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Hotels & Motels in South Korea - Industry and Country Analysis
Datamonitor, July 2011, Pages: 66
Project Synopsis:
Hotels & Motels in South Korea – Industry and Country Analysis provides five forces Industry analysis, along with PESTLE country analysis of South Korea. This report concludes with profiles of the leading companies in the Korean hotels & motels market.
Project Description:
Includes market value/volume, geographical segmentation, and five forces (buyer power, supplier power, new entrants, substitutes, and rivalry) analysis of the Hotels & Motels Industry in South Korea. The PESTLE analysis section analyzes the current challenges, future prospects and risks across political, economic, social, technological, legal and environmental areas of the country.
Scope:
- Contains data on market value, volume and/or segmentation for Hotels & Motels in South Korea
- Incorporates in-depth five forces competitive environment analysis
- analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of South Korea
- The leading companies are identified with supporting key financial metrics (where available)
Market Definition:
The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and foodservice. The value does not include any revenues generated through other interests, such as casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (domestic consumers, domestic business and international business & consumers). Any currency conversions included within this report have been calculated using constant 2009 annual average exchange rates.
Highlights:
The South Korean hotels & motels industry had total revenue of $4.3 billion in 2009, representing a compound annual growth rate (CAGR) of 6% for the period spanning 2005-2009.
The international segment was the industry's most lucrative in 2009, with total revenue of $1,603.8 million, equivalent to 37% of the industry's overall value.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 8.1% for the five-year period 2009-2014, which is expected to drive the industry to a value of $6.4 billion by the end of 2014.
Reasons to purchase:
- Spot future trends and developments
- Inform your business decisions
- Add weight to presentations and marketing materials
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