Airbnb Market Analytics, Statistics and Data in Bongpyeong-myeon, Gangwon State, South Korea
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Bongpyeong-myeon? 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 Bongpyeong-myeon:
How much do Airbnb hosts make on average per month in Bongpyeong-myeon?
The short-term rental market in Bongpyeong-myeon 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 $440 per month
- Strong performing properties (top 25%) make $1,047 or more
- Best-in-class properties (top 10%) achieve $2,587+ monthly
- Entry-level properties (bottom 25%) typically earn around $212
Revenue Variations by Month
Occupancy Rates Throughout the Year in Bongpyeong-myeon
The market in Bongpyeong-myeon 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 13% occupancy rates
- Strong performing properties (top 25%) achieve 22% or higher
- Best-in-class properties (top 10%) reach 40%+occupancy
- Entry-level properties (bottom 25%) average around 6%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Bongpyeong-myeon
Daily rates in Bongpyeong-myeon 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 $136 or more
- Best-in-class properties (top 10%) pull in $191+ per night
- Entry-level properties (bottom 25%) earn around $77
Daily Rate Variations by Month
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Seasonality patterns in Bongpyeong-myeon
Peak Season (April, May, March)
- Revenue peaks at $1718.21 per month
- Occupancy rates reach 22.85%
- Daily rates average $127.65
Shoulder Season
- Revenue averages $977.81 per month
- Occupancy maintains 17.37%
- Daily rates hold at $119.06
Low Season (October, September, November)
- Revenue drops to $575.05 per month
- Occupancy decreases to 13.48%
- Daily rates adjust to $111.68
Is it still profitable to do Airbnb in Bongpyeong-myeon in 2025?
Yes! Bongpyeong-myeon demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 17% and monthly revenue averaging $978 and With 227 active listings, the market shows established demand while maintaining room for growth. 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 (leaf-peepers, wine tourists, cultural festival attendees, solo travelers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Bongpyeong-myeon
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Bongpyeong | A beautiful rural area known for its stunning landscapes, particularly during the winter for skiing, making it popular among tourists looking for a peaceful countryside experience. | Bongpyeong White Birch Forest, Yongpyong Resort, Daegwallyeong Sheep Ranch, Bongpyeong Cultural Center, Daegwallyeong Skywalk |
| Pyeongchang | Famous for hosting the Winter Olympics, Pyeongchang offers visitors access to world-class ski resorts and a wealth of outdoor activities all year round. | Alpensia Ski Resort, Odaesan National Park, Woljeongsa Temple, Pyeongchang Olympic Stadium, Pyeongchang Trout Festival |
| Wollongong | A serene town located near Bongpyeong, known for its beautiful valleys and traditional Korean homes, attracting visitors looking for tranquility and nature. | Wollongong Mountain, Traditional Korean Villages, Local Markets, Scenic Hiking Trails, Cultural Heritage Sites |
| Phoenix Park | A premier ski resort area known for its facilities and beautiful scenery, particularly popular with winter sports enthusiasts and vacationers. | Phoenix Park Ski Resort, Scenic Chairlift Views, Snow Sledding Areas, Themed Cafes and Restaurants, Hiking Trails |
| Odaesan | Famous for its picturesque landscapes and national park, Odaesan attracts hikers and nature lovers looking for serene outdoor experiences. | Odaesan National Park, Woljeongsa Temple, Jinbun Natural Recreation Forest, Hiking Trails, Autumn Foliage Scenery |
| Heungjeong Valley | Known for its scenic valley views and outdoor activities, it's a great spot for families and those looking to retreat into nature. | Heungjeong Valley Scenic Area, Hiking and Camping Spots, Local Festivals, Fishing Areas, Cultural Experiences |
| Jindang Valley | A less commercialized area that offers a more authentic experience, appealing to those seeking tranquility away from the crowds. | Jindang Valley River, Local Cabins, Nature Trails, Cultural Sites, Traditional Food Experiences |
| Bongpyeong Market | A bustling local market that showcases the best of local cuisine and culture, attracting visitors who want to experience authentic Korean culture. | Bongpyeong Local Market, Street Food Stalls, Cultural Performances, Local Crafts, Traditional Korean Eats |
Do you need a license for Airbnb in Bongpyeong-myeon?
We recommend checking directly with Bongpyeong-myeon's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (9% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Bongpyeong-myeon
스테이 유 YOU
Entire Place • 6 bedrooms
b102 Natural Jacuzzi Spa Room
Entire Place • 1 bedroom
Mediterranean luxury house 700m above sea level Sunseon in summer and Whipak ski resort view in wint
Entire Place • 1 bedroom
General Villa
Entire Place • 1 bedroom
![[Mountain No. 102] "There is a valley inside the pension that is good for children to play in the wa](https://a0.muscache.com/im/pictures/hosting/Hosting-U3RheVN1cHBseUxpc3Rpbmc6MTA0NTIxMDUzNTA1NTgyNDk4Nw%3D%3D/original/d4e82690-c0d6-4823-8c75-36a956e40aeb.jpeg)
[Mountain No. 102] "There is a valley inside the pension that is good for children to play in the wa
Entire Place • 1 bedroom
![[Mountain No. 101] "There is a valley inside the pension that is good for children to play in the wa](https://a0.muscache.com/im/pictures/hosting/Hosting-U3RheVN1cHBseUxpc3Rpbmc6MTA0NTIyMzMyOTYzNDUyNzYzOA%3D%3D/original/ef691ef8-7aa7-40d4-af0d-140b7e0e248a.jpeg)
[Mountain No. 101] "There is a valley inside the pension that is good for children to play in the wa
Entire Place • 1 bedroom
Top Performing Professional Hosts in Bongpyeong-myeon
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| 형 철 | 7 | $101,715 | 120 | 4.78/5.0 |
| 407213675 | 1 | $93,167 | 11 | 4.91/5.0 |
| 470497372 | 6 | $79,380 | 0 | 0.00/5.0 |
| 티롤펜션 | 4 | $74,406 | 16 | 2.50/5.0 |
| 평창예술인마을펜션 | 10 | $63,051 | 379 | 4.61/5.0 |
| 희정(Juri) | 5 | $44,998 | 13 | 1.55/5.0 |
| 483247452 | 15 | $33,819 | 3 | 0.00/5.0 |
| 458150573 | 7 | $33,706 | 0 | 0.00/5.0 |
| Ki Tae | 1 | $32,476 | 16 | 4.81/5.0 |
| 후정 | 1 | $30,105 | 5 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Bongpyeong-myeon
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 (79.3%), with boutique & hotels and house properties comprising 95.6% of inventory
- Strong specialty sector (83.3%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in outdoor & mobile, apartment & condo, others segments (4.4% combined)
Room Capacity Distribution
Analysis of 227 properties in Bongpyeong-myeon shows that 1 bedroom properties are most prevalent, making up 74.4% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 89.4% of all listings.
Key Insights
- Most common: 1 bedroom (74.4%)
- Least common: 4 bedrooms (0.4%)
- Market concentration: 89.4% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 227 properties in Bongpyeong-myeon reveals that 4 guests properties dominate the market, representing 33.5% of all listings. The average property accommodates 4.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 55.9% of the market.
Key Insights
- Most common capacity: 4 guests (33.5% of market)
- Least common capacity: 7 guests (1.3% of market)
- Average guest capacity: 4.0 guests per property
- Market concentration: 55.9% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 227 properties in Bongpyeong-myeon, the most common availability pattern is 271-366 days (93.8% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (61.2% of properties).
Key Insights
- Most common availability window: 271-366 days (93.8%)
- Most common booking duration: 1-30 days (61.2%)
- Properties with high availability (180+ days): 97.8%
- Properties with long-term bookings (180+ days): 2.2%
Minimum Stay Distributions
1 Night
208 listings
95% of total
2 Nights
4 listings
1.8% of total
3 Nights
2 listings
0.9% of total
30+ Nights
5 listings
2.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 96.8%
- Mid-length stays (4-6 nights) represent 0% of listings
- Monthly+ stays (2.3%) suggest a stable extended-stay market
- High market flexibility with 97.7% 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
Flexible
5 listings
5.2% of total
Moderate
41 listings
42.3% of total
Firm
9 listings
9.3% of total
Strict
42 listings
43.3% of total
Key Insights
- Strict is the preferred policy at 43.3% of listings
- The market shows a balanced distribution between guest-friendly (47.5%) and strict (52.6%) policies
- Strong market consensus around Strict policies
- Flexible policies are least common at 5.2% 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 Mar, Feb, Nov, averaging 29 days
- Shortest booking windows are in Dec, Jun, Sep, averaging 18 days
- Spring shows the longest average booking window at 26 days, while Summer has the shortest at 21 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 26 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Sep when lead times are shortest
Popular Airbnb Amenities in Bongpyeong-myeon
Every property in Bongpyeong-myeon comes standard with Air conditioning. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 89.5% of total guests, indicating a dominant local market share.
- Primary international markets: United States (2%) and Hong Kong (2%)
- Korean is the top language at 51.3%, followed by English (43.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 0.0%
Recommendations
- Target marketing campaigns for Seoul and Yongin-si markets
- Develop localized content for United States and Hong Kong
- Prioritize Korean and English 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 Bongpyeong-myeon. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Nomun-ri | 10 | $3,284 | $298.82 | 24% |
| Seorak-myeon | 11 | $3,111 | $205.05 | 36% |
| Wondeok-ri | 13 | $2,713 | $204.50 | 43% |
| Yeoju-si | 29 | $2,414 | $215.35 | 32% |
| Jeonjin-ri | 13 | $2,382 | $154.10 | 39% |
| Mugan-ri | 15 | $2,021 | $233.40 | 27% |
| Gapcheon-myeon | 11 | $1,983 | $146.28 | 45% |
| Seorak | 12 | $1,853 | $198.07 | 27% |
| Yangpyeong | 15 | $1,790 | $259.28 | 22% |
| Yangpyeong-gun | 21 | $1,704 | $207.32 | 28% |
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