Airbnb Market Analytics, Statistics and Data in Grad Korčula, Dubrovnik-Neretva County, Croatia
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Grad Korčula? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Grad Korčula:
How much do Airbnb hosts make on average per month in Grad Korčula?
The short-term rental market in Grad Korčula shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $1,089 per month
- Strong performing properties (top 25%) make $2,101 or more
- Best-in-class properties (top 10%) achieve $3,423+ monthly
- Entry-level properties (bottom 25%) typically earn around $522
Revenue Variations by Month
Occupancy Rates Throughout the Year in Grad Korčula
The market in Grad Korčula shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 33% occupancy rates
- Strong performing properties (top 25%) achieve 55% or higher
- Best-in-class properties (top 10%) reach 70%+occupancy
- Entry-level properties (bottom 25%) average around 16%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Grad Korčula
Daily rates in Grad Korčula vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $100 per night
- Strong performing properties (top 25%) secure $155 or more
- Best-in-class properties (top 10%) pull in $311+ per night
- Entry-level properties (bottom 25%) earn around $71
Daily Rate Variations by Month
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Seasonality patterns in Grad Korčula
Peak Season (August, July, September)
- Revenue peaks at $3386.46 per month
- Occupancy rates reach 64.65%
- Daily rates average $224.64
Shoulder Season
- Revenue averages $1653.73 per month
- Occupancy maintains 36.28%
- Daily rates hold at $186.86
Low Season (January, February, December)
- Revenue drops to $713.43 per month
- Occupancy decreases to 17.19%
- Daily rates adjust to $144.80
Is it still profitable to do Airbnb in Grad Korčula in 2025?
Yes! Grad Korčula demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 36% and monthly revenue averaging $1654 and As a mature market with 751 active listings, there's strong demand despite the competition. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Grad Korčula
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Old Town | Famous for its medieval architecture, cobbled streets, and historical landmarks. A prime spot for tourists looking to immerse themselves in the rich history and culture of Korčula. | St. Mark's Cathedral, Marco Polo's House, Korčula Town Museum, The Cathedral Museum, Revelin Tower, Old Town Walls |
| Vela Pržina | A beautiful sandy beach area ideal for families and beach lovers. Attracts visitors looking for relaxation and beach activities. | Vela Pržina Beach, Lumbarda Beaches, Wine Tasting in Lumbarda, Sea Kayaking, Snorkeling Spots |
| Port of Korčula | The bustling harbor area where ferries arrive. Offers easy access to island hopping and is popular among travelers arriving via sea. | Ferry Terminal, Local Seafood Restaurants, Boat Tours, Water Sports Rentals |
| Lumbarda | A charming village known for its wine production and beautiful beaches. Ideal for visitors seeking a more tranquil atmosphere while still close to Korčula. | Grk Wine Tasting, Lumbarda Beaches, Čara Village, Cycling Paths, Scenic Walking Trails |
| Sveti Mihovil | A quieter area offering stunning views and local charm. Perfect for travelers looking for a peaceful retreat away from the busier tourist spots. | Hiking Trails, Scenic Views, Cultural Heritage Sites, Local Olive Oil Tastings |
| Čara | Known for its vineyard landscapes and traditional rural architecture. Attracts visitors interested in agritourism and local culture. | Wine Cellars, Olive Oil Producer Visits, Cultural Workshops, Nature Walks |
| Pupnatska Luka | A serene bay with crystal clear waters, perfect for swimming and relaxing. A hidden gem for those looking to escape the crowds. | Pupnatska Luka Beach, Snorkeling, Fishing Spots, Hiking Trails |
| Zrnovo | A picturesque village with a strong sense of local culture and great hiking opportunities. Ideal for travelers seeking authenticity and nature. | Village Church, Local Festivals, Hiking Trails, Historic Stone Houses |
Do you need a license for Airbnb in Grad Korčula?
We recommend checking directly with Grad Korčula's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Grad Korčula
VILLA SOFIA see front with pool and hot tub
Entire Place • 5 bedrooms
Grandeur Villa
Entire Place • 5 bedrooms
Rooftop pool and sea view
Entire Place • 4 bedrooms
Holiday House "GABRIELA"
Entire Place • 3 bedrooms
Villa Diva Korčula
Entire Place • 4 bedrooms
Korcula Luxury Apartments - Lavanda 3
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Grad Korčula
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| David | 3 | $169,341 | 16 | 5.00/5.0 |
| 20553610 | 5 | $168,683 | 0 | 0.00/5.0 |
| Solange | 2 | $164,009 | 20 | 2.40/5.0 |
| 458538237 | 3 | $152,959 | 2 | 0.00/5.0 |
| Korcula | 15 | $151,162 | 136 | 3.89/5.0 |
| Petar | 11 | $142,569 | 1050 | 4.95/5.0 |
| Luka | 7 | $134,838 | 120 | 3.50/5.0 |
| Franica | 2 | $122,633 | 13 | 5.00/5.0 |
| 12228383 | 4 | $117,379 | 0 | 0.00/5.0 |
| Gabrijela | 2 | $112,984 | 172 | 4.99/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Grad Korčula
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (89.1%), with apartment & condo and house properties comprising 88.3% of inventory
- Untapped potential in boutique & hotels, outdoor & mobile segments (3.3% combined)
Room Capacity Distribution
Analysis of 751 properties in Grad Korčula shows that 1 bedroom properties are most prevalent, making up 39.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 70.6% of all listings.
Key Insights
- Most common: 1 bedroom (39.9%)
- Least common: 5+ bedrooms (0.8%)
- Market concentration: 70.6% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 751 properties in Grad Korčula reveals that 4 guests properties dominate the market, representing 30.6% of all listings. The average property accommodates 3.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 61.0% of the market.
Key Insights
- Most common capacity: 4 guests (30.6% of market)
- Least common capacity: 1 guest (0.5% of market)
- Average guest capacity: 3.5 guests per property
- Market concentration: 61.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 751 properties in Grad Korčula, the most common availability pattern is 271-366 days (63.8% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (36.5% of properties).
Key Insights
- Most common availability window: 271-366 days (63.8%)
- Most common booking duration: 31-90 days (36.5%)
- Properties with high availability (180+ days): 94.9%
- Properties with long-term bookings (180+ days): 6.1%
Minimum Stay Distributions
1 Night
120 listings
18.5% of total
2 Nights
175 listings
27% of total
3 Nights
158 listings
24.4% of total
4-6 Nights
151 listings
23.3% of total
7-29 Nights
34 listings
5.2% of total
30+ Nights
10 listings
1.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 45.5%
- Mid-length stays (4-6 nights) represent 23.3% of listings
- Monthly+ stays (1.5%) suggest a stable extended-stay market
- High market flexibility with 69.9% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 60 Days
16 listings
2.3% of total
Super Strict 30 Days
10 listings
1.5% of total
Flexible
121 listings
17.7% of total
Moderate
164 listings
23.9% of total
Firm
159 listings
23.2% of total
Strict
215 listings
31.4% of total
Key Insights
- Strict is the preferred policy at 31.4% of listings
- The market shows a balanced distribution between guest-friendly (41.6%) and strict (54.6%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 1.5% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Aug, Jun, averaging 99 days
- Shortest booking windows are in Mar, Dec, Jan, averaging 51 days
- Summer shows the longest average booking window at 99 days, while Winter has the shortest at 52 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 99 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Jan when lead times are shortest
Popular Airbnb Amenities in Grad Korčula
Below is the distribution of amenities across listings in Grad Korčula:
Traveler Demographics
Key Insights
- Domestic travelers make up 3.4% of total guests, indicating a mostly international-driven market.
- Primary international markets: United Kingdom (27.9%) and Canada (12.7%)
- English is the top language at 62.9%, followed by French (12.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.5%
Recommendations
- Target marketing campaigns for London and England markets
- Develop localized content for United Kingdom and Canada
- Prioritize English and French language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Grad Korčula. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Strožanac Gornji | 40 | $3,693 | $407.00 | 45% |
| Dugopolje | 22 | $3,427 | $404.74 | 51% |
| Srinjine | 37 | $3,065 | $407.91 | 46% |
| Općina Klis | 97 | $2,807 | $384.47 | 49% |
| Majkovi | 19 | $2,694 | $331.76 | 43% |
| Lapčići | 10 | $2,679 | $295.12 | 44% |
| Ledenice | 10 | $2,651 | $396.08 | 42% |
| Grad Solin | 224 | $2,570 | $277.20 | 47% |
| Žrnovnica | 90 | $2,427 | $276.60 | 50% |
| Močići | 29 | $2,404 | $262.00 | 43% |
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