Curious about the performance of short-term rentals in Cebu City, Philippines? Over the last year, the average occupancy rate was 57% with an ADR (Average Daily Rate) of 29€. Hosts earned on average 483€ per month.

90-day occupancy forecast for Cebu City so you can update rates and stay ahead of competitors.
Key metrics to optimize your pricing strategy
Avg. Monthly Revenue
483€
$440 USD
YoY Revenue Change
-12%
vs. previous year
Occupancy Rate
57%
~17 days/month
Average Daily Rate
29€
$26 USD
Seasonality Index
18%
demand variation
Best Months
July, December
peak season
Worst Months
October, November
low season
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Over the analysis period June 2025 to May 2026, Cebu City averaged 57% occupancy at an ADR of 29 euros (about 26 dollars), producing roughly 486 euros (about 442 dollars) in average monthly revenue across 207 booked nights a year. Because Cebu City is currently the only Philippine market in our dataset, it is by definition the national reference point: its 57% occupancy and 29-euro ADR effectively define the country average here rather than beating or trailing it.
The figures point to a high-volume, low-rate market: occupancy is healthy but the modest ADR keeps per-night revenue low, so unit economics depend on filling nights rather than charging premiums. Seasonality is mild at 18%, confirming that demand is spread fairly evenly with January, July and December as the peaks. The one caution is year-on-year revenue at -12%, a meaningful decline likely tied to rising listing supply, so operators should expect rate pressure and compete on quality and location.
Average occupancy rate by month in Cebu City, compared with the same month a year earlier.
| Month | Occupancy | Prior year |
|---|---|---|
| Jul 2025 | 60.9% | 64.9% |
| Aug 2025 | 58.6% | 60.8% |
| Sep 2025 | 58% | 56.1% |
| Oct 2025 | 52.5% | 60% |
| Nov 2025 | 62.5% | 63.1% |
| Dec 2025 | 63% | 65.1% |
| Jan 2026 | 61.5% | 64% |
| Feb 2026 | 51.3% | 53.8% |
| Mar 2026 | 55.7% | 56.6% |
| Apr 2026 | 57.7% | 58.1% |
| May 2026 | 60.6% | 59.3% |
| Jun 2026 | 56.2% | 58.6% |
📌 Historical trends reveal seasonal highs – plan accordingly.
These figures reflect real-time demand in Cebu City, helping you plan and price strategically.
Cebu City is the tourist gateway to the central and southern Philippines, and its Airbnb demand is split between two distinct guests. The first are leisure travellers using the city as a launch point for the beaches, dive sites and island resorts of nearby Mactan and the wider Visayas, plus domestic Filipino tourists arriving via Mactan-Cebu International Airport. The second are business and remote-work guests tied to Cebu's large business-process-outsourcing (BPO) sector, with regional banking, finance and IT headquarters clustered around Cebu Business Park and Cebu IT Park.
This dual demand base supports longer average stays than a pure beach destination, since BPO contractors, relocating professionals and project teams often book monthly. Cebu's January 2026 hosting of the 45th ASEAN Tourism Forum further lifted its international profile, and the market is sizeable: roughly 600 active listings show in our sample for the city itself, set against thousands more across the metro and Mactan.
Cebu sits in a tropical monsoon zone with a long wet season and only a short March-April dry spell, so the single biggest demand driver is not weather but the Sinulog Festival, held on the third Sunday of January (18 January in 2026). Sinulog draws huge domestic and international crowds for its Santo Niño street dancing, and the surrounding nights of the Lifedance and Sinulog Invasion music events; rates and occupancy spike sharply in this window and bookings should be opened months ahead.
In our data July and December rate as the strongest months, reflecting the summer travel peak and the Christmas-New Year holidays, while October and November are the softest, coinciding with the heavier rains of the late wet season. The dry March-April stretch supports steady leisure bookings without the festival surge.
For short-term rental, the clearest winners are Cebu IT Park and Lahug, where furnished condos sit beside BPO offices, restaurants and nightlife and command the city's higher nightly rates from business and remote-work guests. Adjacent Mabolo is a practical mid-range base, within a short walk of SM City and a drive of Ayala Center and IT Park. Capitol Site and the uptown Fuente Osmeña area suit guests who want a central, transit-friendly location.
Beach-oriented demand concentrates in Mactan near Punta Engaño rather than the city core, while the newer South Road Properties (SRP) towers target the Airbnb crowd directly. Note that IT Park studio clusters, Mactan township developments and generic SRP mid-market towers already show signs of oversupply, so differentiation matters in those pockets.
There is no single national short-term-rental law in the Philippines; Cebu City regulates hosting through local-government permits and national tax registration. In practice a host is expected to register the activity and hold a Mayor's Permit and Barangay Clearance, plus a fire safety certificate, a sanitary permit and BIR tax registration, and to comply with the rules of the building or condominium association, which can restrict or ban nightly letting.
Department of Tourism (DOT) accreditation of alternative accommodations is optional but increasingly common in Cebu and Central Visayas, and officials have signalled tighter scrutiny following the 2026 ASEAN Tourism Forum. Treating DOT accreditation as a credibility and compliance asset, alongside the mandatory LGU permits and BIR registration, is the safer posture for operators.
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* Calculations based on 30 days/month. Actual results may vary depending on market, season, property type, and implemented strategy.
Across the June 2025 to May 2026 analysis period, listings in Cebu City averaged about 57% occupancy, equal to roughly 207 booked nights per year. That is a healthy fill rate, but it pairs with a low average daily rate near 29 euros, so the market rewards keeping calendars full rather than charging premium nightly prices.
The standout window is the Sinulog Festival on the third Sunday of January (18 January in 2026), when demand and rates surge; open these dates months ahead. Our data also shows July and December as strong months, driven by summer travel and the Christmas holidays, while October and November are the softest, during the heavier late-wet-season rains.
Yes. Cebu City hosts are expected to register the business and obtain a Mayor's Permit, Barangay Clearance, fire safety certificate, sanitary permit and BIR tax registration, and to respect any condominium rules on short lets. Department of Tourism accreditation is optional but increasingly expected, especially after the 2026 ASEAN Tourism Forum raised compliance scrutiny.
Cebu IT Park and Lahug lead, with furnished condos near BPO offices, dining and nightlife earning the higher nightly rates; Mabolo is a solid mid-range base near SM City and Ayala. Capitol Site and uptown Fuente Osmeña offer central locations, while beach demand sits in Mactan rather than the city core. Watch for oversupply in IT Park studios and SRP towers.