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AirDNA Data: KR Default Gyeonggi Do

How is Gyeonggi Do performing?

27

Bad
Market Score

33

Rental Demand

47

Revenue Growth

64

Seasonality

40

Regulation

Annual Revenue

$14.2K

+3%

past year

Occupancy Rate

37%

+4%

past year

Average Daily Rate

$190.7

+3%

past year

Revenue per Available Rental (RevPAR)

$74.6

+6%

past year

Gyeonggi Do Performance Details

Total available listings

556

+3%

past year

Listings by rental channel

Channel

Airbnb (100%)

Vrbo (0%)

Both (0%)

Listings by rental size

Bedrooms

1 Bedroom (53%)

2 Bedroom (20%)

3 Bedroom (14%)

4 Bedroom (7%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (36%)

91-180 nights (22%)

181-270 nights (19%)

271-365 nights (23%)

Listings by rental type

Type

Entire Home (85%)

Private Room (14%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (15.0%)

Moderate (74.6%)

Strict (10.3%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (2.9%)

3 Nights (4.9%)

4-6 Nights (4.1%)

7-29 Nights (2.3%)

30+ Nights (85.8%)

What amenities do listings have?

Aircon

99%

Wireless Internet

96%

Internet

96%

Kitchen

89%

Parking

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Onda
22-0.1%20
4.64

Occupancy

Occupancy Rate

37%

+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

$1,422,355

+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)

$37

+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

$37

-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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