victoria Falls. Average annual revenue is $12K with 15% occupancy. High-performing properties earn up to $42K/year. With occupancy at 15%, the high revenue gap reflects a market where the top tier captures a disproportionate share of the limited demand, leaving the majority of units with significant underutilization.
The average occupancy rate for Airbnbs and VRBOs in Victoria Falls is 15%. This occupancy level, combined with an average nightly rate of $218, results in a RevPAR (revenue per available room) of $30 per day.
2-bedroom properties demonstrate the strongest performance in Victoria Falls, with annual revenue of $16K. These properties balance operating costs and rental demand most effectively in the Victoria Falls market. Property performance varies significantly by location, amenities, and management quality.
Short-term rental regulations vary by jurisdiction in the Victoria Falls area. Victoria Falls: Lenient. Tourism council registration recommended but rarely enforced. No occupancy rules or caps. Minimal enforcement, most hosts operate informally. Livingstone: Lenient. Business license technically required through municipal council. No rental restrictions. Very limited enforcement, tourism prioritized over regulation. Hwange: Lenient. No formal STR regulations. Safari lodge permits for commercial operations. Essentially unregulated for residential rentals, no active enforcement. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.
The Victoria Falls Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 8% year-over-year, while RevPAR has increased 11%. This indicates balanced supply-demand dynamics. The fact that revenue growth outpaces supply growth suggests that the market is currently absorbing new listings without diluting the earning potential of existing inventory.
Launch around September, 2-3 months before peak winter season (December 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 (May-February) when gaining traction is harder.
The most common amenities in Victoria Falls listings include: Kitchen (100%), Air Conditioning (87%), Tv (85%), Washing Machine (72%), Bbq (72%). Amenities that boost revenue the most include Bbq, Heating, with Bbq properties earning approximately 60% more ($41K/year vs $26K/year).
Monthly estimated revenue per listing in Victoria Falls over the last 12 months: May: $690, June: $619, July: $1K, August: $1K, September: $670, October: $776, November: $850, December: $1K, January: $740, February: $564, March: $919, April: $1K. 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 Victoria Falls is $218, up 27% year-over-year. By property size: 1-bedroom properties average $146/night, 2-bedroom properties average $195/night, 3-bedroom properties average $227/night, 4+ bedroom properties average $362/night. Rates peak in March and are lowest in June.
Guests in Victoria Falls book an average of 35 days in advance, down 14% from last year. By property size: 1-bedroom: 34 days, 2-bedroom: 36 days, 3-bedroom: 31 days, 4+ bedroom: 40 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.
Over the past year, the Victoria Falls Airbnb and VRBO market has seen the following changes: supply grew 8%, revenue per listing increased 11%, occupancy fell 11%, average nightly rates increased 27%, and lead time decreased 14%. Higher rates are driving revenue despite lower occupancy, indicating a shift toward a premium-focused model that favors shorter booking windows.
In Victoria Falls, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Wednesday and are lowest on Saturday. Weekends show 15% higher occupancy than weekdays.