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Hotels and Motels in South Korea
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
Scope
Reasons to Buy
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 & motels industry is forecast to generate total revenues of $2.8bn in 2020, representing a compound annual rate of change (CARC) of -7% between 2016 and 2020.
- The number of establishments is expected to decline at a CARC of -0.2% between 2016 and 2020, to reach a total of 721 establishments in 2020.
- COVID-19 will have a devastating effect on the South Korean hotels and motels industry which is expected to decline by -21.5% in 2020.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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.
Reasons to Buy
- 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?
- What are the main segments that make up South Korea's hotels & motels market?
Note: Product cover images may vary from those shown
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Wyndham Hotels and Resorts LLC
- Benikea Hotel KP
- Lotte Hotels & Resorts Co Ltd
- Marriott International Inc
Note: Product cover images may vary from those shown