Online Travel and Intermediaries in South Korea

September 2021 | 21 pages | ID: OA35C829AB3AEN
Euromonitor International Ltd

Abstracts

During 2021, no meaningful changes were made to the travel restrictions that put such huge pressure on outbound and inbound tourism flows in South Korea during 2020. With an average of around 500 new cases of COVID-19 per day during 2021, the pandemic continued to have a negative impact on South Korean society throughout the year. In addition, only slow progress has been seen in the roll-out of the South Korean government’s COVID-19 vaccination programme since June 2021. This has resulted in del...

Euromonitor International's Online Travel and Intermediaries 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 2016-2020, 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 2025 illustrate how the market is set to change.

Product coverage: Mobile Travel Sales, Online Travel Sales, Travel Intermediaries.

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

Why buy this report?

• Get a detailed picture of the Online Travel and Intermediaries 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.

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.

Contents

ONLINE TRAVEL AND INTERMEDIARIES IN SOUTH KOREA
KEY DATA FINDINGS
2021 IMPACT
Travel intermediaries continues to face challenges due to ongoing travel restriction
Yanolja wins leadership in travel intermediaries as demand for domestic trips rises
Players downsize business operation to survive
RECOVERY AND OPPORTUNITIES
Early-bird travel package sales for vaccinated customers to boost cashflow for category players
Personalised tours and activities to the fore as domestic trips remain the main growth driver
My Real Trip and Yellow Balloon invests in R&D to prepare for post-pandemic travel resumption
From e-commerce to logistics, travel intermediaries expand into new business opportunities
CATEGORY DATA
Table 1 Travel Intermediaries Sales: Value 2016-2021
Table 2 Intermediaries Corporate Business Online Sales: Value 2016-2021
Table 3 Intermediaries Leisure Online Sales: Value 2016-2021
Table 4 Travel Intermediaries NBO Company Shares: % Value 2016-2021
Table 5 Online Travel Sales to Residents: Value 2016-2021
Table 6 Total Mobile Travel Sales to Residents: Value 2016-2021
Table 7 Forecast Travel Intermediaries Sales: Value 2021-2026
Table 8 Forecast Intermediaries Corporate Business Online Sales: Value 2021-2026
Table 9 Forecast Intermediaries Leisure Online Sales: Value 2021-2026
Table 10 Forecast Online Travel Sales to Residents: Value 2021-2026
Table 11 Forecast Total Mobile Travel Sales to Residents: Value 2021-2026
CHART 1 Inbound Receipts: 2021-2026
CHART 2 Average Spend per Trip for Inbound Arrivals: 2021-2026
TRAVEL IN SOUTH KOREA
EXECUTIVE SUMMARY
Travel in 2021
COVID-19 impact on travel
Company response to COVID-19 in 2021: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries in 2021
What next for travel?
MARKET DATA
Table 12 Other Transport Sales: Value 2016-2021
Table 13 Other Transport Online Sales: Value 2016-2021
Table 14 Forecast Other Transport Sales: Value 2021-2026
Table 15 Forecast Other Transport Online Sales: Value 2021-2026
Table 16 Activities and Experiences: Value 2016-2021
Table 17 Forecast Activities and Experiences: Value 2021-2026
GLOBAL INDUSTRY ENVIRONMENT
DISCLAIMER
SOURCES
Summary 1 Research Sources