TRAVEL: UK Residents Could Earn over £1.5k by Airbnb’ing Their Home Over Christmas

With increased demand for cosy holiday getaways, renting out your home this Christmas whilst you’re visiting family and friends elsewhere could be a lucrative opportunity for those looking to supplement their earnings during the winter season.

UK residents in some of the top areas could expect to earn over £1k in just one week. Leading holiday lettings experts at Pikl have crunched the numbers to reveal how much you could make by listing your property on Airbnb this Christmas, with cities across the UK showcasing impressive earning potential.

Airbnb Earnings Across Top 10 UK Cities

The list below showcases the average earnings you could expect by listing your property on Airbnb this Christmas season. These figures reflect the potential income from renting an entire home based on current market insights.

The UK cities that boast the most impressive average Airbnb earnings this Christmas are City of London, Westminster, St Davids, Chester, Truro, Oxford, and Edinburgh all adding £1.3k or more extra to household income.

1. City of London

Average Nightly Rate: £220 Average 7-Day Rate: £1,540As the epicenter of business and culture, the City of London sees high demand year-round. Over Christmas, its proximity to iconic landmarks like St. Paul’s Cathedral and the Tower of London makes it especially appealing for visitors.

2. Westminster

Average Nightly Rate: £210Average 7-Day Rate: £1,470With Buckingham Palace, Big Ben, and Westminster Abbey within its borders, this area is a dream location for tourists. The high nightly rate reflects its enduring popularity.

3. St Davids, Wales

Average Nightly Rate: £200Average 7-Day Rate: £1,400 As the UK’s smallest city, St David's charms visitors with its stunning coastline and rich history, making it a top spot for a festive escape.

4. Chester

Average Nightly Rate: £200Average 7-Day Rate: £1,400 Known for its Roman walls, picturesque streets, and Christmas markets, Chester offers an inviting mix of history and holiday cheer.

5. Truro, Cornwall

Average Nightly Rate: £190Average 7-Day Rate: £1,330 Cornwall’s only city is a hub for arts, culture, and festive events, drawing visitors seeking a cosy yet vibrant Christmas getaway.

6. Oxford

Average Nightly Rate: £190Average 7-Day Rate: £1,330 The dreaming spires of Oxford attract holidaymakers looking for a magical setting steeped in history and academic charm.

7. Edinburgh, Scotland

Average Nightly Rate: £190Average 7-Day Rate: £1,330 Scotland’s capital comes alive during the festive season, with its world-famous Christmas markets and Hogmanay celebrations making it a must-visit destination.

8. Bath

Average Nightly Rate: £185Average 7-Day Rate: £1,295 Renowned for its Roman baths and Georgian architecture, Bath also boasts one of the UK’s best Christmas markets, drawing visitors from far and wide.

9. Ripon, Yorkshire

Average Nightly Rate: £180Average 7-Day Rate: £1,260 This quaint cathedral city offers a peaceful retreat and easy access to the Yorkshire Dales, making it a festive favourite.

10. Chichester

Average Nightly Rate: £180Average 7-Day Rate: £1,260 This charming city in West Sussex is known for its stunning cathedral and cultural events, making it a top pick for holiday travelers.

“While it’s an exciting prospect and relatively simple to set up, there’s a few things we suggest for new Airbnb hosts ahead of welcoming guests. Setting up house rules is a good place to start, and this can be done as part of your listing. Hosts might want to consider ruling out things like smoking, pets, and even having a rule against events at the property, especially around Christmas and New Years.

It can even be helpful to establish communication with guests ahead of their stay, giving hosts assurance that they’re genuine visitors. Lastly, as you’ll be welcoming guests into your home, having the right type of insurance cover is a must — without this, or when relying on the ‘Aircover’ included with Airbnb, hosts can find themselves at a loss should there be any property damage or loss of income.”

If you’re keen to find out how much you could be making by renting your home out to guests, Pikl have Airbnb host guides full of tips to help you: https://www.pikl.com/airbnb-insurance/airbnb-host-guides/