World travel and tourism continues to expand, and South Korea is no exception, being one of the fastest growing travel destinations in the world. In 2013, the number of international visitors to South Korea grew by more than that of the world and regional average. The ways of traveling have changed over the past few years, especially with the advent of social media. Today's customer has more choices than ever before. A vast amount of information is available through thousands of online portals, and customers are becoming more conscious about their travel choices, expecting value for money travel experiences.
Covered in this Report
This report presents a detailed picture of the Travel and Leisure market in South Korea for the period 2014-2018. To calculate the market size in terms of revenues, TechNavio analysts included the expenditure by foreign nationals on inbound tours, duty-free shops, and casino gaming. The report also includes expenditure on outbound tours by South Koreans. The revenues do not include expenditure on domestic tours by South Koreans. The report presents an overview of the drivers that influence the growth of the market.
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Key Regions
South Korea
Key Vendors
HanaTour Service Inc.
Interpark INT Corp.
Modetour Network Inc.
Other Prominent Vendors
Hanjin Travel
Online Tour
Redcap Tour
Sejoong Tour
Tour 2000
YB Tour
Key Market Driver
Medical Tourism
For a full, detailed list, view our report.
Key Market Challenge
Tourism Infrastructure
For a full, detailed list, view our report.
Key Market Trend
FDI in Leisure and Tourism
For a full, detailed list, view our report.
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key