Tourism and travel market revenue growth South Korea 2018-2027

Published by Statista Research Department, Jul 19, 2023
In 2022, the revenue of the travel and tourism market in South Korea grew by nearly 49 percent compared to the previous year. While the market contracted by over 52 percent in 2020 due to the beginning of the coronavirus (COVID-19) pandemic, subsequent years have shown high positive growth. This is estimated to continue until 2024, after which positive growth will slow down again.

Revenue growth of the travel and tourism market in South Korea from 2018 to 2022 with forecasts up to 2027

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Supplementary notes

The travel and tourism market includes package holidays, hotel stays, private vacation rentals, camping, and cruises. This covers vacations and other leisure trips, but excludes business trips and other forms of trips such as excursions.

The source did not provide a date of publication. The date used here is the date of last update.

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Statistics on " Outbound travel in South Korea "

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Overview

6

Traveler demographics

5

Destinations

6

Financial information

5

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Topics

Accommodation in South KoreaTourism industry in South Korea Air transportation in South KoreaReal estate in South KoreaMedical tourism in South Korea
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