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AirDNA Data: KR Default Daejeon

How is Daejeon performing?

80

Good
Market Score

46

Rental Demand

52

Revenue Growth

98

Seasonality

43

Regulation

Annual Revenue

$4.5K

+3%

past year

Occupancy Rate

45%

+4%

past year

Average Daily Rate

$70.5

+3%

past year

Revenue per Available Rental (RevPAR)

$27.9

+6%

past year

Daejeon Performance Details

Total available listings

1,596

+3%

past year

Listings by rental channel

Channel

Airbnb (100%)

Vrbo (0%)

Both (0%)

Listings by rental size

Bedrooms

1 Bedroom (78%)

2 Bedroom (14%)

3 Bedroom (7%)

4 Bedroom (1%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (36%)

91-180 nights (27%)

181-270 nights (21%)

271-365 nights (16%)

Listings by rental type

Type

Entire Home (82%)

Private Room (17%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (22.2%)

Moderate (56.7%)

Strict (21.1%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (5.8%)

3 Nights (3.3%)

4-6 Nights (5.1%)

7-29 Nights (3.3%)

30+ Nights (82.5%)

What amenities do listings have?

Aircon

99%

Wireless Internet

97%

Internet

97%

Kitchen

87%

Heating

83%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

45%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$449,288

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$45

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$45

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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