The Myeongdong Company Profile: Airbnb Reviews, Listings & Performance in Seoul
Data note: These figures are estimates based on Airbtics' tracked Airbnb and short-term rental data. Actual occupancy, ADR, revenue, and listing counts may differ from a company's internal PMS or owner reports. We have refined this methodology over 6 years and use our best effort to keep the data accurate and useful.
The Myeongdong Airbnb Listings in Seoul
Locations of 18 The Myeongdong short-term rentals tracked in Seoul. Hover a pin to see its average daily rate and size.
How Do The Myeongdong Listings Compare to the Average Seoul Airbnb Market Performance?
To make an informed decision whether The Myeongdong is the best Airbnb property manager for your
Seoul short-term rental, it’s important to compare its listings performance with
the average metrics for the market. Airbtics data-driven analysis covers average daily rate (ADR),
occupancy rate, annual revenue, and more to help you.
Whether you’re an established vacation rental investor or a beginner host, find out if The Myeongdong is
the best choice for your Airbnb business.
| Average Daily Rate (ADR) | Occupancy Rate | Average Annual Revenue | |
|---|---|---|---|
| The Myeongdong | ₩366,300 | 97% | ₩99,293,632 |
| Seoul (Market average) | ₩97,771 | 81% | ₩26,837,717 |
| Competitive Positioning | +275% | +20% | +270% |
Note: Average annual revenue is the mean per listing over the last 12 months, based on each listing's active days, occupancy, ADR, and cleaning fees. It is not calculated as ADR × 365 × occupancy rate.
Top alternatives to The Myeongdong
Compare other verified managers in Seoul, or browse the full Seoul Airbnb management companies list.
| Alternative manager | Listings | Rating | Occupancy | ADR | Revenue/listing |
|---|---|---|---|---|---|
| CentralviewSuite | 115 | 5 | 77% | ₩139,084 | ₩22,716,146 |
| CentralViewSuite Myeong-Dong | 59 | 5 | 87% | ₩140,461 | ₩31,194,766 |
| Enkor Stay | 42 | 4.3 | 74% | ₩39,935 | ₩2,736,238 |
The Myeongdong Airbnb Guest Reviews
The Myeongdong has an average rating on Airbnb of 4.9. This Airbnb rating shows that The Myeongdong consistently delivers excellent property management services, ensuring strong guest satisfaction and trust.
質問などがあった場合はホストの方とLINEでやり取りをしていたのですが、レスポンスも早く、いつもご丁寧なご対応をしていただけ嬉しかったです！
有樓梯至頂樓，整體非常滿意
Explore vacation rental manager analytics on Airbtics
You can access detailed analytics on vacation rental managers, including their KPIs and their listings’ historical performance, on the Airbtics platform. Top operators use this data for benchmarking and to stay ahead of the market.
The Myeongdong Growth: 50.0% More Airbnb Listings Under Management YoY
Over the last 12 months, The Myeongdong has increased the number of short-term rentals it manages by 50.0%. This expansion indicates growing demand and a strong market presence. 🏖️
The Myeongdong Airbnb Management Fees
The average Seoul Airbnb property manager charges 10-15% of short-term rental income for
half-service management and 20-30% for full-service management. Premium Seoul Airbnb
management companies charge up to 40-45% of the booking total. The exact rate depends on your exact
location, property type and size, and required vacation rental management services.
To get a custom quote from The Myeongdong about their Airbnb management fees, get in touch with the
team.
Is The Myeongdong a Good Airbnb Property Manager Option in Seoul?
Considering The Myeongdong property management services, fees, and performance vs market average, it
could be a good option for some Airbnb hosts and owners looking for passive short-term rental
property investments in Seoul.
To decide if The Myeongdong is the best choice for you, take into account the costs and benefits.
Evaluate whether the expected boost in rental revenue due to professional services and the elevated
level of comfort for you exceed or not the monthly Airbnb management fees charged by The Myeongdong.
It’s best to schedule a call with The Myeongdong to discuss your particular situation, what the Airbnb
manager can do for your property, and how much exactly you’d need to pay them.