Travel and Tourism in South Korea to 2018 - PowerPoint PPT Presentation

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Travel and Tourism in South Korea to 2018

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Rapid economic development in Asian countries has benefitted the South Korean Travel and Tourism sector across all categories - domestic, inbound, and outbound - in terms of both tourism flows and expenditure. The increasing popularity of Korean popular culture, known as the Korean wave, has increased tourist arrivals from Southeast Asia and India. According to the World Economic Forum Travel and Tourism Competitiveness Index 2013, South Korea ranked sixth among 25 countries in terms of overall travel and tourism in Asia-Pacific. Read more details of report at: – PowerPoint PPT presentation

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Title: Travel and Tourism in South Korea to 2018


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Travel and Tourism in South Korea to 2018
2
Summary
Travel and Tourism in Japan to 2019 provides
detailed information on the Japanese tourism
sector, analyzing market data and providing
insights. This report provides a better
understanding of tourism flows, tourist
expenditure, airlines, hotels, car rental and
travel intermediaries industries.  The report
brings together Travel Tourism Intelligence
Centers research, modeling and analysis
expertise in order to develop uniquely detailed
market data. This allows domestic and foreign
companies to identify the market dynamics and to
discover which segments will see growth in the
coming years. Access The Full Report On
http//www.bigmarketresearch.com/travel-and-touris
m-in-japan-to-2019-market
3
Key Findings
  • Domestic tourist volumes in South Korea increased
    from 31.2 million in 2009 to 33.5 million in
    2013, at a CAGR of 1.83. The growth was driven
    by improving economic conditions, rising consumer
    confidence, and higher disposable incomes 
  • Strong growth was recorded in the South Korean
    inbound tourism sector during the historic
    period, with the number of international arrivals
    rising from 7.6 million in 2009 to 11.9 million
    in 2013, at a CAGR of 11.84. Inbound tourist
    expenditure also increased at a CAGR of 5.84,
    from KRW12.5 trillion (US9.8 billion) in 2009 to
    KRW15.7 trillion (US14.3 billion) in 2013. The
    strong growth in international arrivals can be
    attributed to marketing initiatives and relaxed
    visa regulations 
  • South Koreas medical tourism sector has risen
    significantly during the historic period and the
    country has established itself as a popular
    cosmetic surgery destination. The number of
    medical tourists to South Korea increased from
    60,201 in 2009 to 211,218 in 2013, rising
    significantly at a CAGR of 36.9. The total
    number of medical tourists increased from 154,464
    in 2012 to 211,218 in 2013, representing an
    increase of 32.5 

4
Key Findings
  • China was a key source country for South Korea
    with 4.3 million Chinese visitors in 2013, up
    from 2.8 million visitors in 2012. Travel is
    being supported by policies such as visa-free
    short-term visits to South Korea 
  • The number of cruise tourists to South Korean
    ports recorded strong growth, benefitting from a
    drop in cruise travel between China and Japan.
    According to the Ministry of Oceans and Fisheries
    (MOF), the number of cruise tourists to South
    Korea increased from 280,000 in 2012 to 790,000
    in 2013 
  • The South Korean aviation market performed well
    during the historic period, with total revenues
    increasing from KRW11.5 trillion (US9 billion)
    in 2009 to KRW17.2 trillion (US15.7 billion) in
    2013, at a CAGR of 10.55. This growth was driven
    by an increase in tourist volumes, growth in the
    number of LCCs and an increase in air capacity 
  • To Get More Details Enquire _at_ http//www.bigmarket
    research.com/report-enquiry/178059

5
Synopsis

The report provides detailed market analysis,
information and insights, includingHistoric and
forecast tourist volumes covering the entire
South Korean Travel and Tourism sector.Detailed
analysis of tourist spending patterns in South
Korea for various categories in the Travel and
Tourism sector, such as accommodation,
sightseeing and entertainment, foodservice,
transportation, retail, travel intermediaries,
and others.Detailed market classification across
each category, with analysis using similar
metricsDetailed analysis of the airline, hotel,
car rental, and travel intermediaries industries.
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Table Of Content
1 Executive Summary 2 The Travel and Tourism
Sector in Context 3 Country Fact Sheet 4
Tourism Flows 5 Airlines 6 Hotels 7 Car
Rental 8 Travel Intermediaries 9 Tourism Board
Profile 10 Airport Profiles 11 Company Profiles -
Airlines 12 Company Profiles Hotels 13 Company
Profiles - Car Rental 14 Company Profiles -
Travel Intermediaries 15 Market Data Analysis 16
Appendix
7
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