Side-by-side comparison

Bologna vs Venice: which is better for Airbnb investment?

We compare the Italy short-term rental markets across occupancy, daily rate, RevPAR, year-over-year trend, and regulation.

Bottom line

Venice edges ahead of Bologna on higher occupancy (26.3% vs 19.7%), stronger RevPAR (£49 vs £32).

Head-to-head metrics

 BolognaVenice
Median occupancy19.7%26.3%
Median daily rate£150£194
Median RevPAR£32£49
Active listings3,8827,243
YoY occupancy+0 pts+0 pts
YoY daily rate+20.4%+47.6%
Regulation risk——
Annual night capNoneNone
License requiredNoNo

Full analysis: Bologna vs Venice

On the money side of this comparison — what a listing actually earns against the nights it has available — Venice finishes clearly ahead of Bologna. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 53.6% higher in Venice: £49 against £32. Venice commands 28.8% more per night, £194 against £150. Those gaps are wide enough to survive a normal year's variance.

Venice takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £194 against £150 — and still fills more of the year, 26.3% against 19.7%. A market that leads on price and utilisation at once is normally one where demand has outrun supply, rather than one where hosts are discounting to keep the calendar busy. RevPAR reflects the double advantage at £49 against £32.

That verdict needs a caveat, because Bologna is not simply the weaker market of the two. Bologna is the less crowded of the two — 3,882 active listings to 7,243 — so a well-run property has fewer near-identical rivals to out-rank. Bologna sits at the cheaper end at £150 a night against £194, which lowers the bar for filling shoulder-season dates and usually tracks a lower purchase price too. If your model leans on that dimension, the ordering above can reasonably flip.

Neither Bologna nor Venice currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.

The two calendars also behave differently. Bologna peaks in September at 70.8% and bottoms in December at 32.8%; Venice runs from 68.6% in October down to 29.1% in December. Both swing by a similar amount across the year, so neither offers meaningfully steadier cash flow than the other.

Who each suits, then. Bologna suits buyers who want a conventional, lightly regulated entry. Venice answers to the same regulatory profile, so the split between them is operational rather than legal. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2026-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 3,882 active Bologna listings and 7,243 in Venice.

Frequently asked questions

Is Bologna or Venice better for Airbnb investment?
Venice, on the data we track. It leads on stronger RevPAR (£49 vs £32), a higher nightly rate (£194 vs £150), and higher occupancy (26.3% vs 19.7%). Bologna is not the weak side of this pair, though — it wins on a thinner competitive field (3,882 vs 7,243 active listings).
Which has higher occupancy, Bologna or Venice?
Venice, at 26.3% median occupancy against 19.7% in Bologna — a gap of 6.6 points. That is a real but modest edge; a well-run listing in Bologna can close most of it. Over the last twelve months Bologna was flat and Venice was flat, so the gap is closing.
Which has higher nightly rates, Bologna or Venice?
Venice, at £194 a night against £150 in Bologna — roughly 28.8% more. Revenue per available night agrees rather than contradicts: £49 in Venice against £32, so the rate premium survives contact with the occupancy figures.
Which has stronger year-over-year growth, Bologna or Venice?
Bologna, on occupancy: +0 points over the last twelve months against +0 points in Venice. Nightly rates rose 20.4% in Bologna and rose 47.6% in Venice over the same window. One year of movement is a direction, not a trend — weigh it against the regulation picture before treating it as momentum.
Which is the bigger Airbnb market, Bologna or Venice?
Venice, with 7,243 active listings against 3,882 in Bologna. Size cuts both ways: a deep market gives you comparables, contractors and an exit, while a thinner one means fewer near-identical rivals competing for the same search results.
How much can you earn from an Airbnb in Bologna vs Venice?
Venice earns more: roughly £17,881 a year for a median listing against £11,623 in Bologna. Those are gross booking revenues before cleaning, management, platform fees, furnishing amortisation and tax — budget for a meaningful share of them, and note that a median listing is a median operator, not a good one.

Go deeper on each city

Market guide
Airbnb in Bologna →
Occupancy, ADR, neighborhoods, regulation
Market guide
Airbnb in Venice →
Occupancy, ADR, neighborhoods, regulation
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