Airbnb Market Analytics, Statistics and Data in Suncheon-si, South Jeolla, South Korea
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Suncheon-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 Suncheon-si:
How much do Airbnb hosts make on average per month in Suncheon-si?
The short-term rental market in Suncheon-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 $520 per month
- Strong performing properties (top 25%) make $1,305 or more
- Best-in-class properties (top 10%) achieve $2,388+ monthly
- Entry-level properties (bottom 25%) typically earn around $184
Revenue Variations by Month
Occupancy Rates Throughout the Year in Suncheon-si
The market in Suncheon-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 17% occupancy rates
- Strong performing properties (top 25%) achieve 39% or higher
- Best-in-class properties (top 10%) reach 64%+occupancy
- Entry-level properties (bottom 25%) average around 7%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Suncheon-si
Daily rates in Suncheon-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 $71 per night
- Strong performing properties (top 25%) secure $126 or more
- Best-in-class properties (top 10%) pull in $204+ per night
- Entry-level properties (bottom 25%) earn around $46
Daily Rate Variations by Month
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Seasonality patterns in Suncheon-si
Peak Season (April, May, October)
- Revenue peaks at $1221.51 per month
- Occupancy rates reach 36.53%
- Daily rates average $105.44
Shoulder Season
- Revenue averages $971.78 per month
- Occupancy maintains 26.07%
- Daily rates hold at $98.76
Low Season (July, January, December)
- Revenue drops to $801.40 per month
- Occupancy decreases to 19.84%
- Daily rates adjust to $93.64
Is it still profitable to do Airbnb in Suncheon-si in 2025?
Yes! Suncheon-si demonstrates moderate seasonality with good off-peak opportunities, featuring a growing occupancy rate of 26% and monthly revenue averaging $972 and The market's 163 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 Suncheon-si
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Naganeupseong Folk Village | A historical village showcasing traditional Korean architecture and culture, attracting tourists interested in history and cultural experiences. | Naganeupseong Folk Village, Suncheon Bay Ecological Park, Suncheon Bay Wetland, Bonsai Garden, Cultural events and festivals |
| Suncheon Bay | Famous for its stunning natural scenery and wetlands, making it a favorite spot for nature lovers and bird watchers. | Suncheon Bay National Garden, Suncheon Bay Wetlands, Seokcheongsa Temple, Walking paths and observation points, Ecological tours |
| Jukdotan | A colorful area known for its gardens and green spaces, perfect for families and those seeking relaxation in a natural environment. | Jukdotan Garden, Suncheon Garden Expo, Cafes with garden views, Walking trails, Family-friendly parks |
| Suncheon City Center | The vibrant heart of Suncheon, offering a mix of shopping, dining, and entertainment, appealing to both locals and tourists. | Suncheon Central Market, Various restaurants and cafes, Theater and cultural centers, Public parks, Shopping areas |
| Seonamsa Temple | A serene and historic temple surrounded by nature, popular among visitors seeking peace and spirituality. | Seonamsa Temple, Mount Jogyesan, Hiking trails, Temple stay programs, Cultural experiences |
| National Garden | A large and beautiful garden showcasing diverse plant species and landscapes, ideal for tourists interested in botany and relaxation. | Suncheon Bay National Garden, Botanical exhibits, Walking paths, Picnic areas, Seasonal flower festivals |
| Suncheon Cultural Center | An important venue for arts and culture in the region, hosting various performances and exhibitions. | Cultural exhibitions, Theater performances, Art workshops, Music concerts, Community events |
| Woonam-dong | A peaceful neighborhood with a mix of residential and scenic areas, attractive for those looking for a quiet stay. | Local parks, Scenic views, Traditional Korean houses, Community markets, Relaxing atmosphere |
Do you need a license for Airbnb in Suncheon-si?
We recommend checking directly with Suncheon-si's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (10% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Suncheon-si
Exclusive House Hanok Stay 'Soo Hanok'
Entire Place • 3 bedrooms
Dokchae - House Training kmaison1897
Entire Place • 3 bedrooms
※ 1. Pool Villa Private House (Free Jacuzzi)
Entire Place • 1 bedroom
30 pyeong private house bedroom 3, toilet 2, 150 pyeong yard, barbecue, sunset flower restaurant
Entire Place • 3 bedrooms
![[Goznock] [Private Hanok] # Up to 6 people # Firewood barbecue # fire pit # Choncang # Suncheon Trav](https://a0.muscache.com/im/pictures/miso/Hosting-846919503756370430/original/aa9f839c-7f4f-406d-9cf3-4796a7d39d9f.jpeg)
[Goznock] [Private Hanok] # Up to 6 people # Firewood barbecue # fire pit # Choncang # Suncheon Trav
Entire Place • 2 bedrooms
5 min Suncheon Train Station Private Garden House
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Suncheon-si
Additional analytics on vacation rental, real estate, short term rental data in Suncheon-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 (65%), with boutique & hotels and house properties comprising 80.9% of inventory
- Strong specialty sector (53.9%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays, others, outdoor & mobile segments (3.6% combined)
Room Capacity Distribution
Analysis of 163 properties in Suncheon-si shows that 1 bedroom properties are most prevalent, making up 51.5% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 71.8% of all listings.
Key Insights
- Most common: 1 bedroom (51.5%)
- Least common: 5+ bedrooms (0.6%)
- Market concentration: 71.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 163 properties in Suncheon-si reveals that 2 guests properties dominate the market, representing 25.2% of all listings. The average property accommodates 3.3 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 44.8% of the market.
Key Insights
- Most common capacity: 2 guests (25.2% of market)
- Least common capacity: 5 guests (3.7% of market)
- Average guest capacity: 3.3 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 163 properties in Suncheon-si, the most common availability pattern is 271-366 days (67.5% of properties). For actual bookings, properties most frequently secure bookings for 1-30 days (36.2% of properties).
Key Insights
- Most common availability window: 271-366 days (67.5%)
- Most common booking duration: 1-30 days (36.2%)
- Properties with high availability (180+ days): 81.6%
- Properties with long-term bookings (180+ days): 19.0%
Minimum Stay Distributions
1 Night
140 listings
97.9% of total
3 Nights
2 listings
1.4% of total
4-6 Nights
1 listings
0.7% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 97.9%
- Mid-length stays (4-6 nights) represent 0.7% of listings
- Monthly+ stays (0%) suggest a stable extended-stay market
- High market flexibility with 99.3% 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
13% of total
Moderate
67 listings
51.1% of total
Firm
21 listings
16% of total
Strict
26 listings
19.8% of total
Key Insights
- Moderate is the preferred policy at 51.1% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 64.1% of the market
- Strong market consensus around Moderate policies
- Flexible policies are least common at 13.0% 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 Feb, Apr, May, averaging 39 days
- Shortest booking windows are in Nov, Jan, Dec, averaging 17 days
- Spring shows the longest average booking window at 33 days, while Winter has the shortest at 26 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 33 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Dec when lead times are shortest
Popular Airbnb Amenities in Suncheon-si
Below is the distribution of amenities across listings in Suncheon-si:
Traveler Demographics
Key Insights
- Domestic travelers make up 70.1% of total guests, indicating a dominant local market share.
- Primary international markets: France (14.1%) and United States (4.7%)
- English is the top language at 38.5%, followed by Korean (37.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.9%
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 Suncheon-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% |
| Sanggwan-myeon | 16 | $1,545 | $155.57 | 29% |
| Gimje-si | 14 | $1,509 | $167.78 | 25% |
| 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% |
| Jeju | 6,536 | $1,257 | $111.66 | 40% |
| Gakbuk-myeon | 12 | $1,199 | $164.86 | 20% |
| Yongso-ri | 16 | $1,143 | $184.90 | 28% |
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