Airbnb Market Analytics, Statistics and Data in Pohang-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 Pohang-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 Pohang-si:
How much do Airbnb hosts make on average per month in Pohang-si?
The short-term rental market in Pohang-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 $975 per month
- Strong performing properties (top 25%) make $1,863 or more
- Best-in-class properties (top 10%) achieve $3,261+ monthly
- Entry-level properties (bottom 25%) typically earn around $461
Revenue Variations by Month
Occupancy Rates Throughout the Year in Pohang-si
The market in Pohang-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 25% occupancy rates
- Strong performing properties (top 25%) achieve 43% or higher
- Best-in-class properties (top 10%) reach 66%+occupancy
- Entry-level properties (bottom 25%) average around 13%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Pohang-si
Daily rates in Pohang-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 $117 per night
- Strong performing properties (top 25%) secure $199 or more
- Best-in-class properties (top 10%) pull in $287+ per night
- Entry-level properties (bottom 25%) earn around $61
Daily Rate Variations by Month
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Seasonality patterns in Pohang-si
Peak Season (June, July, May)
- Revenue peaks at $1898.30 per month
- Occupancy rates reach 37.14%
- Daily rates average $167.08
Shoulder Season
- Revenue averages $1436.83 per month
- Occupancy maintains 30.55%
- Daily rates hold at $145.51
Low Season (November, September, December)
- Revenue drops to $1008.16 per month
- Occupancy decreases to 25.82%
- Daily rates adjust to $118.65
Is it still profitable to do Airbnb in Pohang-si in 2025?
Yes! Pohang-si demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 31% and monthly revenue averaging $1437 and As a mature market with 550 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 Pohang-si
Area | Why Choose This Area | Key Attractions |
---|---|---|
Hwanho Park | A beautiful coastal park renowned for its scenic views and walking paths. Ideal for families and tourists looking for outdoor leisure activities and views of the sea. | Hwanho Park, Pohang Lighthouse, Sea of Japan, Walking Trails, Picnic Areas |
Pohang Steel Yard | A major industrial area in Pohang that attracts business travelers and workers in the steel industry. Offers convenient access to various businesses and amenities. | POSCO Museum, Pohang Steelworks, Local eateries, Business districts |
Homigot Sunrise Square | Famous for its stunning sunrise views, this area is a popular destination for tourists seeking picturesque experiences. A great spot for photography enthusiasts. | Homigot Lighthouse, Hand of Harmony, Beachfront, Walking trails, Sunrise Festivals |
Jukdo Market | The largest traditional market in Pohang, perfect for travelers wanting to experience local culture through food and shopping. A vibrant area full of local delicacies. | Fresh seafood, Local fruits and vegetables, Street food stalls, Cultural experiences |
Bukbu Beach | A popular beach destination known for its beautiful sand and surf. Great for tourists looking to relax by the sea or enjoy water activities. | Swimming and sunbathing, Water sports, Beach restaurants, Nighttime beach parties |
Yeongildae Beach | A well-known beach famous for its nightlife and cultural events. Attracts younger crowds and those seeking leisure and entertainment by the seaside. | Beachside cafes, Night markets, Cultural performances, Beach volleyball |
Pohang University of Science and Technology (POSTECH) | A prestigious university area that attracts students and academics. Ideal for short-term rentals for visitors and families of students. | Campus tours, Research facilities, Cafes and bookstores |
Guryongpo Beach | A lesser-known but beautiful beach offering a more tranquil experience compared to other popular beaches. Ideal for relaxation and quiet vacations. | Quiet beach areas, Nature trails, Local seafood restaurants |
Do you need a license for Airbnb in Pohang-si?
We recommend checking directly with Pohang-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (4% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Pohang-si
![[TheCape ]Ocean view Hot water pool Pension(200m2)](https://a0.muscache.com/im/pictures/58a41032-0227-4e12-8bf6-f53bd55c10ed.jpg)
[TheCape ]Ocean view Hot water pool Pension(200m2)
Entire Place • 3 bedrooms
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Tidy 301 with white-tone interior located in Pohang (duplex group room)
Entire Place • 3 bedrooms
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Stay, Pohang
Entire Place • 4 bedrooms
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Story View
Use of one team per day alone!
Outdoor barbecue availa"
Private house, group, family trip, Story View Use of one team per day alone! Outdoor barbecue availa
Entire Place • 4 bedrooms
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Healing Point Le Pavilion Pool Villa # In-room Pool/Barbecue/
Private Room • 2 bedrooms
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Newly opened! Ocean View One team per day, "Odo Today" private pension enjoying the spacious second-
Entire Place • 2 bedrooms
Top Performing Professional Hosts in Pohang-si
Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
---|---|---|---|---|
Je Won | 8 | $259,096 | 233 | 4.79/5.0 |
458150458 | 21 | $187,047 | 8 | 0.48/5.0 |
457382122 | 28 | $182,094 | 0 | 0.00/5.0 |
494392545 | 14 | $179,264 | 0 | 0.00/5.0 |
458150934 | 16 | $178,602 | 4 | 0.00/5.0 |
Onda | 15 | $127,922 | 4 | 0.24/5.0 |
Onda | 11 | $127,601 | 3 | 0.42/5.0 |
Onda | 10 | $117,351 | 8 | 0.50/5.0 |
Onda | 8 | $116,620 | 6 | 0.54/5.0 |
Hyunhui | 4 | $105,943 | 22 | 2.19/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Pohang-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 (89.3%), with boutique & hotels and house properties comprising 72.7% of inventory
- Strong specialty sector (42.8%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, outdoor & mobile, unique stays segments (2.8% combined)
Room Capacity Distribution
Analysis of 550 properties in Pohang-si shows that 1 bedroom properties are most prevalent, making up 54.5% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 83.1% of all listings.
Key Insights
- Most common: 1 bedroom (54.5%)
- Least common: 5+ bedrooms (0.2%)
- Market concentration: 83.1% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 550 properties in Pohang-si reveals that 4 guests properties dominate the market, representing 29.8% of all listings. The average property accommodates 4.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 6 guests make up 49.8% of the market.
Key Insights
- Most common capacity: 4 guests (29.8% of market)
- Least common capacity: 7 guests (1.3% of market)
- Average guest capacity: 4.5 guests per property
- Market concentration: 49.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 550 properties in Pohang-si, the most common availability pattern is 271-366 days (64% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (39.5% of properties).
Key Insights
- Most common availability window: 271-366 days (64%)
- Most common booking duration: 31-90 days (39.5%)
- Properties with high availability (180+ days): 86.5%
- Properties with long-term bookings (180+ days): 15.3%
Minimum Stay Distributions
1 Night
453 listings
94.6% of total
2 Nights
11 listings
2.3% of total
3 Nights
4 listings
0.8% of total
4-6 Nights
2 listings
0.4% of total
7-29 Nights
8 listings
1.7% of total
30+ Nights
1 listings
0.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 96.9%
- Mid-length stays (4-6 nights) represent 0.4% of listings
- Monthly+ stays (0.2%) 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
56 listings
17.9% of total
Moderate
134 listings
42.9% of total
Firm
54 listings
17.3% of total
Strict
68 listings
21.8% of total
Key Insights
- Moderate is the preferred policy at 42.9% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 60.8% of the market
- Firm policies are least common at 17.3% 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, Sep, averaging 24 days
- Shortest booking windows are in Jan, Mar, Dec, averaging 18 days
- Summer shows the longest average booking window at 23 days, while Winter has the shortest at 19 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 23 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 Pohang-si
Every property in Pohang-si comes standard with Air conditioning. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 85.6% of total guests, indicating a dominant local market share.
- Primary international markets: United States (3.7%) and Germany (1.6%)
- Korean is the top language at 55.3%, followed by English (33.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.0%
Recommendations
- Target marketing campaigns for Seoul and Daegu 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 Pohang-si. These nearby markets offer diverse opportunities for property investors and hosts:
Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
---|---|---|---|---|
Gapcheon-myeon | 11 | $1,983 | $146.28 | 45% |
Chunyang-myeon | 11 | $1,556 | $101.05 | 52% |
Sibyeon-ri | 287 | $1,456 | $118.78 | 29% |
Busan | 5,219 | $1,434 | $114.83 | 44% |
Dunnae-myeon | 42 | $1,424 | $154.91 | 27% |
Hwayang-eup | 33 | $1,396 | $172.48 | 27% |
Miryang-si | 135 | $1,388 | $218.06 | 28% |
Yeongdeok-eup | 10 | $1,358 | $134.56 | 32% |
Pyeonghae-eup | 13 | $1,292 | $188.50 | 27% |
Gakbuk-myeon | 12 | $1,199 | $164.86 | 20% |
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