Side-by-side comparison

Naples 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 Naples on higher occupancy (36% vs 24%), stronger RevPAR (£34 vs £12).

Head-to-head metrics

 NaplesVenice
Median occupancy24%36%
Median daily rate£69£131
Median RevPAR£12£34
Active listings6,5956,967
YoY occupancy+9.2 pts+6.4 pts
YoY daily rate-3.6%-13.2%
Regulation risk
Annual night capNoneNone
License requiredNoNo

Full analysis: Naples vs Venice

On the money side of this comparison — what a listing actually earns against the nights it has available — Venice finishes decisively ahead of Naples. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 180.3% higher in Venice: £34 against £12. Venice sells 12 more points of its calendar — 36% median occupancy against 24% in Naples. That is not a rounding difference, and it compounds over a hold period.

Venice takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £131 against £69 — and still fills more of the year, 36% against 24%. 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 £34 against £12.

That verdict needs a caveat, because Naples is not simply the weaker market of the two. Nightly rates are also climbing faster in Naples, −3.6% over the last year against −13.2% in Venice. The twelve-month direction favours Naples too: occupancy there moved +9.2 points while Venice moved +6.4 points. If your model leans on that dimension, the ordering above can reasonably flip.

Neither Naples 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. Naples peaks in September at 53.4% and bottoms in November at 22.8%; Venice runs from 62.8% in September down to 28.1% in November. Naples is the steadier of the two at 30.6 points peak-to-trough against 34.7 — easier to underwrite against a mortgage — while Venice concentrates its return into a shorter window and rewards operators who price the peak aggressively instead of holding a flat rate all year.

Who each suits, then. Naples suits buyers who want a conventional, lightly regulated entry. It is also the momentum side of this pair. 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 2025-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 4,139 active Naples listings and 3,599 in Venice.

Frequently asked questions

Is Naples or Venice better for Airbnb investment?
Venice, on the data we track. It leads on stronger RevPAR (£34 vs £12), higher occupancy (36% vs 24%), and a higher nightly rate (£131 vs £69). Naples is not the weak side of this pair, though — it wins on faster rate growth (−3.6% vs −13.2% year over year).
Which has higher occupancy, Naples or Venice?
Venice, at 36% median occupancy against 24% in Naples — a gap of 12 points. That is a wide spread by short-term rental standards and usually reflects a structural demand difference rather than better hosting. Over the last twelve months Naples gained 9.2 points and Venice gained 6.4 points, so the gap is closing.
Which has higher nightly rates, Naples or Venice?
Venice, at £131 a night against £69 in Naples — roughly 90.7% more. Revenue per available night agrees rather than contradicts: £34 in Venice against £12, so the rate premium survives contact with the occupancy figures.
Which has stronger year-over-year growth, Naples or Venice?
Naples, on occupancy: +9.2 points over the last twelve months against +6.4 points in Venice. Nightly rates fell 3.6% in Naples and fell 13.2% 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, Naples or Venice?
Venice, with 6,967 active listings against 6,595 in Naples. 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 Naples vs Venice?
Venice earns more: roughly £12,342 a year for a median listing against £4,391 in Naples. 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 Naples
Occupancy, ADR, neighborhoods, regulation
Market guide
Airbnb in Venice
Occupancy, ADR, neighborhoods, regulation
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