Airbnb Occupancy Rates in Penzance, Cornwall(November 2026)

Source: GuestFavoritesLast updated: 2026-11-02

Airbnbs in Penzance, Cornwall earn an average of £33,158 per year, with a typical occupancy rate of 63% and daily rates averaging £145. There were 500 listings published on Airbnb in November 2026.

This analysis will dive into the market dynamics, pricing strategies, and investment opportunities for short-term rental investors in Penzance, England.

Penzance Airbnb Market Map (November 2026)

500 listings

Penzance Market Performance

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Average Daily Rate (ADR)£145Average daily income from a booked room in Penzance.
Occupancy Rate63% Indicates strong demand and frequent bookings.
Median Annual Revenue£33,158The usual yearly earnings for an Airbnb in Penzance.
Active Listings500The total count of active short-term rental listings.

England average: 59% occupancy, £168 per night.

Airbnb occupancy rates by city in England

Period: November 2025 - October 2026

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Airbnb market analytics dashboard for Penzance, Cornwall

How Often Will Your Airbnb Be Booked in Penzance?

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Occupancy rates directly impact your revenue potential. Understanding demand patterns helps you set realistic expectations and optimize your availability strategy.

The current average occupancy rate in Penzance is 63%, meaning properties are booked for about 229 nights per year. However, occupancy varies significantly based on property quality and management. Here's what you can expect:

Airbnb Occupancy Tiers in Penzance

Premium(Top 10%)
High-performing(Top 25%)
Average(Median)
Low-performing(Bottom 25%)
93%74%52%28%
*High desirability & optimized availability
*Good market fit & guest satisfaction
*Standard market performance
*Higher vacancy, optimization needed

Seasonal Occupancy Patterns in Penzance

Peak Months

September, July

Highest demand and occupancy rates. Perfect for premium pricing strategies and maximizing revenue. Consider longer minimum stays and higher rates.

Shoulder Months

November, December

Moderate demand with balanced pricing opportunities. Good for attracting budget-conscious travelers while maintaining reasonable occupancy rates.

Low Months

January, February

Lower demand requires competitive pricing and creative marketing. Focus on local events, extended stay discounts, and targeting specific traveler segments.

How Much Can You Earn with Airbnb in Penzance?

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One of the most common questions for potential Airbnb hosts in Penzance is about earning potential. Let's break down the revenue patterns and what you can realistically expect to earn.

Monthly Revenue Trends in Penzance

Best-in-class Airbnb properties (top 10%) in Penzance achieve around £42,425 annually, while strong performers (top 25%) earn at least £30,223. Typical properties generate about £19,552 per year, and entry-level listings (bottom 25%) see earnings near £9,760, often with room for optimization. Keep in mind, these are market averages—your actual earnings can be even higher depending on your property's location, bedrooms, guest capacity, and unique amenities.

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What Should You Charge for Your Airbnb in Penzance?

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Pricing is one of the most critical decisions for Airbnb success. Let's analyze the current pricing landscape and help you understand what rates you can realistically charge.

The current average daily rate in Penzance is £145 per night. However, pricing varies significantly based on property quality and location. Here's what different property tiers typically charge:

Airbnb Pricing Tiers in Penzance

Premium(Top 10%)
High-performing(Top 25%)
Average(Median)
Budget(Bottom 25%)
£203per night£150per night£111per night£63per night
*Top locations, big properties, premium amenities
*Good property management, highly rated
*Standard market performance
*Basic properties, less desirable locations

Is It Profitable to Start an Airbnb in Penzance?

Investment Analysis →

Understanding the profitability potential is crucial for any Airbnb investment decision. Let's analyze the revenue performance and profit margins in the Penzance market to help you make informed financial decisions.

Revenue Performance
Top Performers (10%)£42,425
Strong Performers (25%)£30,223
Market Average£33,158
Entry Level (25%)£9,760
Profitability Factors
High Occupancy: 63% occupancy rate indicates strong demand and consistent bookings.
Strong ADR: £145 average daily rate supports healthy profit margins.
Market Growth: Emerging market with proven demand patterns.
Profitability Outlook: Penzance offers excellent profitability potential with competitive pricing advantages. The combination of 63% occupancy and £145 ADR creates a profitable investment environment for short-term rental hosts.

What Are the Airbnb Regulations in Penzance?

Understanding local regulations is crucial for operating a successful Airbnb. Let's examine the compliance landscape and what you need to know about licensing requirements in Penzance.

Rules for new hosts

Can a new host open an entire-home rental here?

Yes. No licence is needed.

Regulation level Low
  1. July 2025Referendum approves the Penzance Neighbourhood Plan
  2. September 2025Cornwall Council decides to make the Penzance Neighbourhood Plan (effective 9 September 2025), including Policy H2 (principal residence on new dwellings in mapped zones)
  3. TodayNo change scheduled
Building / HOA
Bylaws can ban itNational
Trend
TighteningMunicipal
New licences
AvailableNational

The Penzance Neighbourhood Plan 2020-2030 was approved at referendum on 31 July 2025 (91.6% in favour) and made by Cornwall Council on 1 September 2025, in effect from 9 September 2025. Its Policy H2 requires new dwellings (other than allocated sites) in mapped zones covering Mousehole, Paul, parts of Newlyn and parts of Penzance to be occupied only as a main home, secured by a legal agreement. The plan states that it does not affect how existing dwellings are used, so buying an existing home to let short-term is not restricted by it.

Last checked October 22, 2026
This is a summary, not legal advice. Check with the local authority before investing.

Registration Numbers on Airbnb

None of the active Airbnb listings we tracked last month display a registration or license number.

This reflects what hosts publish on their Airbnb listings, not the local legal requirements. Always confirm them with local authorities.

Our Classification No Registration Numbers Found

Key Regulatory Requirements

Minimal registration requirements may apply.

  • Registration numbers must be displayed on listings
  • Hosts must comply with local zoning laws
  • Tax collection and reporting obligations apply
  • Safety standards and insurance requirements must be met

Compliance Benefits

Very low compliance barriers make it easy to start your Airbnb business.

  • Avoid fines and legal issues
  • Build trust with guests and neighbors
  • Ensure long-term business sustainability
  • Maintain listing visibility on platforms

Important: Regulations can change frequently, and requirements may vary by neighborhood. Always verify current requirements with local authorities before starting your Airbnb business.

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