Airbnb Market Analytics, Statistics and Data in Miryang-si, South 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 Miryang-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 Miryang-si:

Average Daily Rate

$218

Occupancy Rate

27.77%

Annual Revenue

$16,654

Revenue Growth YoY

21.56%

Best Month

May

Worst Month

December

Regulation

Moderate

Active Listings

135

How much do Airbnb hosts make on average per month in Miryang-si?

The short-term rental market in Miryang-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 $1,766 per month
Strong performing properties (top 25%) make $3,237 or more
Best-in-class properties (top 10%) achieve $4,663+ monthly
Entry-level properties (bottom 25%) typically earn around $807

Revenue Variations by Month

Occupancy Rates Throughout the Year in Miryang-si

The market in Miryang-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 22% occupancy rates
Strong performing properties (top 25%) achieve 40% or higher
Best-in-class properties (top 10%) reach 61%+occupancy
Entry-level properties (bottom 25%) average around 11%

Occupancy Variations by Month

Average Daily Rates Seasonal Trends in Miryang-si

Daily rates in Miryang-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 $187 per night
Strong performing properties (top 25%) secure $247 or more
Best-in-class properties (top 10%) pull in $341+ per night
Entry-level properties (bottom 25%) earn around $143

Daily Rate Variations by Month

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Seasonality patterns in Miryang-si

Peak Season (May, April, March)

Revenue peaks at $3194.14 per month
Occupancy rates reach 33.95%
Daily rates average $223.25

Shoulder Season

Revenue averages $2265.16 per month
Occupancy maintains 28.22%
Daily rates hold at $208.80

Low Season (January, September, December)

Revenue drops to $1422.09 per month
Occupancy decreases to 22.24%
Daily rates adjust to $195.04

Is it still profitable to do Airbnb in Miryang-si in 2025?

Yes! Miryang-si demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 28% and solid monthly revenue averaging $2265 and The market's 135 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 Miryang-si

Area	Why Choose This Area	Key Attractions
Miryang Folk Museum	A cultural landmark that showcases the history and traditions of the Miryang region. Attracts tourists interested in Korean heritage and history.	Miryang Folk Museum, Miryang River, Cultural Festivals
Yeongnam Alps	Known for its beautiful hiking trails and natural scenery, this area attracts nature lovers and adventure seekers. Ideal for outdoor-related stays.	Bonghwangsan Mountain, Hiking Trails, Natural Scenic Viewpoints
Miryang City Park	A recreational area that is popular with families and locals, offering green spaces and playgrounds. A peaceful retreat in the city.	Walking Trails, Picnic Areas, Playgrounds
Upo Wetland	A UNESCO-recognized wetland that serves as a habitat for migratory birds. It's great for eco-tourism and attracts nature lovers.	Bird Watching, Walking Paths, Educational Centers
Miryang Train Station	A major transport hub that connects multiple travel routes, making it a convenient location for travelers exploring South Gyeongsang.	Transport Links, Nearby Cafés, Local Shops
Cheongra Mountain	Famous for its hiking trails and scenic viewpoints, it attracts both locals and tourists looking for outdoor activities.	Hiking, Panoramic Views, Nature Trails
Seonsan Reservoir	An area known for its tranquil water and lovely scenery, suitable for fishing and relaxation activities.	Fishing Spots, Nature Views, Trails Around the Reservoir
Agricultural Village Experiences	This area offers authentic experiences in traditional Korean agriculture, appealing to tourists who want an immersive cultural experience.	Farm Stays, Harvest Experiences, Local Food Tasting

Do you need a license for Airbnb in Miryang-si?

$165.45

Daily Rate

Top Performing Professional Hosts in Miryang-si

Host Name	Properties	Grossing Revenue	Stay Reviews	Avg Rating
정화	3	$97,522	58	4.88/5.0
경숙	3	$83,617	134	4.86/5.0
Sok-Chu	1	$77,229	64	5.00/5.0
꽃들도	1	$75,612	127	4.96/5.0
복란	2	$74,236	80	4.94/5.0
457381412	8	$71,748	1	0.00/5.0
윤주	1	$71,125	29	4.93/5.0
은영	3	$69,227	33	3.31/5.0
Yeonrog	3	$62,906	12	1.64/5.0
병우	3	$61,529	9	2.95/5.0

Additional analytics on vacation rental, real estate, short term rental data in Miryang-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:

Show Advanced Metrics

Room Type Distribution

Property Type Distribution

Key Insights

Market dominated by entire home listings (86.7%), with house and boutique & hotels properties comprising 91.8% of inventory
Strong specialty sector (53.3%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
Untapped potential in unique stays, others segments (2.2% combined)

Room Capacity Distribution

Analysis of 135 properties in Miryang-si shows that 1 bedroom properties are most prevalent, making up 48.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 87.4% of all listings.

Key Insights

Most common: 1 bedroom (48.9%)
Least common: 5+ bedrooms (0.7%)
Market concentration: 87.4% in top 2 sizes
Market skew: Favors smaller properties

Guest Capacity Distribution

Analysis of 135 properties in Miryang-si reveals that 8+ guests properties dominate the market, representing 34.1% of all listings. The average property accommodates 5.5 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 4 guests make up 60.7% of the market.

Key Insights

Most common capacity: 8+ guests (34.1% of market)
Least common capacity: 7 guests (0.7% of market)
Average guest capacity: 5.5 guests per property
Market concentration: 60.7% in top 2 capacity sizes
Market segmentation: Predominantly larger guest capacities

Booking and Availability Patterns

Available Days Distribution

Booked Days Distribution

Among 135 properties in Miryang-si, the most common availability pattern is 271-366 days (70.4% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (34.8% of properties).

Key Insights

Most common availability window: 271-366 days (70.4%)
Most common booking duration: 1-30 days (34.8%)
Properties with high availability (180+ days): 85.9%
Properties with long-term bookings (180+ days): 15.6%

Minimum Stay Distributions

1 Night (100%)

1 Night

114 listings

100% of total

Key Insights

Short stays (1-2 nights) dominate the market at 100.0%
Mid-length stays (4-6 nights) represent 0% of listings
Monthly+ stays (0%) suggest a stable extended-stay market
High market flexibility with 100.0% 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 (6.8%)

Flexible

5 listings

6.8% of total

Moderate (36.5%)

Moderate

27 listings

36.5% of total

Firm (23%)

Firm

17 listings

23% of total

Strict (33.8%)

Strict

25 listings

33.8% of total

Key Insights

Moderate is the preferred policy at 36.5% of listings
The market shows a balanced distribution between guest-friendly (43.3%) and strict (56.8%) policies
Strong market consensus around Moderate policies
Flexible policies are least common at 6.8% 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, Mar, Jun, averaging 34 days
Shortest booking windows are in Sep, Oct, Nov, averaging 21 days
Spring shows the longest average booking window at 31 days, while Fall has the shortest at 21 days

Recommendations

Implement dynamic pricing strategies for Spring bookings at least 31 days in advance
Consider early bird discounts during Fall to encourage longer lead times
Focus on last-minute booking promotions during Sep-Nov when lead times are shortest

Popular Airbnb Amenities in Miryang-si

Every property in Miryang-si comes standard with Kitchen. Below shows the distribution of other amenities:

Traveler Demographics

Guest Origin Distribution

Top 5 Cities of Origin

Top 5 Countries of Origin

Top 5 Languages Spoken

Age Distribution

Key Insights

Domestic travelers make up 94% of total guests, indicating a dominant local market share.
Primary international markets: United States (2.7%) and Australia (0.8%)
Korean is the top language at 62.4%, followed by English (28.6%)
Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 1.0%

Recommendations

Target marketing campaigns for Busan and Seoul markets
Develop localized content for United States and Australia
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 Miryang-si. These nearby markets offer diverse opportunities for property investors and hosts:

Market	Properties	Monthly Revenue	Daily Rate	Occupancy
Gui-myeon	12	$1,825	$180.03	30%
Chunyang-myeon	11	$1,556	$101.05	52%
Sanggwan-myeon	16	$1,545	$155.57	29%
Tsushima	29	$1,469	$166.44	42%
Busan	5,219	$1,434	$114.83	44%
Hwayang-eup	33	$1,396	$172.48	27%
Gwangui-myeon	10	$1,389	$121.90	35%
Yeongdeok-eup	10	$1,358	$134.56	32%
Hakdong-ri	41	$1,351	$295.38	28%
Pyeonghae-eup	13	$1,292	$188.50	27%

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