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Hotels & Motels in South Korea

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Details

Hotels & Motels in South Korea

Summary

Hotels & Motels in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the South Korea hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2017 annual average exchange rates.

The South Korean hotels and motels industry is forecast to generate total revenues of USD 3.7bn in 2018, representing a compound annual rate of change (CARC) of -1% between 2014 and 2018.

The number of establishments is forecast to increase with a CAGR of 2.9% between 2014 and 2018, to reach a total of 784.0 in 2018.

In 2016, foreign visitors increased by 30.3% compared to 2015, boosting hotel operators' revenues, despite a slight drop in the average price of accommodation as occupancy rates remained relatively low.

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 by both value and volume

Reasons to buy

- What was the size of the South Korea hotels & motels market by value in 2017?

- What will be the size of the South Korea hotels & motels market in 2022?

- 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?

READ MORE

Table Of Content

Scope

Table of Contents

Executive Summary 2

Market value 2

Market value forecast 2

Market volume 2

Market volume forecast 2

Category segmentation 2

Geography segmentation 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 9

Market value 9

Market volume 10

Market Segmentation 11

Category segmentation 11

Geography segmentation 12

Market Outlook 13

Market value forecast 13

Market volume forecast 14

Five Forces Analysis 15

Summary 15

Buyer power 16

Supplier power 18

New entrants 19

Threat of substitutes 21

Degree of rivalry 22

Leading Companies 24

AccorHotels 24

LOTTE HOTELS & RESORTS Co., Ltd. 27

Marriott International Inc 28

Wyndham Worldwide Corporation 31

Macroeconomic Indicators 34

Country data 34

Methodology 36

Industry associations 37

Related MarketLine research 37

Appendix 38

About MarketLine 38


List Of Figure

List of Figures

Figure 1: South Korea hotels & motels industry value: USD billion, 2014-18(e)

Figure 2: South Korea hotels & motels industry volume: establishments, 2014-18(e)

Figure 3: South Korea hotels & motels industry category segmentation: % share, by value, 2018(e)

Figure 4: South Korea hotels & motels industry geography segmentation: % share, by value, 2018(e)

Figure 5: South Korea hotels & motels industry value forecast: USD billion, 2018-23

Figure 6: South Korea hotels & motels industry volume forecast: establishments, 2018-23

Figure 7: Forces driving competition in the hotels & motels industry in South Korea, 2018

Figure 8: Drivers of buyer power in the hotels & motels industry in South Korea, 2018

Figure 9: Drivers of supplier power in the hotels & motels industry in South Korea, 2018

Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in South Korea, 2018

Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in South Korea, 2018

Figure 12: Drivers of degree of rivalry in the hotels & motels industry in South Korea, 2018

Figure 13: AccorHotels: revenues & profitability

Figure 14: AccorHotels: assets & liabilities

Figure 15: Marriott International Inc: revenues & profitability

Figure 16: Marriott International Inc: assets & liabilities

Figure 17: Wyndham Worldwide Corporation: revenues & profitability

Figure 18: Wyndham Worldwide Corporation: assets & liabilities


List Of Table

List of Tables

Table 1: South Korea hotels & motels industry value: USD billion, 2014-18(e)

Table 2: South Korea hotels & motels industry volume: establishments, 2014-18(e)

Table 3: South Korea hotels & motels industry category segmentation: USD billion, 2018(e)

Table 4: South Korea hotels & motels industry geography segmentation: USD billion, 2018(e)

Table 5: South Korea hotels & motels industry value forecast: USD billion, 2018-23

Table 6: South Korea hotels & motels industry volume forecast: establishments, 2018-23

Table 7: AccorHotels: key facts

Table 8: AccorHotels: key financials (USD )

Table 9: AccorHotels: key financials (EUR)

Table 10: AccorHotels: key financial ratios

Table 11: LOTTE HOTELS & RESORTS Co., Ltd.: key facts

Table 12: Marriott International Inc: key facts

Table 13: Marriott International Inc: key financials (USD )

Table 14: Marriott International Inc: key financial ratios

Table 15: Wyndham Worldwide Corporation: key facts

Table 16: Wyndham Worldwide Corporation: key financials (USD )

Table 17: Wyndham Worldwide Corporation: key financial ratios

Table 18: South Korea size of population (million), 2014-18

Table 19: South Korea gdp (constant 2005 prices, USD billion), 2014-18

Table 20: South Korea gdp (current prices, USD billion), 2014-18

Table 21: South Korea inflation, 2014-18

Table 22: South Korea consumer price index (absolute), 2014-18

Table 23: South Korea exchange rate, 2013-17

Licence Rights

Single User License:
Report can be used by individual purchaser only

Site License: 
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License:  
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

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Products and Companies


Companies

AccorHotels

LOTTE HOTELS & RESORTS Co., Ltd.

Marriott International Inc

Wyndham Worldwide Corporation

Company Profile

Company Profile Title

Hotels & Motels in South Korea

Summary

Hotels & Motels in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Essential resource for top-line data and analysis covering the South Korea hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The hotels & motels industry value consists of all revenues generated by hotels, motels and other accommodation providers through the provision of accommodation and other services. The total value includes room revenue and non-room revenue, including casinos, shops and telecommunication services. The industry is segmented according to the origin of the revenues (leisure consumers and business consumers). Market volumes are classed as the number of hotels in a country or region. Any currency conversions included within this report have been calculated using constant 2017 annual average exchange rates.

The South Korean hotels and motels industry is forecast to generate total revenues of USD 3.7bn in 2018, representing a compound annual rate of change (CARC) of -1% between 2014 and 2018.

The number of establishments is forecast to increase with a CAGR of 2.9% between 2014 and 2018, to reach a total of 784.0 in 2018.

In 2016, foreign visitors increased by 30.3% compared to 2015, boosting hotel operators' revenues, despite a slight drop in the average price of accommodation as occupancy rates remained relatively low.

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 by both value and volume

Reasons to buy

- What was the size of the South Korea hotels & motels market by value in 2017?

- What will be the size of the South Korea hotels & motels market in 2022?

- 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?

READ MORE

Scope

Table of Contents

Executive Summary 2

Market value 2

Market value forecast 2

Market volume 2

Market volume forecast 2

Category segmentation 2

Geography segmentation 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 9

Market value 9

Market volume 10

Market Segmentation 11

Category segmentation 11

Geography segmentation 12

Market Outlook 13

Market value forecast 13

Market volume forecast 14

Five Forces Analysis 15

Summary 15

Buyer power 16

Supplier power 18

New entrants 19

Threat of substitutes 21

Degree of rivalry 22

Leading Companies 24

AccorHotels 24

LOTTE HOTELS & RESORTS Co., Ltd. 27

Marriott International Inc 28

Wyndham Worldwide Corporation 31

Macroeconomic Indicators 34

Country data 34

Methodology 36

Industry associations 37

Related MarketLine research 37

Appendix 38

About MarketLine 38


List Of Figure

List of Figures

Figure 1: South Korea hotels & motels industry value: USD billion, 2014-18(e)

Figure 2: South Korea hotels & motels industry volume: establishments, 2014-18(e)

Figure 3: South Korea hotels & motels industry category segmentation: % share, by value, 2018(e)

Figure 4: South Korea hotels & motels industry geography segmentation: % share, by value, 2018(e)

Figure 5: South Korea hotels & motels industry value forecast: USD billion, 2018-23

Figure 6: South Korea hotels & motels industry volume forecast: establishments, 2018-23

Figure 7: Forces driving competition in the hotels & motels industry in South Korea, 2018

Figure 8: Drivers of buyer power in the hotels & motels industry in South Korea, 2018

Figure 9: Drivers of supplier power in the hotels & motels industry in South Korea, 2018

Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in South Korea, 2018

Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in South Korea, 2018

Figure 12: Drivers of degree of rivalry in the hotels & motels industry in South Korea, 2018

Figure 13: AccorHotels: revenues & profitability

Figure 14: AccorHotels: assets & liabilities

Figure 15: Marriott International Inc: revenues & profitability

Figure 16: Marriott International Inc: assets & liabilities

Figure 17: Wyndham Worldwide Corporation: revenues & profitability

Figure 18: Wyndham Worldwide Corporation: assets & liabilities


List Of Table

List of Tables

Table 1: South Korea hotels & motels industry value: USD billion, 2014-18(e)

Table 2: South Korea hotels & motels industry volume: establishments, 2014-18(e)

Table 3: South Korea hotels & motels industry category segmentation: USD billion, 2018(e)

Table 4: South Korea hotels & motels industry geography segmentation: USD billion, 2018(e)

Table 5: South Korea hotels & motels industry value forecast: USD billion, 2018-23

Table 6: South Korea hotels & motels industry volume forecast: establishments, 2018-23

Table 7: AccorHotels: key facts

Table 8: AccorHotels: key financials (USD )

Table 9: AccorHotels: key financials (EUR)

Table 10: AccorHotels: key financial ratios

Table 11: LOTTE HOTELS & RESORTS Co., Ltd.: key facts

Table 12: Marriott International Inc: key facts

Table 13: Marriott International Inc: key financials (USD )

Table 14: Marriott International Inc: key financial ratios

Table 15: Wyndham Worldwide Corporation: key facts

Table 16: Wyndham Worldwide Corporation: key financials (USD )

Table 17: Wyndham Worldwide Corporation: key financial ratios

Table 18: South Korea size of population (million), 2014-18

Table 19: South Korea gdp (constant 2005 prices, USD billion), 2014-18

Table 20: South Korea gdp (current prices, USD billion), 2014-18

Table 21: South Korea inflation, 2014-18

Table 22: South Korea consumer price index (absolute), 2014-18

Table 23: South Korea exchange rate, 2013-17

Single User License:
Report can be used by individual purchaser only

Site License: 
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License:  
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS


Companies

AccorHotels

LOTTE HOTELS & RESORTS Co., Ltd.

Marriott International Inc

Wyndham Worldwide Corporation