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AirDNA Data: VN Default Ho Chi Minh City

How is Ho Chi Minh City performing?

88

Great
Market Score

34

Rental Demand

32

Revenue Growth

95

Seasonality

45

Regulation

Annual Revenue

$3.4K

+3%

past year

Occupancy Rate

40%

+4%

past year

Average Daily Rate

$57.4

+3%

past year

Revenue per Available Rental (RevPAR)

$21.5

+6%

past year

Ho Chi Minh City Performance Details

Total available listings

24,030

+3%

past year

Listings by rental channel

Channel

Airbnb (97%)

Vrbo (1%)

Both (3%)

Listings by rental size

Bedrooms

1 Bedroom (55%)

2 Bedroom (29%)

3 Bedroom (11%)

4 Bedroom (2%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (49%)

91-180 nights (22%)

181-270 nights (14%)

271-365 nights (15%)

Listings by rental type

Type

Entire Home (75%)

Private Room (24%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (53.9%)

Moderate (35.6%)

Strict (10.5%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (9.4%)

3 Nights (3.6%)

4-6 Nights (1.2%)

7-29 Nights (2.6%)

30+ Nights (83.2%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Aircon

99%

Kitchen

90%

Washer

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
The Metropole Residences
880.8%1900
4.90
NU apartment
74-0.2%1028
4.82
Hong Home Serviced Apartment
620.1%631
4.80
Mersey Hospitality
560.9%526
4.60
Emerald Group
22-0.3%87
4.46

Occupancy

Occupancy Rate

40%

+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

$344,571

+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)

$40

+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

$40

-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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