How is Seoul performing?
96
Great
90
Rental Demand
55
Revenue Growth
84
Seasonality
43
Regulation
Annual Revenue
$9K
+3%
past year
Occupancy Rate
62%
+4%
past year
Average Daily Rate
$84.1
+3%
past year
Revenue per Available Rental (RevPAR)
$50.3
+6%
past year
Seoul Performance Details
Total available listings
33,895
+3%
past year
Listings by rental channel
Airbnb (99%)
Vrbo (0%)
Both (1%)
Listings by rental size
1 Bedroom (73%)
2 Bedroom (17%)
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 (39%)
91-180 nights (23%)
181-270 nights (16%)
271-365 nights (22%)
Listings by rental type
Entire Home (69%)
Private Room (30%)
Shared Room (2%)
Listings by Cancellation Policy
Flexible (14.8%)
Moderate (52.6%)
Strict (32.3%)
Super Strict (0.2%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (18.0%)
3 Nights (13.4%)
4-6 Nights (12.4%)
7-29 Nights (9.9%)
30+ Nights (46.4%)
What amenities do listings have?
Internet
99%
Wireless Internet
99%
Aircon
98%
Kitchen
91%
Heating
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Enkor Stay | 79 | -0.4% | 238 | 4.30 |
Onda | 33 | 0.7% | 56 | 4.82 |
Manager of Banana & Apple backpackers | 22 | 0.0% | 1352 | 4.59 |
BoA Travel House | 19 | 0.0% | 410 | 4.81 |
Seoul Mansion | 14 | 0.0% | 914 | 4.66 |
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
$903,188
+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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