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AirDNA Data: KR Default Gwangju

How is Gwangju performing?

52

Okay
Market Score

26

Rental Demand

40

Revenue Growth

96

Seasonality

47

Regulation

Annual Revenue

$4.3K

+3%

past year

Occupancy Rate

39%

+4%

past year

Average Daily Rate

$63

+3%

past year

Revenue per Available Rental (RevPAR)

$23

+6%

past year

Gwangju Performance Details

Total available listings

931

+3%

past year

Listings by rental channel

Channel

Airbnb (100%)

Vrbo (0%)

Both (0%)

Listings by rental size

Bedrooms

1 Bedroom (77%)

2 Bedroom (15%)

3 Bedroom (5%)

4 Bedroom (1%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (33%)

91-180 nights (20%)

181-270 nights (17%)

271-365 nights (31%)

Listings by rental type

Type

Entire Home (77%)

Private Room (19%)

Shared Room (4%)

Listings by Cancellation Policy

Flexible (23.5%)

Moderate (58.4%)

Strict (18.2%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (5.4%)

3 Nights (2.3%)

4-6 Nights (2.1%)

7-29 Nights (0.4%)

30+ Nights (89.8%)

What amenities do listings have?

Aircon

98%

Internet

97%

Wireless Internet

97%

Kitchen

88%

Heating

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

39%

+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

$427,100

+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)

$39

+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

$39

-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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