This is the second paper on a systematic search for variable stars in Cyg OB3 region. In this paper we present the observational properties of 46 variable stars found in the region. Among them, 27 are eclipsing binaries and others are semi-long periodic or slow irregular variables. Only 5 are known variables and the rest are newly discovered ones. We have obtained the period and amplitude of 20 eclipsing binaries using the phase fitting method, and present the light curves of 46 variable stars.

As a part of the short-period variability survey (SPVS) at Bohyunsan Optical Astronomy Observatory, we obtained time-series BV CCD images in the region of Cyg OB3 association centered on the open cluster NGC 6871. The observations were performed for 18 nights from September 5, 2008 to September 1, 2009. We found 15 short-period variable stars in the region. They are δ Scuti type stars belonging to the local spiral arm, Orion spur. Among them, only two stars were previously known, and the rest are newly discovered ones. In this paper, we have performed a multiple-frequency analysis to determine frequencies of the 15 δ Scuti type stars, using the discrete Fourier transform and linear least-square fitting methods. One of the newly discovered variable stars is a double-mode δ Scuti type star with the fundamental and the first overtone modes, and two are high amplitude δ Scuti stars.