Airbnb Market Analytics, Statistics and Data in Chungju-si, North Chungcheong, South Korea
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Chungju-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 Chungju-si:
How much do Airbnb hosts make on average per month in Chungju-si?
The short-term rental market in Chungju-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 $1,176 per month
- Strong performing properties (top 25%) make $2,000 or more
- Best-in-class properties (top 10%) achieve $3,297+ monthly
- Entry-level properties (bottom 25%) typically earn around $592
Revenue Variations by Month
Occupancy Rates Throughout the Year in Chungju-si
The market in Chungju-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 46% or higher
- Best-in-class properties (top 10%) reach 69%+occupancy
- Entry-level properties (bottom 25%) average around 15%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Chungju-si
Daily rates in Chungju-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 $114 per night
- Strong performing properties (top 25%) secure $172 or more
- Best-in-class properties (top 10%) pull in $266+ per night
- Entry-level properties (bottom 25%) earn around $60
Daily Rate Variations by Month
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Seasonality patterns in Chungju-si
Peak Season (June, May, March)
- Revenue peaks at $1932.40 per month
- Occupancy rates reach 40.40%
- Daily rates average $144.89
Shoulder Season
- Revenue averages $1556.27 per month
- Occupancy maintains 33.32%
- Daily rates hold at $133.05
Low Season (September, January, December)
- Revenue drops to $1153.02 per month
- Occupancy decreases to 28.44%
- Daily rates adjust to $126.23
Is it still profitable to do Airbnb in Chungju-si in 2025?
Yes! Chungju-si demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 33% and monthly revenue averaging $1556 and With 96 active listings, this emerging market offers significant first-mover advantages. 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 Chungju-si
Area | Why Choose This Area | Key Attractions |
---|---|---|
Chungju Lake | A beautiful lakeside destination offering recreational activities such as boating, hiking, and cycling. It's a popular spot for families and nature lovers looking to relax and enjoy the outdoors. | Chungju Lake Park, Chungju Lake Cycling Course, Bonghwangsan Mountain, Chungjuho Lake Viewing Tower, Sangdangsanseong Fortress |
Downtown Chungju | The bustling heart of Chungju, featuring a vibrant mix of shops, restaurants, and cultural sites. It's perfect for visitors who want to explore local life and enjoy urban amenities. | Chungju Central Market, Chungju Cultural Center, Chungju City Hall, Historic Sites, Local Eateries |
Sangdangsan Provincial Park | A natural haven for hikers and outdoor enthusiasts. With its scenic trails and stunning views, it attracts those looking to connect with nature and enjoy hiking. | Sangdangsan Mountain Trails, Scenic Viewpoints, Cultural Heritage Sites |
Geumsusan Mountain | Known for its beautiful trails and panoramic views of Chungju, this area is ideal for nature lovers who want a peaceful retreat while being close to the city. | Geumsusan Hiking Trail, Nature Walks, Scenic Views |
Domaecheon Stream | A picturesque stream that is popular for its scenic walking paths and recreational opportunities, attracting both locals and tourists looking for relaxation and outdoor activities. | Domaecheon Walking Trail, Fishing Spots, Parks along the Stream |
Chungju Sports Center | A hub for sports enthusiasts and events, this area hosts various athletic competitions and is popular for those attending or participating in sports activities. | Chungju Sports Facilities, Outdoor Event Spaces, Fitness Activities |
Moongyeongjeong | A cultural site and historical area that offers visitors a glimpse into the traditional aspects of Chungju. It's a great area for those interested in local history and culture. | Moongyeongjeong Pavilion, Cultural Festivals, Local Historical Sites |
Jungangcheon Stream | Another scenic stream offering beautiful paths, ideal for walking and cycling. Great for visitors wanting to enjoy outdoor leisure activities in a tranquil setting. | Jungangcheon Walking Path, Cycling Routes, Surrounding Parks |
Do you need a license for Airbnb in Chungju-si?
We recommend checking directly with Chungju-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (17% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Chungju-si
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House with a view of the lake - The lake view house (Chungjuho, Infant Pool, Garden Experience)
Entire Place • 5 bedrooms
![SLOW_PALBONG45 [slow 102]](https://a0.muscache.com/im/pictures/hosting/Hosting-52101348/original/9954cb99-9daf-428a-a997-4639ce127897.jpeg)
SLOW_PALBONG45 [slow 102]
Entire Place • 1 bedroom
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< Non-Cheong Myungwon > The wonderful scenery of the Namhan River and Binnae Island in front of Hano
Entire Place • 2 bedrooms
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Chungju Hoban White House
Entire Place • 3 bedrooms
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Bet Ain House
Entire Place • 4 bedrooms
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Boaz Farm Stay (Farm Experience Accommodation)
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Chungju-si
Additional analytics on vacation rental, real estate, short term rental data in Chungju-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 (75%), with boutique & hotels and house properties comprising 75.0% of inventory
- Strong specialty sector (44.8%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
Room Capacity Distribution
Analysis of 96 properties in Chungju-si shows that 2 bedrooms properties are most prevalent, making up 36.5% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 68.8% of all listings.
Key Insights
- Most common: 2 bedrooms (36.5%)
- Least common: 5+ bedrooms (4.2%)
- Market concentration: 68.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 96 properties in Chungju-si reveals that 8+ guests properties dominate the market, representing 27.1% of all listings. The average property accommodates 4.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 44.8% of the market.
Key Insights
- Most common capacity: 8+ guests (27.1% of market)
- Least common capacity: 3 guests (4.2% of market)
- Average guest capacity: 4.5 guests per property
- Market concentration: 44.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 96 properties in Chungju-si, the most common availability pattern is 271-366 days (55.2% 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 (55.2%)
- Most common booking duration: 31-90 days (36.5%)
- Properties with high availability (180+ days): 81.3%
- Properties with long-term bookings (180+ days): 19.8%
Minimum Stay Distributions
1 Night
85 listings
93.4% of total
2 Nights
4 listings
4.4% of total
4-6 Nights
1 listings
1.1% of total
30+ Nights
1 listings
1.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 97.8%
- Mid-length stays (4-6 nights) represent 1.1% of listings
- Monthly+ stays (1.1%) suggest a stable extended-stay market
- High market flexibility with 97.8% 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
17 listings
22.7% of total
Moderate
37 listings
49.3% of total
Firm
9 listings
12% of total
Strict
12 listings
16% of total
Key Insights
- Moderate is the preferred policy at 49.3% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 72.0% of the market
- Strong market consensus around Moderate policies
- Firm policies are least common at 12.0% 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 May, Mar, Apr, averaging 39 days
- Shortest booking windows are in Aug, Jan, Dec, averaging 19 days
- Spring shows the longest average booking window at 39 days, while Winter has the shortest at 25 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 39 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 Chungju-si
Below is the distribution of amenities across listings in Chungju-si:
Traveler Demographics
Key Insights
- Domestic travelers make up 89.1% of total guests, indicating a dominant local market share.
- Primary international markets: United States (2.4%) and Canada (1.2%)
- Korean is the top language at 56.3%, followed by English (33.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.3%
Recommendations
- Target marketing campaigns for Seoul and Incheon markets
- Develop localized content for United States and Canada
- 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 Chungju-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% |
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% |
Gui-myeon | 12 | $1,825 | $180.03 | 30% |
Yangpyeong | 15 | $1,790 | $259.28 | 22% |
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