Households drive market demand, with household spending representing 69.5% of total demand in 2021. Hotel Lotte Co Ltd is the largest company in South Korea, generating 41.9% of the industry’s total production value in 2021. The industry is concentrated, with the top five companies generating 89.4% of total production value in 2021. The total number of companies increases in 2021, to 76,520 units. The costs of the industry increase by 16.7% in 2021, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 21.5% of turnover in 2021, the sixth highest regionally. With turnover of USD7.1 billion, South Korea accounts for 3.3% of the Asia Pacific total in 2021.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Hotels and Camping Sites in South Korea: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in South Korea: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!