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