How is Seoul performing?
94
Great
82
Rental Demand
62
Revenue Growth
85
Seasonality
47
Regulation
Annual Revenue
$9.6K
+3%
past year
Occupancy Rate
62%
+4%
past year
Average Daily Rate
$83.5
+3%
past year
Revenue per Available Rental (RevPAR)
$50
+6%
past year
Seoul Performance Details
Total available listings
33,448
+3%
past year
Listings by rental channel
Airbnb (99%)
Vrbo (1%)
Both (1%)
Listings by rental size
1 Bedroom (70%)
2 Bedroom (19%)
3 Bedroom (8%)
4 Bedroom (1%)
5+ Bedroom (1%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (34%)
91-180 nights (23%)
181-270 nights (20%)
271-365 nights (23%)
Listings by rental type
Entire Home (70%)
Private Room (29%)
Shared Room (2%)
Listings by Cancellation Policy
Flexible (14.1%)
Moderate (54.0%)
Strict (31.6%)
Super Strict (0.2%)
Listings by Minimum Stay
1 Night (0.2%)
2 Nights (18.5%)
3 Nights (13.3%)
4-6 Nights (12.4%)
7-29 Nights (9.4%)
30+ Nights (46.2%)
What amenities do listings have?
Internet
99%
Wireless Internet
99%
Aircon
98%
Heating
90%
Kitchen
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Enkor Stay | 61 | -0.4% | 226 | 4.36 |
Onda | 41 | 0.2% | 123 | 4.78 |
BoA Travel House | 21 | 0.1% | 454 | 4.82 |
Manager of Banana & Apple backpackers | 21 | -0.0% | 1074 | 4.58 |
Ewha Hostel | 17 | 0.1% | 276 | 4.73 |
Occupancy
Occupancy Rate
62%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$955,569
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$62
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$62
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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