Airbnb Occupancy Rate in Santiago, Chile, Data & Trends 2026
Curious about the performance of short-term rentals in Santiago, Chile? Over the last year, the average occupancy rate was 58% with an ADR (Average Daily Rate) of 47€. Hosts earned on average 803€ per month.
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90-day occupancy forecast for Santiago so you can update rates and stay ahead of competitors.
Market summary in Santiago
Key metrics to optimize your pricing strategy
Avg. Monthly Revenue
803€
$731 USD
YoY Revenue Change
-13%
vs. previous year
Occupancy Rate
58%
~17 days/month
Average Daily Rate
47€
$43 USD
Seasonality Index
77%
demand variation
Best Months
July, August
peak season
Worst Months
February, May
low season
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What Santiago's occupancy and ADR actually mean
For the analysis period 2025-06 to 2026-05, Santiago shows 58% average occupancy at a 47€ ($43) ADR, producing about 804€ ($731) in average monthly revenue across roughly 209 booked nights a year and around 229 active listings. Santiago is the only Chilean market in our current dataset, so these figures effectively define the national benchmark rather than sitting above or below a separate average.
The headline caution is the -14% year-on-year revenue change: occupancy and the low ADR together signal a market under pricing pressure, likely from rising listing supply outpacing demand. With a 77% seasonality index, managers should expect winter (July-August) to carry a disproportionate share of annual revenue, so dynamic pricing that lifts rates hard in the ski-season peak and protects occupancy through the February and May troughs is the practical lever.
Monthly Airbnb occupancy in Santiago
Average occupancy rate by month in Santiago, compared with the same month a year earlier.
| Month | Occupancy | Prior year |
|---|---|---|
| Jul 2025 | 82.5% | 84.9% |
| Aug 2025 | 66.9% | 77.8% |
| Sep 2025 | 51.6% | 61.5% |
| Oct 2025 | 56.3% | 64.5% |
| Nov 2025 | 61.1% | 69.9% |
| Dec 2025 | 55.4% | 58.9% |
| Jan 2026 | 61.8% | 67.7% |
| Feb 2026 | 54.6% | 60.1% |
| Mar 2026 | 57.6% | 63.4% |
| Apr 2026 | 50.8% | 57% |
| May 2026 | 49.9% | 51.3% |
| Jun 2026 | 60.1% | 62.4% |
Historical Airbnb occupancy in Santiago (last 12 months)
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Airbnb occupancy forecast in Santiago (next 90 days)
These figures reflect real-time demand in Santiago, helping you plan and price strategically.
Why people book Airbnbs in Santiago
Santiago is Chile's capital and the main gateway for the country, so Airbnb demand is anchored by business travel into the financial districts of Las Condes, Providencia and Vitacura, plus stopover tourists using the city as a base before flying south to Patagonia, north to the Atacama, or out to Easter Island. The mix of corporate visitors, conference attendees and leisure travellers gives Santiago steadier weekday occupancy than a pure beach market.
The city also serves a large flow of regional travellers from elsewhere in Latin America and a growing wave of digital nomads drawn by safety and the metro network. Proximity to the Andes adds a second demand driver: in winter the ski resorts of Valle Nevado, La Parva and El Colorado, roughly 50 km northeast, push visitors into the city as their logistics base.
When Airbnb demand peaks in Santiago
Demand peaks in the southern winter. The API records July and August as the strongest months, driven by the Andean ski season (resorts run late June to early October, with deepest snowpack in July and August) and by visitors basing themselves in Santiago before heading to the mountains. The seasonality index of 77% confirms a pronounced high-low swing rather than flat year-round occupancy.
The weakest months are February and May. February is the local summer holiday when many santiaguinos leave the city for the coast, thinning urban demand, while May is a shoulder month between summer and the ski season. Event spikes interrupt the pattern: Lollapalooza Chile fills Parque O'Higgins over three days in mid-March (240,000+ per day), and Fiestas Patrias from 18-21 September brings a national-holiday surge.
Best neighbourhoods for short-term rentals in Santiago
Las Condes, Providencia and Vitacura form the affluent eastern corridor and are the safest, best-connected areas for short-term rentals; they command the highest nightly rates and draw business travellers and families, though condominium bylaws in apartment towers here are often the binding constraint on hosting. Providencia in particular balances residential calm with metro access and a deep supply of vacation rentals.
Closer to the centre, Barrio Lastarria and Bellas Artes are the walkable, culturally dense pocket favoured by leisure guests for galleries, restaurants and boutique stays. Bellavista and Barrio Italia skew younger and nightlife-driven, with the bulk of the city's hostels and party-oriented listings, while the historic Centro offers the lowest prices but weaker safety perception, so it suits budget and short-stay guests rather than premium positioning.
Short-term rental rules in Santiago
Chile has no national nightly-rental cap and no primary-residence requirement, so a secondary home or investment property can legally be let short-term in Santiago. Hosts may need to register with SERNATUR (the national tourism service) depending on the activity category; registration is free. There is no city-level night limit to track, but you must keep income records for tax with the SII.
In practice the binding rules are local rather than national. Condominium co-ownership bylaws frequently restrict or effectively ban short-term letting in apartment buildings through visitor-registration, noise or de facto minimum-stay clauses, and individual comunas (municipalities such as Las Condes or Providencia) apply their own zoning and commercial-permit rules. Confirm both the building's reglamento de copropiedad and the comuna's stance before listing.
Tools & strategies for Santiago
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* Calculations based on 30 days/month. Actual results may vary depending on market, season, property type, and implemented strategy.
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Frequently asked questions about Airbnb occupancy in Santiago
Over the 2025-06 to 2026-05 analysis period, Santiago averaged 58% occupancy, equivalent to roughly 209 booked nights a year across about 229 active listings. That is a moderate, business-supported level rather than a high-turnover beach market, with a strong winter peak pulling the annual figure up and quieter shoulder months in February and May weighing it down.
The strongest months are July and August, driven by the Andean ski season at Valle Nevado, La Parva and El Colorado, when Santiago acts as the logistics base. Push rates hard then. March (Lollapalooza, mid-month) and 18-21 September (Fiestas Patrias) bring short event spikes worth pricing for. February and May are the softest stretches.
There is no national nightly cap or primary-residence rule, so investment properties can be let legally. You may need a free SERNATUR registration depending on category and must keep tax records with the SII. The real constraints are local: condominium bylaws often restrict letting in apartment towers, and your comuna may apply zoning or commercial-permit rules, so check both first.
Las Condes, Providencia and Vitacura are the safest, best-connected and highest-rate areas, ideal for business and family guests, though apartment bylaws can block hosting. Lastarria and Bellas Artes suit leisure travellers wanting a walkable, cultural base. Bellavista and Barrio Italia draw younger, nightlife-led demand, while Centro offers budget pricing with weaker safety perception.