Hotels and Motels in South Korea - Market Summary, Competitive Analysis and Forecast to 2025
Hotels and Motels in South Korea - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Hotels & Motels in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Hotels & Motels in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms.
- The South Korean hotels and motels industry had total revenues of $705.9m in 2020, representing a compound annual rate of change (CARC) of -34.2% between 2016 and 2020.
- The number of establishments increased with a compound annual growth rate (CAGR) of 1.4% between 2016 and 2020, to reach a total of 768.0 in 2020.
- The number of international tourists in South Korea peaked in 2019, with 17.5 million foreign arrivals during the year.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the hotels & motels market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in South Korea
- Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea hotels & motels market with five year forecasts
- What was the size of the South Korea hotels & motels market by value in 2020?
- What will be the size of the South Korea hotels & motels market in 2025?
- What factors are affecting the strength of competition in the South Korea hotels & motels market?
- How has the market performed over the last five years?
- How large is South Korea’s hotels & motels market in relation to its regional counterparts?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. How has the COVID-19 pandemic impacted leading players?
7.4. Are there any threats to the leading players?
8 COMPANY PROFILES
8.1. Wyndham Hotels and Resorts LLC
8.2. Benikea Hotel KP
8.3. Marriott International Inc
8.4. Lotte Hotels & Resorts Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
3.2. Market volume
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
5.2. Market volume forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. How has the COVID-19 pandemic impacted leading players?
7.4. Are there any threats to the leading players?
8 COMPANY PROFILES
8.1. Wyndham Hotels and Resorts LLC
8.2. Benikea Hotel KP
8.3. Marriott International Inc
8.4. Lotte Hotels & Resorts Co Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: South Korea hotels & motels industry value: $ million, 2016-20
Table 2: South Korea hotels & motels industry volume: number of establishments, 2016-20
Table 3: South Korea hotels & motels industry category segmentation: $ million, 2020
Table 4: South Korea hotels & motels industry geography segmentation: $ million, 2020
Table 5: South Korea hotels & motels industry value forecast: $ million, 2020-25
Table 6: South Korea hotels & motels industry volume forecast: number of establishments, 2020-25
Table 7: Wyndham Hotels and Resorts LLC: key facts
Table 8: Wyndham Hotels and Resorts LLC: Key Employees
Table 9: Benikea Hotel KP: key facts
Table 10: Marriott International Inc: key facts
Table 11: Marriott International Inc: Annual Financial Ratios
Table 12: Marriott International Inc: Key Employees
Table 13: Marriott International Inc: Key Employees Continued
Table 14: Marriott International Inc: Key Employees Continued
Table 15: CRG Holdings, LLC : key facts
Table 16: Lotte Hotels & Resorts Co Ltd: key facts
Table 17: Lotte Hotels & Resorts Co Ltd: Key Employees
Table 18: South Korea size of population (million), 2016-20
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2016-20
Table 20: South Korea gdp (current prices, $ billion), 2016-20
Table 21: South Korea inflation, 2016-20
Table 22: South Korea consumer price index (absolute), 2016-20
Table 23: South Korea exchange rate, 2016-20
Table 1: South Korea hotels & motels industry value: $ million, 2016-20
Table 2: South Korea hotels & motels industry volume: number of establishments, 2016-20
Table 3: South Korea hotels & motels industry category segmentation: $ million, 2020
Table 4: South Korea hotels & motels industry geography segmentation: $ million, 2020
Table 5: South Korea hotels & motels industry value forecast: $ million, 2020-25
Table 6: South Korea hotels & motels industry volume forecast: number of establishments, 2020-25
Table 7: Wyndham Hotels and Resorts LLC: key facts
Table 8: Wyndham Hotels and Resorts LLC: Key Employees
Table 9: Benikea Hotel KP: key facts
Table 10: Marriott International Inc: key facts
Table 11: Marriott International Inc: Annual Financial Ratios
Table 12: Marriott International Inc: Key Employees
Table 13: Marriott International Inc: Key Employees Continued
Table 14: Marriott International Inc: Key Employees Continued
Table 15: CRG Holdings, LLC : key facts
Table 16: Lotte Hotels & Resorts Co Ltd: key facts
Table 17: Lotte Hotels & Resorts Co Ltd: Key Employees
Table 18: South Korea size of population (million), 2016-20
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2016-20
Table 20: South Korea gdp (current prices, $ billion), 2016-20
Table 21: South Korea inflation, 2016-20
Table 22: South Korea consumer price index (absolute), 2016-20
Table 23: South Korea exchange rate, 2016-20
LIST OF FIGURES
Figure 1: South Korea hotels & motels industry value: $ million, 2016-20
Figure 2: South Korea hotels & motels industry volume: number of establishments, 2016-20
Figure 3: South Korea hotels & motels industry category segmentation: % share, by value, 2020
Figure 4: South Korea hotels & motels industry geography segmentation: % share, by value, 2020
Figure 5: South Korea hotels & motels industry value forecast: $ million, 2020-25
Figure 6: South Korea hotels & motels industry volume forecast: number of establishments, 2020-25
Figure 7: Forces driving competition in the hotels & motels industry in South Korea, 2020
Figure 8: Drivers of buyer power in the hotels & motels industry in South Korea, 2020
Figure 9: Drivers of supplier power in the hotels & motels industry in South Korea, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in South Korea, 2020
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in South Korea, 2020
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in South Korea, 2020
Figure 1: South Korea hotels & motels industry value: $ million, 2016-20
Figure 2: South Korea hotels & motels industry volume: number of establishments, 2016-20
Figure 3: South Korea hotels & motels industry category segmentation: % share, by value, 2020
Figure 4: South Korea hotels & motels industry geography segmentation: % share, by value, 2020
Figure 5: South Korea hotels & motels industry value forecast: $ million, 2020-25
Figure 6: South Korea hotels & motels industry volume forecast: number of establishments, 2020-25
Figure 7: Forces driving competition in the hotels & motels industry in South Korea, 2020
Figure 8: Drivers of buyer power in the hotels & motels industry in South Korea, 2020
Figure 9: Drivers of supplier power in the hotels & motels industry in South Korea, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in South Korea, 2020
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in South Korea, 2020
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in South Korea, 2020
