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Global Lodging in South Korea Market Overview, Size, Share and Trends 2021-2026

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Wiseguy Report

The substantial drop in inbound arrivals along with the introduction of mandatory quarantine measures from 1 April led to most lodging operators seeing extremely low occupancy rates during the first quarter of 2020. Hotels typically popular with groups of Chinese travellers have suffered most severely as inbound arrivals from China nosedived. Operators continue to actively promote their services to domestic travellers in order to survive the pandemic and remain keen to emphasise the importance o...

 

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Euromonitor International's Lodging 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 2015-2019, 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 2024 illustrate how the market is set to change.

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Product coverage: Hotels, Lodging Offline, Lodging Online, Other Lodging, Short-Term Rentals.

 

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

 

Why buy this report?

* Get a detailed picture of the Lodging 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.

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Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

Lodging in South Korea

Euromonitor International

November 2020

 

List OF CONTENTS AND TABLES

 

KEY DATA FINDINGS

2020 IMPACT

Local residents protest establishment of neighbourhood quarantine hotels

Airbnb adapts its cancellation policy in face of complaints from frustrated hosts

RECOVERY AND OPPORTUNITIES

Staycation trend to take off while luxury hotel remains set to expand

Yanolja reshapes hotel management through digital technology and home-start up offers authentic experience

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CATEGORY DATA

Table 1 Lodging Sales: Value 2015-2020

Table 2 Lodging Online Sales: Value 2015-2020

Table 3 Hotels Sales: Value 2015-2020

Table 4 Hotels Online Sales: Value 2015-2020

Table 5 Other Lodging Sales: Value 2015-2020

Table 6 Other Lodging Online Sales: Value 2015-2020

Table 7 Lodging Outlets: Units 2015-2020

Table 8 Lodging: Number of Rooms 2015-2020

Table 9 Lodging by Incoming vs Domestic: % Value 2015-2020

Table 10 Hotels NBO Company Shares: % Value 2016-2020

Table 11 Hotel Brands by Key Performance Indicators 2020

Table 12 Forecast Lodging Sales: Value 2020-2025

Table 13 Forecast Lodging Online Sales: Value 2020-2025

Table 14 Forecast Hotels Sales: Value 2020-2025

Table 15 Forecast Hotels Online Sales: Value 2020-2025

Table 16 Forecast Other Lodging Sales: Value 2020-2025

Table 17 Forecast Other Lodging Online Sales: Value 2020-2025

Table 18 Forecast Lodging Outlets: Units 2020-2025

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EXECUTIVE SUMMARY

COVID-19 impact on travel

COVID-19 country impact

Company response to COVID-19: Airlines and hotels

Impact of COVID-19 on online bookings and travel intermediaries

What next for travel?

CHART 1 Inbound Receipts: 2020-2025

CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025

MARKET DATA

Table 19 Annual Leave: Volume 2015-2020

Table 20 Travellers by Age: Number of People 2015-2020

Table 21 Seasonality: Number of People 2015-2020

Table 22 Leisure Outbound Demographics: Number of Trips 2015-2020

Table 23 Other Transport Sales: Value 2015-2020

Table 24 Other Transport Online Sales: Value 2015-2020

Table 25 Forecast Other Transport Sales: Value 2020-2025

Table 26 Forecast Other Transport Online Sales: Value 2020-2025

....continued

 

 CONTACT DETAILS :

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+44 203 500 2763

+1 62 825 80070

971 0503084105

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