Travel and Leisure Market in South Korea 2014-2018

Published: Aug 2014 Pages: 52 SKU: IRTNTR3994

About Travel and Leisure
Travel has always been a favorite recreational activity for people worldwide over the past few years. With the decreasing leisure time and increasing costs, consumers are more conscious about their travel choices; they expect value for every dollar spent. This has resulted in extensive information search on where to go, when to go, and how to go. The new-age traveler has harnessed IT to know about the best destinations and world-class services. In 2013, the number of international visitors to South Korea increased by more than that of global and regional averages. A nation that is better known for its manufacturing prowess is set to up its ante in the Tourism sector.
TechNavio's analysts forecast the Travel and Leisure market in South Korea to grow at a CAGR of 13.4 percent over the period 2013-2018.

Covered in this Report
The Travel and Leisure market in South Korea can be segmented into two: Package Tours and Free Individual Tours. Package tours are those tours where a tour operator makes group bookings for the travel and accommodation of customers. In Free individual tours, travel and accommodation are booked for individual customers either by a tour operator or the tourist.
TechNavio's report, the Travel and Leisure Market in South Korea 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Travel and Leisure market in South Korea and its growth prospects in the coming years. The report includes a discussion of the key travel agents operating in this market.

Key Vendors
• Hana Tour
• Interpark INT
• Modetour

Other Prominent Vendors
 • Hanjin Travel
• Online Tour
• Redcap Tour
• Sejoong Tour
• Tour 2000
• YB Tour

Market Driver
• Duty-free Shops
• For a full, detailed list, view our report

Market Challenge
• Political Uncertainty
• For a full, detailed list, view our report

Market Trend
• Foreign Direct Investment (FDI) in Leisure and Tourism
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.2.1 Size of the Travel and Leisure Market
06.2.2 Inbound Tourist Arrivals
06.2.3 Outbound Tourist Departures
06.2.4 Korean Tour Industry
06.2.5 Duty Free Shops
06.2.6 Hospitality Industry
06.2.7 Casino Gaming
06.2.8 Marine Tourism
06.3 Five Forces Analysis
07. Buying Criteria
08. Segmentation by Type of Visitor
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
15.1 Competitive Scenario
15.2 Other Prominent Vendors
16. Key Vendor Analysis
16.1 Hana Tour
16.1.1 Business Overview
16.1.2 Service Segmentation
16.1.3 Key Facts
16.1.4 SWOT Analysis
16.2 Interpark INT
16.2.1 Business Overview
16.2.2 Service Segmentation
16.2.3 Key Facts
16.2.4 SWOT Analysis
16.3 Modetour Network
16.3.1 Key Facts
16.3.2 Business Overview
16.3.3 Business Segmentation
16.3.4 Business Strategy
16.3.5 Recent Developments
16.3.6 SWOT Analysis
17. Other Reports in this Series

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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