%20(1).webp)
.png){kind=small}
.png)
Most Airbnb earnings guides are built on public listing data and assumptions. This one is not. The figures below come from Houst's live performance data across its managed portfolio spanning the UK, Ireland, France, Australia and New Zealand. Every number is a real achieved result from a real property.
The findings challenge some common assumptions. Paris outearns London. Dublin outearns London. Edinburgh one-beds outperform Melbourne two-beds. Here is what the data actually shows.
TL;DR
Paris has the highest average annual net revenue in this dataset at GBP 46,382 for a central 2-bed. Dublin is second at GBP 41,689. London is third at GBP 38,148, with the strongest data coverage of any city in the dataset. Edinburgh 1-beds average GBP 33,706 at 88.8% occupancy. Perth has the highest occupancy of any Australian city in the dataset at 87.8%. Portfolio average across all managed properties: GBP 91.59 ADR at 69.1% occupancy.
Table of Contents
About this data
Houst manages properties across 27 cities in 10 countries. The figures below draw on performance data from properties meeting three criteria: a minimum Airbnb rating of 4.5, at least 250 available nights in the period, and a 2-bedroom configuration. Edinburgh figures are based on 1-bedroom properties due to insufficient 2-bed sample size in that market.
All net revenue figures represent host payouts from Airbnb after platform fees, before property management fees. Monthly figures are annual totals divided by 12.
Airbnb earnings by city
Annual net revenue by city
After Airbnb fees, before management fees. 2-bed unless noted.
Source: Houst live performance data, Q1 2026. Host payouts after Airbnb fees, before management fees. Min 4.5 rating and 250 available nights. *Edinburgh = 1-bed; all others = 2-bed. GBP conversions at Q1 2026 rates. Full methodology →
Paris: GBP 46,382 per year
Average ADR: EUR 235 | Average occupancy: 81.9% | Monthly average: GBP 3,865 | Property type: 2-bed
Paris is the top earner in this dataset. A central 2-bedroom apartment on Houst generates an average of GBP 46,382 per year after Airbnb fees. The spread is wide, from GBP 28,095 at the lower end to GBP 69,381 at the top, reflecting significant variation in location and property quality within the city.
Paris operates under a 120-night cap on primary residences for short-let activity. For investment properties and secondary residences the cap does not apply, and demand is strong year-round from tourism and business travel.
Dublin: GBP 41,689 per year
Average ADR: EUR 224 | Average occupancy: 85.9% | Monthly average: GBP 3,474 | Property type: 2-bed
Dublin has the highest average occupancy of any city in this dataset at 85.9%. The city has a structural accommodation shortage that keeps short-let demand consistently high. A central 2-bed generates an average of GBP 41,689 per year after Airbnb fees.
London: GBP 38,148 per year
Average ADR: GBP 182 | Average occupancy: 81.5% | Monthly average: GBP 3,179 | Property type: 2-bed
London offers the strongest data coverage in this dataset across zones and property types, making it the most statistically reliable benchmark. Average annual net revenue is GBP 38,148 for a central 2-bed. The range runs from GBP 14,818 to GBP 83,131. Location within London is the single biggest variable. For a breakdown by neighbourhood, see the guide to the best areas in London for Airbnb.
Edinburgh: GBP 33,706 per year
Average ADR: GBP 152 | Average occupancy: 88.8% | Monthly average: GBP 2,809 | Property type: 1-bed
Edinburgh has the highest average occupancy of any UK city in this dataset at 88.8%. The figures here are for 1-bedroom properties. A central Edinburgh 1-bed generates an average of GBP 33,706 per year after Airbnb fees. The festival period in August creates a significant seasonal spike that well-managed properties capture substantially.
Brisbane: GBP 30,006 per year
Average ADR: AUD 262 | Average occupancy: 80.4% | Monthly average: GBP 2,501 | Property type: 2-bed
Brisbane outperforms Melbourne on both ADR and annual net revenue in this dataset. A central 2-bed generates an average of GBP 30,006 per year after Airbnb fees. The city's post-Olympics investment pipeline and growing tourism base are driving consistent demand.
Perth: GBP 24,961 per year
Average ADR: AUD 235 | Average occupancy: 87.8% | Monthly average: GBP 2,080 | Property type: 2-bed
Perth stands out on occupancy within the Australian dataset at 87.8%. The city's relative isolation and strong mining and resources sector generate consistent corporate short-let demand. A central 2-bed generates an average of GBP 24,961 per year after Airbnb fees.
Melbourne: GBP 21,720 per year
Average ADR: AUD 193 | Average occupancy: 83.3% | Monthly average: GBP 1,810 | Property type: 2-bed
Melbourne is another well-represented market in this dataset after London. Average annual net revenue is GBP 21,720 for a central 2-bed. In local currency, average net revenue is approximately AUD 43,440. Melbourne's events calendar drives demand spikes that well-managed properties consistently capture.
Why Paris and Dublin outperform London
Houst data, Q1 2026
Why Paris and Dublin outperform London
Occupancy vs annual net revenue — bubble size reflects average nightly rate (GBP equivalent)
Source: Houst live performance data, Q1 2026. ADR shown as GBP equivalent. *Edinburgh = 1-bed; all others = 2-bed. Full methodology →
The result surprises most investors. London has higher name recognition and higher absolute property values. So why does Paris earn more?
Three factors account for it.
ADR premium. Paris central apartments command a higher average nightly rate than equivalent London properties. EUR 235 average ADR in Paris versus GBP 182 in London. Even accounting for the exchange rate, Paris nightly rates are higher on average across this dataset.
Demand mix. Paris short-let demand skews heavily towards leisure tourism, which tends to book at higher rates and further in advance than corporate demand. London's demand is more mixed, which moderates ADR.
Property type. The Paris properties in this dataset trend towards larger, well-located apartments. This is partly a selection effect rather than a structural market difference.
Dublin's outperformance is simpler. Occupancy at 85.9% is meaningfully higher than London's 81.5%, and the ADR gap between the two cities is smaller than it appears once converted to sterling.
What drives performance within a city
Houst data, Q1 2026
The within-city range
Same city, same platform — management and location create a wide earnings gap
Source: Houst live performance data, Q1 2026. 2-bed central properties, min 4.5 rating. Range shows lowest to highest in dataset. Full methodology →
City averages only tell part of the story. Within London the range is GBP 14,818 to GBP 83,131 per year. Within Paris it runs from GBP 28,095 to GBP 69,381. The city matters less than the specific property and how it is managed.
The variables that drive the spread within each city:
Location. A property in central London outperforms an equivalent one in an outer zone by a significant margin. A flat in the heart of Paris earns more than one on the periphery. Location within the city is the single biggest determinant of ADR.
Occupancy management. The difference between 70% and 85% occupancy on a property with a GBP 200 average nightly rate is approximately GBP 11,000 per year in additional revenue. Dynamic pricing and proactive calendar management are the main levers. For a full look at how occupancy varies by market, see the guide to Airbnb occupancy rates by city.
Property presentation. Rating data across this dataset shows properties above 4.8 consistently achieve higher ADR and occupancy than those rated between 4.5 and 4.7. Photography, amenities and presentation affect earnings directly.
Management approach. For a full breakdown of what professional management costs and what the return looks like, see the guide to Airbnb management fees and the article on whether management is worth it.
Estimate your specific property
City averages give a useful benchmark. They do not tell you what your specific property will earn.
To estimate your property's earnings, use the Houst investment calculator. Enter up to three addresses and compare estimated revenue, occupancy and net income after management fees side by side. It covers all 27 cities Houst operates across and uses the same underlying pricing model behind the figures in this article.
Methodology
All figures are drawn from Houst's live performance data across its managed portfolio as of Q1 2026. The dataset was filtered to properties with a minimum Airbnb rating of 4.5 and at least 250 available nights in the period, to exclude newly onboarded or inactive properties. Net revenue represents host payouts from Airbnb after platform fees, before property management fees. Edinburgh figures are based on 1-bedroom properties. GBP conversions for non-sterling markets reflect exchange rates as of Q1 2026. Results will vary based on property type, location within the city and market conditions.
Reviewed by Andrei S., Head of Growth at Houst, for regulatory accuracy and commercial relevance.
⭐ Rated 4.8/5 by 2,500+ Hosts
.webp)
⭐ Rated 4.8/5 by 2,500+ Hosts
🚀 Start & Scale Your Airbnb Business with Houst
Join Houst’s Airbnb Business Partnership Program to start, manage, and grow your short-term rental business. With expert marketing, automation tools, and dynamic pricing strategies, we help you maximise earnings and scale faster.
⭐ Rated 4.8/5 by 2,500+ Hosts
.png)
