Airbnb Market Analytics, Statistics and Data in Seogwipo-si, Jeju, South Korea
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Seogwipo-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 Seogwipo-si:
How much do Airbnb hosts make on average per month in Seogwipo-si?
The short-term rental market in Seogwipo-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 $790 per month
- Strong performing properties (top 25%) make $1,896 or more
- Best-in-class properties (top 10%) achieve $3,425+ monthly
- Entry-level properties (bottom 25%) typically earn around $282
Revenue Variations by Month
Occupancy Rates Throughout the Year in Seogwipo-si
The market in Seogwipo-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 27% occupancy rates
- Strong performing properties (top 25%) achieve 54% or higher
- Best-in-class properties (top 10%) reach 79%+occupancy
- Entry-level properties (bottom 25%) average around 12%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Seogwipo-si
Daily rates in Seogwipo-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 $74 per night
- Strong performing properties (top 25%) secure $116 or more
- Best-in-class properties (top 10%) pull in $196+ per night
- Entry-level properties (bottom 25%) earn around $49
Daily Rate Variations by Month
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Seasonality patterns in Seogwipo-si
Peak Season (May, June, April)
- Revenue peaks at $1687.71 per month
- Occupancy rates reach 38.91%
- Daily rates average $104.73
Shoulder Season
- Revenue averages $1411.36 per month
- Occupancy maintains 35.02%
- Daily rates hold at $99.89
Low Season (February, January, December)
- Revenue drops to $1220.35 per month
- Occupancy decreases to 30.16%
- Daily rates adjust to $95.80
Is it still profitable to do Airbnb in Seogwipo-si in 2025?
Yes! Seogwipo-si demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 35% and monthly revenue averaging $1411 and As a mature market with 3709 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 Seogwipo-si
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Jungmun Tourist Resort | A popular tourist destination featuring luxury resorts, stunning beaches, and scenic landscapes. Ideal for visitors looking for a mix of relaxation and adventure, with plenty of outdoor activities. | Jungmun Beach, Cheonjiyeon Waterfall, Yacht Club, Teddy Bear Museum, Jeju International Convention Center |
| Seogwipo City Center | The heart of Seogwipo, offering a vibrant local market, dining options, and easy access to nearby attractions. Perfect for travelers wanting to explore local culture and cuisine. | Seogwipo Maeil Olle Market, Lee Joong-seop Gallery, World Natural Heritage Center, Gwangjang Library |
| Seongsan Ilchulbong | A UNESCO World Heritage site, known for its stunning sunrise views and volcanic crater. Attracts nature lovers and photographers. | Seongsan Ilchulbong Peak, Udo Island, Sunrise Peak, Sinyang Beach |
| Hallasan National Park | Home to the highest mountain in South Korea, this area offers beautiful hiking trails and rich biodiversity. Great for outdoor enthusiasts and nature seekers. | Hallasan Mountain, Eungbongsan Mountain Hiking Trail, Deoksugi Trail, forest of Hallasan |
| Cheonjiyeon Waterfall | A scenic natural attraction that's easily accessible and offers beautiful walking paths. A favorite spot for families and nature lovers. | Cheonjiyeon Waterfall, Jeongbang Waterfall, Oedolgae Rock |
| Jeju Folk Village | A cultural heritage site that showcases traditional Jeju life. Visitors can experience local culture and history, making it ideal for families and educational trips. | Jeju Folk Village Museum, Traditional thatched-roof houses, Cultural performances |
| Aewol Coast | Known for its beautiful coastal scenery and sunsets. Popular with tourists looking for a relaxing beach experience with cafes and restaurants by the sea. | Aewol Beach, Goo-shi Coast, Cafes along the coast, Beautiful sunset views |
| Hyeopjae Beach | Famous for its clear water and white sand, this beach is a paradise for sunbathers and water sports enthusiasts. Great for families looking to enjoy the beach and water activities. | Hyeopjae Beach, Biyangdo Island, Hanuel Park |
Do you need a license for Airbnb in Seogwipo-si?
We recommend checking directly with Seogwipo-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (24% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Seogwipo-si
briana private briana private
Entire Place • 5 bedrooms
#Two pool villas #Sea view #Luxury and private
Entire Place • 4 bedrooms
Doge Rang In Jeju (Doge) ~ A place where you can experience two Jeju stone wall houses and two Medit
Entire Place • 4 bedrooms
![[Entire house] Entire Merry.J pension](https://a0.muscache.com/im/ml/photo_enhancement/pictures/miso/Hosting-799756309793658880/original/170d4a83-0b0b-4cac-a576-5b08cc6cad6b.jpeg)
[Entire house] Entire Merry.J pension
Entire Place • 8 bedrooms
briana브리아나+briny브리니(both buildings)
Entire Place • 7 bedrooms
#Ocean View#Hot Water Swimming Pool#BBQ#12 people
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Seogwipo-si
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Young | 58 | $1,747,969 | 10431 | 4.92/5.0 |
| 혁 | 140 | $1,038,856 | 3135 | 3.74/5.0 |
| 성문 | 14 | $733,487 | 273 | 4.51/5.0 |
| JinHwan | 6 | $457,494 | 46 | 4.15/5.0 |
| 클릭제주 | 59 | $379,706 | 4074 | 4.68/5.0 |
| 브리아나프라이빗 | 3 | $354,859 | 37 | 3.32/5.0 |
| 혁준 | 19 | $343,183 | 195 | 4.35/5.0 |
| Jay | 5 | $341,047 | 223 | 4.91/5.0 |
| 승우 | 15 | $298,787 | 662 | 4.88/5.0 |
| 미쉘 | 6 | $270,594 | 427 | 4.86/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Seogwipo-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 (69.4%), with boutique & hotels and house properties comprising 78.9% of inventory
- Strong specialty sector (44.9%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, outdoor & mobile, unique stays segments (3.0% combined)
Room Capacity Distribution
Analysis of 3,709 properties in Seogwipo-si shows that 1 bedroom properties are most prevalent, making up 50% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 77.1% of all listings.
Key Insights
- Most common: 1 bedroom (50%)
- Least common: 5+ bedrooms (1.1%)
- Market concentration: 77.1% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 3,709 properties in Seogwipo-si reveals that 4 guests properties dominate the market, representing 24.3% 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 48.1% of the market.
Key Insights
- Most common capacity: 4 guests (24.3% of market)
- Least common capacity: 7 guests (1.1% of market)
- Average guest capacity: 4.0 guests per property
- Market concentration: 48.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 3,709 properties in Seogwipo-si, the most common availability pattern is 271-366 days (62.7% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (31.4% of properties).
Key Insights
- Most common availability window: 271-366 days (62.7%)
- Most common booking duration: 1-30 days (31.4%)
- Properties with high availability (180+ days): 80.6%
- Properties with long-term bookings (180+ days): 20.3%
Minimum Stay Distributions
1 Night
2454 listings
73.1% of total
2 Nights
581 listings
17.3% of total
3 Nights
57 listings
1.7% of total
4-6 Nights
68 listings
2% of total
7-29 Nights
118 listings
3.5% of total
30+ Nights
78 listings
2.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 90.4%
- Mid-length stays (4-6 nights) represent 2% of listings
- Monthly+ stays (2.3%) suggest a stable extended-stay market
- High market flexibility with 92.1% 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
Refundable
1 listings
0% of total
Flexible
345 listings
12.4% of total
Moderate
996 listings
35.8% of total
Firm
659 listings
23.7% of total
Strict
785 listings
28.2% of total
Key Insights
- Moderate is the preferred policy at 35.8% of listings
- The market shows a balanced distribution between guest-friendly (48.2%) and strict (51.9%) policies
- Strong market consensus around Moderate policies
- Refundable policies are least common at 0.0% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Feb, May, Apr, averaging 38 days
- Shortest booking windows are in Aug, Jan, Dec, averaging 27 days
- Spring shows the longest average booking window at 37 days, while Winter has the shortest at 30 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 37 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Aug-Dec when lead times are shortest
Popular Airbnb Amenities in Seogwipo-si
Below is the distribution of amenities across listings in Seogwipo-si:
Traveler Demographics
Key Insights
- Domestic travelers make up 56.6% of total guests, indicating a significant local market share.
- Primary international markets: Singapore (12.6%) and United States (10%)
- English is the top language at 45.4%, followed by Korean (33.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.5%
Recommendations
- Target marketing campaigns for Seoul and Busan markets
- Develop localized content for Singapore and United States
- Prioritize English and Korean 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 Seogwipo-si. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Jeju | 6,536 | $1,257 | $111.66 | 40% |
| Yongso-ri | 16 | $1,143 | $184.90 | 28% |
| Mokpo-si | 187 | $905 | $85.35 | 33% |
| Yeosu-si | 1,480 | $830 | $130.42 | 26% |
| Pyeongsan-ri | 25 | $819 | $156.99 | 25% |
| Suncheon-si | 163 | $677 | $92.10 | 26% |
| Seokgyo-ri | 83 | $660 | $145.19 | 22% |
| Deokheung-ri | 29 | $635 | $201.51 | 20% |
| Seongu-ri | 37 | $617 | $155.77 | 27% |
| Donghae-ri | 10 | $556 | $77.67 | 30% |
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