I bought one condominium at Windmill Upon Hills last year. I want to do AirBnb.
Interesting Places in Genting Highland
- 20th Century Fox Theme Park
- Genting Premier Outlets
- Strawberry Farms
- Colmar Tropicale
- Organic Farm
- Zouk
and few more.
Now my next concern what would be the occupancy rate of Genting Highland AirBnb.
To do that, I compare with Midhill condominium as it is already completed and similar concept with Windmill Upon Hills and owners already rent them out as AirBnb units.
AirBnb Occupancy
I calculate how many days a unit is occupied in a month. A unit is occupied if on the day it is strike through.
Genting Highland AirBnb Occupancy Rate
Then I compiled few units and calculate average occupancy rate and I did it for few months.
Conclusion
Occupancy rate is still low around 35%, maybe 20th Century Theme is not yet opened.
It is way off from my estimation of 90% plus from my previous post Genting Rooms Occupancy Rate Estimation
I noticed there are agents who manage the AirBnB units (have same owners for different units) which is good for me as in long term I plan to outsource my AirBnb unit management.