Airbnb Market Analytics, Statistics and Data in Andong-si, North Gyeongsang, South Korea
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Andong-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 Andong-si:
How much do Airbnb hosts make on average per month in Andong-si?
The short-term rental market in Andong-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 $1,156 per month
- Strong performing properties (top 25%) make $2,191 or more
- Best-in-class properties (top 10%) achieve $4,010+ monthly
- Entry-level properties (bottom 25%) typically earn around $542
Revenue Variations by Month
Occupancy Rates Throughout the Year in Andong-si
The market in Andong-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 31% occupancy rates
- Strong performing properties (top 25%) achieve 51% or higher
- Best-in-class properties (top 10%) reach 68%+occupancy
- Entry-level properties (bottom 25%) average around 15%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Andong-si
Daily rates in Andong-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 $103 per night
- Strong performing properties (top 25%) secure $183 or more
- Best-in-class properties (top 10%) pull in $246+ per night
- Entry-level properties (bottom 25%) earn around $69
Daily Rate Variations by Month
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Seasonality patterns in Andong-si
Peak Season (April, March, June)
- Revenue peaks at $2043.14 per month
- Occupancy rates reach 39.55%
- Daily rates average $139.08
Shoulder Season
- Revenue averages $1642.28 per month
- Occupancy maintains 34.63%
- Daily rates hold at $132.62
Low Season (January, September, December)
- Revenue drops to $1290.69 per month
- Occupancy decreases to 29.37%
- Daily rates adjust to $125.53
Is it still profitable to do Airbnb in Andong-si in 2025?
Yes! Andong-si demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 35% and monthly revenue averaging $1642 and With 204 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 (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Andong-si
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Andong Hahoe Folk Village | A UNESCO World Heritage site that features traditional Korean houses and cultural experiences. Popular with tourists interested in Korea's history and culture, making it an ideal location for unique Airbnb stays. | Hahoe Folk Village, Okyeon Folk Village, Yangdong Folk Village, Andong Mask Dance Festival, Confucian Studies Center |
| Andong River | A scenic area along the river with beautiful views and recreational options. Attracts visitors who enjoy nature and outdoor activities, making it great for travelers looking for relaxation. | Andong River Walk, Kayaking, Bike rentals, Local parks, Andong Bridge |
| Andong Modern Art Museum | A hub for contemporary art in Andong, showcasing various exhibitions and attracting art lovers. It appeals to a niche market of guests who appreciate modern artistic expression. | Andong Modern Art Museum, Art exhibitions, Cultural events, Nearby cafes and galleries |
| Downtown Andong | The city's vibrant downtown area filled with shops, restaurants, and local markets. Perfect for guests wanting to explore city life and local cuisine. | Andong Market, Local eateries, Shopping streets, Cultural centers, Public parks |
| Confucius Cultural Village | A cultural and historical site that offers a glimpse into Confucian teachings and Korean heritage, attracting those interested in philosophy and history. | Confucian Cultural Village, Confucian Temples, Cultural performances, Educational workshops |
| Andong Soju Brewery | Famous for its traditional Korean soju, this area draws visitors interested in local drinks and food production, ideal for gastronomy enthusiasts. | Andong Soju Brewery, Tasting tours, Cultural workshops, Historical significance |
| Andong Traditional Market | A bustling market that showcases local produce and crafts, attracting travelers interested in authentic local experiences and shopping. | Traditional goods, Street food, Local snacks, Cultural interactions |
| Byeongsan Seowon | An important Confucian academy set in a picturesque location, often visited for its historical significance and beautiful architecture, appealing to history buffs. | Byeongsan Seowon, Scenic views, Cultural significance, Surrounding nature |
Do you need a license for Airbnb in Andong-si?
We recommend checking directly with Andong-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (20% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Andong-si
Indoor Jacuzzi & Outdoor Swimming Pool, Everywhere is a photo zone, Emotional Hanok Dokchae Stay
Entire Place • 1 bedroom
The Amsan House
Entire Place • 3 bedrooms
Hanok Stay Cozy, Stay aneuk
Entire Place • 1 bedroom
Hanok Stay Midday l Large Jacuzzi Private House Accommodation
Entire Place • 1 bedroom
L Stay 5 people or less Main house provided 2 rooms, 2 beds, 1 bathroom 1 separate room for 6 or mor
Entire Place • 3 bedrooms
TodakTodak HanokStay
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Andong-si
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Michael Jiwon | 12 | $217,459 | 40 | 2.02/5.0 |
| Onda | 8 | $153,228 | 69 | 3.66/5.0 |
| 주훈 | 2 | $116,952 | 81 | 4.97/5.0 |
| Jungleem | 3 | $78,706 | 92 | 4.97/5.0 |
| Donghyun | 4 | $74,741 | 561 | 4.87/5.0 |
| Taehee | 1 | $71,619 | 5 | 5.00/5.0 |
| 주한 | 3 | $68,124 | 161 | 4.85/5.0 |
| 시훈 | 1 | $64,695 | 17 | 4.82/5.0 |
| Dong Ok | 7 | $63,292 | 66 | 3.56/5.0 |
| 458144591 | 9 | $56,723 | 1 | 0.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Andong-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 (55.9%), with boutique & hotels and house properties comprising 87.2% of inventory
- Strong specialty sector (50.9%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in apartment & condo, others, outdoor & mobile, unique stays segments (12.7% combined)
Room Capacity Distribution
Analysis of 204 properties in Andong-si shows that 1 bedroom properties are most prevalent, making up 60.3% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 79.9% of all listings.
Key Insights
- Most common: 1 bedroom (60.3%)
- Least common: 4 bedrooms (2%)
- Market concentration: 79.9% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 204 properties in Andong-si reveals that 4 guests properties dominate the market, representing 26.5% of all listings. The average property accommodates 3.6 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 43.1% of the market.
Key Insights
- Most common capacity: 4 guests (26.5% of market)
- Least common capacity: 7 guests (0.5% of market)
- Average guest capacity: 3.6 guests per property
- Market concentration: 43.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 204 properties in Andong-si, the most common availability pattern is 271-366 days (52.5% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (26% of properties).
Key Insights
- Most common availability window: 271-366 days (52.5%)
- Most common booking duration: 1-30 days (26%)
- Properties with high availability (180+ days): 74.5%
- Properties with long-term bookings (180+ days): 25.5%
Minimum Stay Distributions
1 Night
194 listings
98% of total
2 Nights
3 listings
1.5% of total
7-29 Nights
1 listings
0.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 99.5%
- Mid-length stays (4-6 nights) represent 0% of listings
- Monthly+ stays (0%) suggest a stable extended-stay market
- High market flexibility with 99.5% 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
19 listings
12.1% of total
Moderate
75 listings
47.8% of total
Firm
38 listings
24.2% of total
Strict
25 listings
15.9% of total
Key Insights
- Moderate is the preferred policy at 47.8% of listings
- The market shows a balanced distribution between guest-friendly (59.9%) and strict (40.1%) policies
- Strong market consensus around Moderate policies
- Flexible policies are least common at 12.1% 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
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Dec, Apr, averaging 35 days
- Shortest booking windows are in Jul, Aug, Jan, averaging 25 days
- Spring shows the longest average booking window at 34 days, while Winter has the shortest at 29 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 34 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Jul-Jan when lead times are shortest
Popular Airbnb Amenities in Andong-si
Below is the distribution of amenities across listings in Andong-si:
Traveler Demographics
Key Insights
- Domestic travelers make up 56.8% of total guests, indicating a significant local market share.
- Primary international markets: France (11.1%) and United States (7.9%)
- English is the top language at 43.8%, followed by Korean (30.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 3.1%
Recommendations
- Target marketing campaigns for Seoul and Busan markets
- Develop localized content for France 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 Andong-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% |
| Seorak | 12 | $1,853 | $198.07 | 27% |
| Gui-myeon | 12 | $1,825 | $180.03 | 30% |
| Yangpyeong | 15 | $1,790 | $259.28 | 22% |
| Yangpyeong-gun | 21 | $1,704 | $207.32 | 28% |
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