Short-term rentals can be a lucrative venture, particularly in markets where demand is high and occupancy rates are favorable. According to AirDNA, an analytics platform specializing in rental data, certain regions in Asia stand out for their potential in this domain. This article delves into the highest-performing markets for short-term rental properties across the continent, highlighting annual revenues, rates, and occupancy metrics.

Overview of Market Opportunities

Focusing on the ten largest countries in Asia, AirDNA’s analysis includes markets that boast at least 20,000 short-term rental listings. The results reveal exciting opportunities for investors looking to capitalize on the growing trend of vacation rentals.

Top 10 Asian Markets for Short-Term Rentals

1. Hakuba, Japan

   Annual Revenue: $61,813
   Average Daily Rate: $413.12
   Annual Occupancy: 50.9%

   Situated in the Japanese Alps, Hakuba is renowned for its winter sports and was the site of the 1998 Nagano Winter Olympics.

2. Onna, Japan

   Annual Revenue: $44,737
   Average Daily Rate: $248.90
   Annual Occupancy: 54%

   Onna, located on Okinawa’s coast, attracts visitors with its luxury resorts and stunning coral reefs.

3. Kyoto, Japan

   Annual Revenue: $43,882
   Average Daily Rate: $181.28
   Annual Occupancy: 69.7%

   A historical hub, Kyoto is home to numerous temples and shrines, making it a favored destination for tourists.

4. Ko Samui, Thailand

   Annual Revenue: $43,465
   Average Daily Rate: $311.44
   Annual Occupancy: 58.9%

   This picturesque island is celebrated for its idyllic beaches and vibrant culture.

5. Tokyo, Japan

   Annual Revenue: $42,829
   Average Daily Rate: $160.09
   Annual Occupancy: 78.2%

   The bustling capital city, Tokyo, draws millions with its rich culture, shopping, and culinary experiences.

6. Hakata-ku, Japan

   Annual Revenue: $35,842
   Average Daily Rate: $140.81
   Annual Occupancy: 72.6%

   This vibrant ward in Fukuoka is known for its traditional festivals and renowned ramen.

7. Chuo-ku, Japan

   Annual Revenue: $31,642
   Average Daily Rate: $153.18
   Annual Occupancy: 61.1%

   As a central business district in Tokyo, Chuo-ku boasts luxury shopping and nightlife.

8. Phuket, Thailand

   Annual Revenue: $28,381
   Average Daily Rate: $223.05
   Annual Occupancy: 59.6%

   Thailand’s largest island is well-known for its picturesque beaches and vibrant nightlife.

9. Dubai, UAE

   Annual Revenue: $27,798
   Average Daily Rate: $205.57
   Annual Occupancy: 59.5%

   Dubai is emerging as a global tourism hub, famous for its extravagant lifestyle and memorable landmarks.

10. Assagao, India

    Annual Revenue: $26,696
    Average Daily Rate: $224.52
    Annual Occupancy: 45.5%

    Located in Goa, Assagao is recognized for its quaint shops and colonial architecture.