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AirDNA Data: VN Default Ho Chi Minh City

How is Ho Chi Minh City performing?

68

Good
Market Score

46

Rental Demand

98

Revenue Growth

6

Seasonality

60

Regulation

Annual Revenue

$1.9K

+3%

past year

Occupancy Rate

18%

+4%

past year

Average Daily Rate

$34.5

+3%

past year

Revenue per Available Rental (RevPAR)

$13

+6%

past year

Ho Chi Minh City Performance Details

Total available listings

81,588

+3%

past year

Listings by rental channel

Channel

Airbnb (96%)

Vrbo (3%)

Both (1%)

Listings by rental size

Bedrooms

1 Bedroom (62%)

2 Bedroom (25%)

3 Bedroom (9%)

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 (87%)

91-180 nights (5%)

181-270 nights (4%)

271-365 nights (4%)

Listings by rental type

Type

Entire Home (65%)

Private Room (33%)

Shared Room (2%)

Listings by Cancellation Policy

Flexible (54.7%)

Moderate (29.2%)

Strict (16.0%)

Super Strict (0.1%)

Listings by Minimum Stay

1 Night (1.0%)

2 Nights (8.9%)

3 Nights (3.0%)

4-6 Nights (1.2%)

7-29 Nights (2.2%)

30+ Nights (83.6%)

What amenities do listings have?

Wireless Internet

95%

Aircon

94%

Kitchen

86%

Tv

85%

Washer

80%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Emerald Group
320.0%106
4.49
HoLo
20-0.4%848
4.51
Homes By IDG
140.0%370
4.90
Ruby Home Viet Nam
13-0.4%74
4.45
Dillman LLC
90.3%35
4.69

Occupancy

Occupancy Rate

18%

+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

$188,024

+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)

$18

+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

$18

-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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