
South Korea Travel
Description
Travel in South Korea
The number of outbound departures from South Korea is set to continue to rise in 2024, drawing closer to the pre-pandemic level. One factor driving growth is that the travel payments landscape for South Korean outbound travellers has experienced significant growth in recent years, driven by increasing competition amongst fintechs and financial institutions. These companies have developed travel cards and financial products that offer benefits such as no transaction fees and free currency exchang...
Euromonitor International's Travel in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Booking, In-Destination Spending, Lodging (Destination), Tourism Flows, Travel Modes.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Travel market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Table of Contents
47 Pages
- Travel in South Korea
- Euromonitor International
- September 2024
- List Of Contents And Tables
- TRAVEL IN SOUTH KOREA
- EXECUTIVE SUMMARY
- Travel in 2024
- Airlines: Key trends
- Hotels: Key trends
- Booking: Key trends
- What next for travel?
- MARKET DATA
- Table 1 Surface Travel Modes Sales: Value 2019-2024
- Table 2 Surface Travel Modes Online Sales: Value 2019-2024
- Table 3 Forecast Surface Travel Modes Sales: Value 2024-2029
- Table 4 Forecast Surface Travel Modes Online Sales: Value 2024-2029
- Table 5 In-Destination Spending: Value 2019-2024
- Table 6 Forecast In-Destination Spending: Value 2024-2029
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
- TOURISM FLOWS IN SOUTH KOREA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- The boom of travel payments for South Korean outbound travellers
- Changing travel trends in South Korea: More visitors, less spending
- PROSPECTS AND OPPORTUNITIES
- New visa system in South Korea to attract visitors and boost travel spending
- South Korea aims to expand MICE travel with new facilities across key cities
- CATEGORY DATA
- Table 7 Inbound Arrivals: Number of Trips 2019-2024
- Table 8 Inbound Arrivals by Country: Number of Trips 2019-2024
- Table 9 Inbound City Arrivals 2019-2024
- Table 10 Inbound Tourism Spending: Value 2019-2024
- Table 11 Forecast Inbound Arrivals: Number of Trips 2024-2029
- Table 12 Forecast Inbound Arrivals by Country: Number of Trips 2024-2029
- Table 13 Forecast Inbound Tourism Spending: Value 2024-2029
- Table 14 Domestic Tourism by Destination: Number of Trips 2019-2024
- Table 15 Domestic Spending: Value 2019-2024
- Table 16 Forecast Domestic Tourism by Destination: Number of Trips 2024-2029
- Table 17 Forecast Domestic Spending: Value 2024-2029
- Table 18 Outbound Departures: Number of Trips 2019-2024
- Table 19 Outbound Departures by Destination: Number of Trips 2019-2024
- Table 20 Outbound Tourism Spending: Value 2019-2024
- Table 21 Forecast Outbound Departures: Number of Trips 2024-2029
- Table 22 Forecast Outbound Departures by Destination: Number of Trips 2024-2029
- Table 23 Forecast Outbound Spending: Value 2024-2029
- AIRLINES IN SOUTH KOREA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Korean Air and Asiana Airlines merger: Conditional EU approval, awaiting US decision
- LCCs boost revenue by expanding routes to Japan and Southeast Asia
- PROSPECTS AND OPPORTUNITIES
- T'way Air expands to Europe after Korean Air and Asiana merger
- Air Premia leads the way as more hybrid airlines emerge in Korea
- CATEGORY DATA
- Table 24 Airlines Sales: Value 2019-2024
- Table 25 Airlines Online Sales: Value 2019-2024
- Table 26 Airlines: Passengers Carried 2019-2024
- Table 27 Airlines NBO Company Shares: % Value 2019-2023
- Table 28 Non-Scheduled Carriers Brands by Key Performance Indicators 2024
- Table 29 Low Cost Carriers Brands by Key Performance Indicators 2024
- Table 30 Full Service Carriers Brands by Key Performance Indicators 2024
- Table 31 Forecast Airlines Sales: Value 2024-2029
- Table 32 Forecast Airlines Online Sales: Value 2024-2029
- LODGING (DESTINATION) IN SOUTH KOREA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Diversification of inbound travellers will transform hotels
- Korea eases short-term rental rules for domestic travellers
- PROSPECTS AND OPPORTUNITIES
- Luxury hotels set to expand in Korea as tourism rebounds
- Hotels adapt to meet the hyperpersonalised travel trend
- CATEGORY DATA
- Table 33 Lodging (Destination) Sales: Value 2019-2024
- Table 34 Lodging (Destination) Online Sales: Value 2019-2024
- Table 35 Hotels Sales: Value 2019-2024
- Table 36 Hotels Online Sales: Value 2019-2024
- Table 37 Other Lodging Sales: Value 2019-2024
- Table 38 Other Lodging Online Sales: Value 2019-2024
- Table 39 Lodging (Destination) Outlets: Units 2019-2024
- Table 40 Lodging (Destination) Rooms: Number of Rooms 2019-2024
- Table 41 Lodging (Destination) by Incoming vs Domestic: % Value 2019-2024
- Table 42 Hotels NBO Company Shares: % Value 2019-2023
- Table 43 Hotel Brands by Key Performance Indicators 2024
- Table 44 Forecast Lodging (Destination) Sales: Value 2024-2029
- Table 45 Forecast Lodging (Destination) Online Sales: Value 2024-2029
- Table 46 Forecast Hotels Sales: Value 2024-2029
- Table 47 Forecast Hotels Online Sales: Value 2024-2029
- Table 48 Forecast Other Lodging Sales: Value 2024-2029
- Table 49 Forecast Other Lodging Online Sales: Value 2024-2029
- Table 50 Forecast Lodging (Destination) Outlets: Units 2024-2029
- BOOKING IN SOUTH KOREA
- KEY DATA FINDINGS
- 2024 DEVELOPMENTS
- Diversification of OTAs as major platforms enter the market
- Travel intermediaries performs well amidst growing demand
- PROSPECTS AND OPPORTUNITIES
- Continued rise in demand for premium travel packages in Korea
- AI integration to enhance the customer experience
- CATEGORY DATA
- Table 51 Booking Sales: Value 2019-2024
- Table 52 Business Travel Sales: Value 2019-2024
- Table 53 Leisure Travel Sales: Value 2019-2024
- Table 54 Travel Intermediaries NBO Company Shares: % Value 2019-2024
- Table 55 Forecast Booking Sales: Value 2024-2029
- Table 56 Forecast Business Travel Sales: Value 2024-2029
- Table 57 Forecast Leisure Travel Sales: Value 2024-2029
Pricing
Currency Rates
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