Travel in South Korea

Travel in South Korea

A new variant of COVID-19, Omicron, emerged in South Korea towards the end of 2021. In early 2022, the number of confirmed cases was at its highest. As a result, the travel industry did not see any notable increase in demand in Q1. However, starting from 1 April 2022, travel restrictions for entering South Korea were eased, with fully vaccinated visitors no longer required to quarantine. After one month, the requirement to quarantine was removed for all inbound arrivals regardless of their vacci...

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 2017-2021, 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 2026 illustrate how the market is set to change.

Product coverage: Booking, Car Rental (Destination), 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.


Travel in South Korea
Euromonitor International
October 2022
List Of Contents And Tables
TRAVEL IN SOUTH KOREA
EXECUTIVE SUMMARY
Travel in 2022
Airlines: Key trends
Hotels: Key trends
Booking: Key trends
What next for travel?
CHART 1 Inbound Receipts: 2022-2027
CHART 2 Average Spend per Trip for Inbound Arrivals: 2022-2027
MARKET DATA
Table 1 Surface Travel Modes Sales: Value 2017-2022
Table 2 Surface Travel Modes Online Sales: Value 2017-2022
Table 3 Forecast Surface Travel Modes Sales: Value 2022-2027
Table 4 Forecast Surface Travel Modes Online Sales: Value 2022-2027
Table 5 In-Destination Spending: Value 2017-2022
Table 6 Forecast In-Destination Spending: Value 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
TOURISM FLOWS IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Number of outbound trips begins to surge in South Korea
Jeju remains popular alternative destination to outbound travel
PROSPECTS AND OPPORTUNITIES
Expectations for a rapid recovery in cross-border travel due to fewer restrictions in South Korea
New travel trends among younger generations
CATEGORY DATA
Table 7 Inbound Arrivals: Number of Trips 2017-2022
Table 8 Inbound Arrivals by Country: Number of Trips 2017-2022
Table 9 Inbound City Arrivals 2017-2022
Table 10 Inbound Tourism Spending: Value 2017-2022
Table 11 Forecast Inbound Arrivals: Number of Trips 2022-2027
Table 12 Forecast Inbound Arrivals by Country: Number of Trips 2022-2027
Table 13 Forecast Inbound Tourism Spending: Value 2022-2027
Table 14 Domestic Trips by Destination: Number of Trips 2017-2022
Table 15 Domestic Spending: Value 2017-2022
Table 16 Forecast Domestic Spending: Value 2022-2027
Table 17 Outbound Departures: Number of Trips 2017-2022
Table 18 Outbound Departures by Destination: Number of Trips 2017-2022
Table 19 Outbound Tourism Spending: Value 2017-2022
Table 20 Forecast Outbound Departures: Number of Trips 2022-2027
Table 21 Forecast Outbound Departures by Destination: Number of Trips 2022-2027
Table 22 Forecast Outbound Spending: Value 2022-2027
AIRLINES IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Full service carriers adapt to scenario presented by pandemic
Non-landing tourism comes to an end
PROSPECTS AND OPPORTUNITIES
Airlines resume popular routes
Price of flights one of the discouraging factors for cross-border travel
CATEGORY DATA
Table 23 Airlines Sales: Value 2017-2022
Table 24 Airlines Online Sales: Value 2017-2022
Table 25 Airlines: Passengers Carried 2017-2022
Table 26 Airlines NBO Company Shares: % Value 2017-2021
Table 27 Low Cost Carriers Brands by Key Performance Indicators 2022
Table 28 Full Service Carriers Brands by Key Performance Indicators 2022
Table 29 Forecast Airlines Sales: Value 2022-2027
Table 30 Forecast Airlines Online Sales: Value 2022-2027
LODGING (DESTINATION) IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Further increase in number of campsites, with car camping remaining a relevant trend
Greater spending on lodging, mainly driven by hotels
PROSPECTS AND OPPORTUNITIES
Luxury hotels target younger generations with indulgent packages
New international hotel chains continue to add new outlets in South Korea
CATEGORY DATA
Table 31 Lodging (Destination) Sales: Value 2017-2022
Table 32 Lodging (Destination) Online Sales: Value 2017-2022
Table 33 Hotels Sales: Value 2017-2022
Table 34 Hotels Online Sales: Value 2017-2022
Table 35 Other Lodging Sales: Value 2017-2022
Table 36 Other Lodging Online Sales: Value 2017-2022
Table 37 Lodging (Destination) Outlets: Units 2017-2022
Table 38 Lodging (Destination) Rooms: Number of Rooms 2017-2022
Table 39 Lodging (Destination) by Incoming vs Domestic: % Value 2017-2022
Table 40 Hotels NBO Company Shares: % Value 2017-2021
Table 41 Hotel Brands by Key Performance Indicators 2022
Table 42 Forecast Lodging (Destination) Sales: Value 2022-2027
Table 43 Forecast Lodging (Destination) Online Sales: Value 2022-2027
Table 44 Forecast Hotels Sales: Value 2022-2027
Table 45 Forecast Hotels Online Sales: Value 2022-2027
Table 46 Forecast Other Lodging Sales: Value 2022-2027
Table 47 Forecast Other Lodging Online Sales: Value 2022-2027
Table 48 Forecast Lodging (Destination) Outlets: Units 2022-2027
BOOKING IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Performance of online travel intermediaries aligned with changing trajectory of pandemic
Travel intermediaries experience rise in sales revenue
PROSPECTS AND OPPORTUNITIES
Travel intermediaries increasing support for confirmed patients whilst travelling
New types of package tours emerging post-pandemic
CATEGORY DATA
Table 49 Booking Sales: Value 2017-2022
Table 50 Business Travel Sales: Value 2017-2022
Table 51 Leisure Travel Sales: Value 2017-2022
Table 52 Travel Intermediaries NBO Company Shares: % Value 2017-2022
Table 53 Forecast Booking Sales: Value 2022-2027
Table 54 Forecast Business Travel Sales: Value 2022-2027
Table 55 Forecast Leisure Travel Sales: Value 2022-2027

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