Market Research Report
Online Travel Sales and Intermediaries in South Korea
|Published by||Euromonitor International||Product code||971760|
|Published||Content info||22 Pages
Delivery time: 1-2 business days
|Online Travel Sales and Intermediaries in South Korea|
|Published: November 12, 2020||Content info: 22 Pages||
Travel intermediaries is especially hard hit having seen slowed growth pre-pandemic due to the No Japan boycott movement. The impact of COVID-19 and resultant disruptions to travel have compounded the sector's struggle. Japan has traditionally been among the most popular destinations for South Korean travellers, but in 2019 outbound departures to the country dropped by 26%, to fall further in 2020 by another 41%. While intermediaries responded by promoting destinations such as Singapore and Russ...
Euromonitor International's Online Travel Sales 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 2015-2019, 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 2024 illustrate how the market is set to change.
Product coverage: Mobile Travel Sales to Residents, Online Travel Sales to Residents, Travel Intermediaries.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
List OF CONTENTS AND TABLES
KEY DATA FINDINGS
COVID-19 follows boycott Japan campaign to further weaken sector while government coupons offer some relief
Online shift gains pace and threatens demand for intermediaries
RECOVERY AND OPPORTUNITIES
Dynamic packaging to see rising demand
Investment in innovative solutions and creative packages aims to tempt tourists back to travel
COVID-19 impact on travel
COVID-19 country impact
Company response to COVID-19: Airlines and hotels
Impact of COVID-19 on online bookings and travel intermediaries
What next for travel?
CHART 1 Inbound Receipts: 2020-2025
CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT