Airbnb Market Analytics, Statistics and Data in Tongyeong-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 Tongyeong-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 Tongyeong-si:
How much do Airbnb hosts make on average per month in Tongyeong-si?
The short-term rental market in Tongyeong-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 $658 per month
- Strong performing properties (top 25%) make $1,605 or more
- Best-in-class properties (top 10%) achieve $2,651+ monthly
- Entry-level properties (bottom 25%) typically earn around $280
Revenue Variations by Month
Occupancy Rates Throughout the Year in Tongyeong-si
The market in Tongyeong-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 20% occupancy rates
- Strong performing properties (top 25%) achieve 39% or higher
- Best-in-class properties (top 10%) reach 62%+occupancy
- Entry-level properties (bottom 25%) average around 10%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Tongyeong-si
Daily rates in Tongyeong-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 $83 per night
- Strong performing properties (top 25%) secure $128 or more
- Best-in-class properties (top 10%) pull in $194+ per night
- Entry-level properties (bottom 25%) earn around $57
Daily Rate Variations by Month
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Seasonality patterns in Tongyeong-si
Peak Season (May, April, June)
- Revenue peaks at $1351.64 per month
- Occupancy rates reach 32.15%
- Daily rates average $111.08
Shoulder Season
- Revenue averages $1111.98 per month
- Occupancy maintains 27.27%
- Daily rates hold at $104.19
Low Season (January, September, December)
- Revenue drops to $779.14 per month
- Occupancy decreases to 21.21%
- Daily rates adjust to $96.19
Is it still profitable to do Airbnb in Tongyeong-si in 2025?
Yes! Tongyeong-si demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 27% and monthly revenue averaging $1112 and With 380 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 Tongyeong-si
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Dongpirang Village | A charming village known for its artistic murals and coastal views, attracting tourists who appreciate local culture and art. | Dongpirang Village Mural, Tongyeong Marine Tourism Center, Turtle Ship Experience Museum, Tongyeong Jungang Market |
| Myeongsa Beach | A beautiful beach area great for families and those looking to relax by the sea with recreational activities. | Myeongsa Beach, water sports rentals, beachside cafes, seaside promenades |
| Hallyeohaesang National Park | Nature lovers and adventure seekers can enjoy stunning views, hiking trails, and marine activities in this national park. | Dadohaehaesang National Park, hiking trails, seawater baths, scenic viewpoints |
| Tongyeong City Center | The vibrant heart of Tongyeong with easy access to restaurants, shops, and cultural attractions, ideal for tourists wanting convenience. | Tongyeong Traditional Market, Yi Sun-sin Park, Tongyeong Cultural Center, local dining options |
| Hansan Island | A serene getaway known for its historical significance and beautiful scenery, perfect for those seeking peace and quiet. | Hansan Island, historical sites, nature trails, beach areas |
| Hallyeo Maritime Tourist Area | A picturesque coastal area with a variety of sightseeing options including cruises and local seafood restaurants. | Hallyeo Maritime Park, boat tours, local seafood dining, viewpoints |
| Siriunho Tourist Complex | Popular tourist complex with a range of accommodations and leisure facilities, ideal for families and group travel. | Siriunho Beach, water parks, family-friendly activities, resorts |
| Chungmu Bay | Known for its beautiful bay and proximity to various islands, ideal for outdoor activities and boating enthusiasts. | Chungmu Bay, boat rental services, fishing spots, island hopping |
Do you need a license for Airbnb in Tongyeong-si?
We recommend checking directly with Tongyeong-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (5% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Tongyeong-si
< Haemi Stay > Up to 15 people on the 1st and 2nd floors of the private house, Tongyeong night view,
Entire Place • 3 bedrooms
Tongyeong Bridge Jungang Market Cable Car # Tongyeong Village House #
Entire Place • 3 bedrooms
< Tongyeong DAOM > "Dokchae"/45 pyeong/best location (!!)/Spacious and tidy house❤
Entire Place • 2 bedrooms
Sky Mountain Sea (Sky at a Glance. Mountain.Accommodation with a rooftop overlooking the sea)
Entire Place • 3 bedrooms
Healing house with a spacious yard of about 360 pyeong # folding door terrace
Entire Place • 3 bedrooms
# Tongyeong Sea View # Private Pension # Emotional Fire Pit # Private # Emotional Barbecue # Duplex
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Tongyeong-si
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| 로컬스티치 Localstitch | 11 | $233,195 | 84 | 4.18/5.0 |
| Dongwoo | 8 | $163,241 | 1853 | 4.89/5.0 |
| 신규 | 5 | $121,598 | 205 | 4.75/5.0 |
| Onda | 7 | $117,925 | 65 | 4.13/5.0 |
| Onda | 15 | $116,697 | 28 | 1.29/5.0 |
| 154419329 | 16 | $111,040 | 3 | 0.00/5.0 |
| Onda | 15 | $109,949 | 26 | 1.29/5.0 |
| 82261298 | 4 | $82,390 | 0 | 0.00/5.0 |
| 지키미 | 2 | $76,175 | 90 | 2.46/5.0 |
| AmusingStory | 2 | $70,634 | 12 | 4.60/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Tongyeong-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 (82.6%), with boutique & hotels and house properties comprising 89.7% of inventory
- Strong specialty sector (46.8%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, outdoor & mobile segments (2.3% combined)
Room Capacity Distribution
Analysis of 380 properties in Tongyeong-si shows that 1 bedroom properties are most prevalent, making up 50.8% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 74.2% of all listings.
Key Insights
- Most common: 1 bedroom (50.8%)
- Least common: 5+ bedrooms (0.8%)
- Market concentration: 74.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 380 properties in Tongyeong-si reveals that 4 guests properties dominate the market, representing 21.8% of all listings. The average property accommodates 4.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 40.5% of the market.
Key Insights
- Most common capacity: 4 guests (21.8% of market)
- Least common capacity: 1 guest (0.8% of market)
- Average guest capacity: 4.2 guests per property
- Market concentration: 40.5% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 380 properties in Tongyeong-si, the most common availability pattern is 271-366 days (67.4% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (35.3% of properties).
Key Insights
- Most common availability window: 271-366 days (67.4%)
- Most common booking duration: 31-90 days (35.3%)
- Properties with high availability (180+ days): 83.2%
- Properties with long-term bookings (180+ days): 17.4%
Minimum Stay Distributions
1 Night
308 listings
96.3% of total
2 Nights
6 listings
1.9% of total
4-6 Nights
1 listings
0.3% of total
7-29 Nights
2 listings
0.6% of total
30+ Nights
3 listings
0.9% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 98.2%
- Mid-length stays (4-6 nights) represent 0.3% of listings
- Monthly+ stays (0.9%) suggest a stable extended-stay market
- High market flexibility with 98.2% 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
53 listings
22.1% of total
Moderate
122 listings
50.8% of total
Firm
31 listings
12.9% of total
Strict
34 listings
14.2% of total
Key Insights
- Moderate is the preferred policy at 50.8% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 72.9% of the market
- Strong market consensus around Moderate policies
- Firm policies are least common at 12.9% 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 Apr, Feb, Mar, averaging 38 days
- Shortest booking windows are in Aug, Nov, Dec, averaging 20 days
- Spring shows the longest average booking window at 37 days, while Winter has the shortest at 26 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 Tongyeong-si
Below is the distribution of amenities across listings in Tongyeong-si:
Traveler Demographics
Key Insights
- Domestic travelers make up 88.2% of total guests, indicating a dominant local market share.
- Primary international markets: United States (3.9%) and Germany (1.1%)
- Korean is the top language at 58.4%, followed by English (34%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 2.5%
Recommendations
- Target marketing campaigns for Seoul and Busan 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 Tongyeong-si. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Sasebo | 24 | $3,256 | $262.02 | 40% |
| Gui-myeon | 12 | $1,825 | $180.03 | 30% |
| Iki | 14 | $1,618 | $147.37 | 29% |
| 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% |
| Miryang-si | 135 | $1,388 | $218.06 | 28% |
| Hakdong-ri | 41 | $1,351 | $295.38 | 28% |
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