How is Seoul performing?
94
Great
90
Rental Demand
72
Revenue Growth
90
Seasonality
53
Regulation
Annual Revenue
$11.9K
+3%
past year
Occupancy Rate
66%
+4%
past year
Average Daily Rate
$91.3
+3%
past year
Revenue per Available Rental (RevPAR)
$58.6
+6%
past year
Seoul Performance Details
Total available listings
33,025
+3%
past year
Listings by rental channel
Airbnb (98%)
Vrbo (1%)
Both (2%)
Listings by rental size
1 Bedroom (59%)
2 Bedroom (27%)
3 Bedroom (11%)
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 (16%)
91-180 nights (20%)
181-270 nights (22%)
271-365 nights (41%)
Listings by rental type
Entire Home (71%)
Private Room (27%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (24.8%)
Moderate (48.1%)
Strict (26.7%)
Super Strict (0.3%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (22.8%)
3 Nights (14.1%)
4-6 Nights (11.0%)
7-29 Nights (6.1%)
30+ Nights (45.8%)
What amenities do listings have?
Internet
99%
Wireless Internet
99%
Aircon
99%
Heating
92%
Kitchen
87%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Onda | 233 | 1.9% | 202 | 4.60 |
Urbanstay | 104 | 5.5% | 2119 | 4.81 |
Host G | 70 | 0.5% | 4351 | 4.89 |
Wecostay | 62 | -0.1% | 11818 | 4.84 |
WECOSTAY | 31 | 0.1% | 9707 | 4.89 |
Excellent
4.8(687 reviews)
“Gave me the visibility to make researched decisions on properties. The amount of data I was able to retrieve allowed me to make more educational decisions. Would recommend to anyone looking into STR.”
Seoul Occupancy Data
Occupancy Rate
66%
+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
Seoul STR Revenue Data
Average revenue
$1,191,249
+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)
$66
+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
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