Airbnb Market Analytics, Statistics and Data in Wonju-si, 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 Wonju-si? 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 Wonju-si:
How much do Airbnb hosts make on average per month in Wonju-si?
The short-term rental market in Wonju-si 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 $936 per month
- Strong performing properties (top 25%) make $1,995 or more
- Best-in-class properties (top 10%) achieve $3,907+ monthly
- Entry-level properties (bottom 25%) typically earn around $442
Revenue Variations by Month
Occupancy Rates Throughout the Year in Wonju-si
The market in Wonju-si 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 29% occupancy rates
- Strong performing properties (top 25%) achieve 49% or higher
- Best-in-class properties (top 10%) reach 73%+occupancy
- Entry-level properties (bottom 25%) average around 14%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Wonju-si
Daily rates in Wonju-si 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 $82 per night
- Strong performing properties (top 25%) secure $149 or more
- Best-in-class properties (top 10%) pull in $230+ per night
- Entry-level properties (bottom 25%) earn around $44
Daily Rate Variations by Month
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Seasonality patterns in Wonju-si
Peak Season (June, May, April)
- Revenue peaks at $1978.71 per month
- Occupancy rates reach 39.93%
- Daily rates average $126.25
Shoulder Season
- Revenue averages $1537.59 per month
- Occupancy maintains 34.20%
- Daily rates hold at $112.76
Low Season (December, January, September)
- Revenue drops to $1090.08 per month
- Occupancy decreases to 29.33%
- Daily rates adjust to $102.69
Is it still profitable to do Airbnb in Wonju-si in 2025?
Yes! Wonju-si demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 34% and monthly revenue averaging $1538 and The market's 172 active listings indicate growing demand with plenty of opportunity for new properties. 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 Wonju-si
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Wonju City Center | The heart of Wonju, offering easy access to shopping, dining, and cultural attractions. Ideal for tourists looking to explore the city and its amenities. | Wonju Hanji Theme Park, Wonju Medical Center, Municipal Museum of Wonju, Hyoja Cultural Center, Seongnam Sports Center |
| Sangnoksu | A scenic area known for its natural beauty and proximity to the Han River, popular with nature lovers and families. | Han River Park, Kangwon National University, Sangnoksu Park, Cafes with river views, Local hiking trails |
| Jinbu | Located near Odaesan National Park, this area is perfect for those seeking outdoor adventures and a tranquil atmosphere. | Odaesan National Park, Woljeongsa Temple, Jinbu Income Tax Office, Bicycle rental services, Popular hiking spots |
| Gangwon University Area | A vibrant area filled with students, this location offers affordable accommodations and a lively atmosphere, attracting young tourists. | Gangwon National University, Nearby cafes and bars, Local eateries, University events, Inje University''s activities |
| Wongok-dong | A residential neighborhood that offers a glimpse of local life, appealing to travelers looking for an authentic experience. | Local markets, Wongok Park, Traditional Korean restaurants, Strolls through neighborhoods, Cultural exchange with locals |
| Beon-dong | Known for its unique cultural sites and proximity to Wonju's historical landmarks, great for history enthusiasts. | Wonju Historical Museum, Korean War Memorial, Old city architecture, Cultural festivals, Local art galleries |
| Hyang-dong | Famous for its beautiful views and nature trails, this area is perfect for those who love outdoor activities and serenity. | Jangsu Mountain, Hyangsan Temple, Scenic hiking routes, Natural hot springs, Camping sites |
| Gajaeul | A tranquil suburban area, ideal for families and long-term stays, with parks and schools nearby. | Community parks, Family-friendly restaurants, Local shopping centers, Schools and educational facilities, Outdoor recreational areas |
Do you need a license for Airbnb in Wonju-si?
We recommend checking directly with Wonju-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (8% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Wonju-si
Exactly what you were looking for! The accommodation 'Stay Joyce' for only one team per day
Entire Place • 4 bedrooms
![[Private house] Stay for healing in the forest, open](https://a0.muscache.com/im/pictures/miso/Hosting-905605929104632194/original/8aa3b745-54f6-4cdc-8345-9a4c841b30bb.jpeg)
[Private house] Stay for healing in the forest, open
Entire Place • 3 bedrooms
Private property () 4uz_wonju
Entire Place • 1 bedroom
Bauhaus In One Week
Entire Place • 3 bedrooms
Mt.Chiaksan, Private house Grazie.
Entire Place • 2 bedrooms
This is a more private pool moolpool private house.
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Wonju-si
Additional analytics on vacation rental, real estate, short term rental data in Wonju-si
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 (90.1%), with house and boutique & hotels properties comprising 68.6% of inventory
- Strong specialty sector (33.7%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, unique stays segments (3.5% combined)
Room Capacity Distribution
Analysis of 172 properties in Wonju-si shows that 1 bedroom properties are most prevalent, making up 61% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 77.3% of all listings.
Key Insights
- Most common: 1 bedroom (61%)
- Least common: 5+ bedrooms (2.3%)
- Market concentration: 77.3% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 172 properties in Wonju-si reveals that 2 guests properties dominate the market, representing 27.9% of all listings. The average property accommodates 4.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 55.2% of the market.
Key Insights
- Most common capacity: 2 guests (27.9% of market)
- Least common capacity: 7 guests (1.7% of market)
- Average guest capacity: 4.1 guests per property
- Market concentration: 55.2% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 172 properties in Wonju-si, the most common availability pattern is 271-366 days (50% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (29.7% of properties).
Key Insights
- Most common availability window: 271-366 days (50%)
- Most common booking duration: 31-90 days (29.7%)
- Properties with high availability (180+ days): 75.6%
- Properties with long-term bookings (180+ days): 27.3%
Minimum Stay Distributions
1 Night
137 listings
90.7% of total
2 Nights
2 listings
1.3% of total
4-6 Nights
3 listings
2% of total
7-29 Nights
9 listings
6% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 92.0%
- Mid-length stays (4-6 nights) represent 2% of listings
- Monthly+ stays (0%) suggest a stable extended-stay market
- High market flexibility with 92.0% 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
16 listings
13.7% of total
Moderate
61 listings
52.1% of total
Firm
19 listings
16.2% of total
Strict
21 listings
17.9% of total
Key Insights
- Moderate is the preferred policy at 52.1% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 65.8% of the market
- Strong market consensus around Moderate policies
- Flexible policies are least common at 13.7% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, May, Jun, averaging 32 days
- Shortest booking windows are in Jan, Aug, Dec, averaging 17 days
- Spring shows the longest average booking window at 28 days, while Winter has the shortest at 19 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 28 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Jan-Dec when lead times are shortest
Popular Airbnb Amenities in Wonju-si
Below is the distribution of amenities across listings in Wonju-si:
Traveler Demographics
Key Insights
- Domestic travelers make up 89.3% of total guests, indicating a dominant local market share.
- Primary international markets: United States (3.8%) and Germany (1.1%)
- Korean is the top language at 54.1%, followed by English (34.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.6%
Recommendations
- Target marketing campaigns for Seoul and Wonju-si markets
- Develop localized content for United States and Germany
- 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 Wonju-si. 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% |
| Gimpo-si | 30 | $1,937 | $116.63 | 48% |
| Seorak | 12 | $1,853 | $198.07 | 27% |
| Yangpyeong | 15 | $1,790 | $259.28 | 22% |
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