Airbnb Occupancy Rate in Cusco, Peru, Data & Trends 2026

Over the June 2025 to May 2026 analysis period, Cusco averaged 52% occupancy across about 187 booked nights a year, with an ADR of 30€ (around $27) and average monthly revenue of 463€ (around $421). Against the Peruvian cities in our data, Cusco runs roughly three to four points below the national average occupancy of about 55% and well under the national ADR of around 37€, sitting behind Lima on both rate and fill despite its far larger visitor numbers.

The gap reflects dense budget-oriented supply and a heavily tour-driven, low-ticket trekker market: high footfall but modest nightly rates. Revenue is down about 7% year on year, a meaningful softening, and seasonality of 46% is among the more volatile in the sample. The takeaway is that Cusco rewards capturing the June-August peak hard and pricing the wet-season trough realistically rather than expecting steady year-round revenue.

Cusco sits at 3,399 metres in the Peruvian Andes and is the country's primary tourist destination, drawing over two million visitors a year almost entirely because it is the gateway to Machu Picchu, the Sacred Valley and the Inca Trail. The overwhelming majority of guests are international leisure travellers who pass through for a few nights to acclimatise to the altitude before or after a trek, so demand is built on short, transient stays rather than long holiday weeks. The city's UNESCO-listed colonial core, Inca stonework and a steady stream of trekkers, backpackers and tour groups keep occupancy concentrated around the historic centre.

For managers this is a tour-driven market: bookings cluster around fixed trek departure dates and Sacred Valley itineraries, and listings that handle altitude-related early arrivals, offer luggage storage during multi-day treks and sit within walking distance of the Plaza de Armas turn over fastest. With roughly 434 active listings tracked in our data, supply is dense in the centre, so visibility and tight pricing matter more than amenities at the budget end.

The Centro Histórico around the Plaza de Armas is the default short-term-rental base: walkable to restaurants, agencies and Inca sites, it carries the highest and most reliable occupancy and is the safe choice for transient trekking guests. San Blas, the artisans' quarter four blocks uphill on its cobbled northeast slope, trades on a bohemian, gallery-and-workshop atmosphere and draws a younger, design-led traveller willing to pay similar nightly rates; its steep streets and stairs, however, are a real consideration for guests carrying packs at altitude.

The wider city spreads across the districts of Wanchaq, Santiago, San Sebastián and San Jerónimo, which are more residential and cheaper but sit away from the tourist core, so they suit longer or budget stays rather than premium nightly rates. For STR purposes, demand falls off quickly once you leave the historic centre and San Blas.