In 2022, the revenue of the hotel industry in South Korea grew by 48 percent compared to the previous year. While the market contracted by almost 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 hotel industry in South Korea from 2018 to 2022 with forecasts up to 2027
Other statistics that may interest you Hotels in Norway
Overview
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- Premium Statistic Number of hotels and similar accommodation in Norway 2019, by county
- Premium Statistic Hotels and similar accommodation in Norwegian cities 2021
- Premium Statistic Production value of hotels and similar accommodation in Norway 2018, by city
- Premium Statistic Monthly hotel room prices in Norway 2019
- Premium Statistic Monthly hotel room prices in Norway 2019, by county
- Premium Statistic Employee number of hotels and similar accommodation in Norway 2018, by city
- Premium Statistic Leading hotel companies in Norway 2018, by number of rooms
- Premium Statistic Most popular holiday accommodation among the population in Norway 2020
Financials
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- Premium Statistic Revenue of hotels in Norway 2009-2019
- Premium Statistic Monthly revenue of hotels in Norway 2019
- Premium Statistic Revenue per available room of hotels in Norway 2009-2019
- Premium Statistic Monthly revenue per available room of hotels in Norway 2019
- Premium Statistic Revenue of hotels in Norway 2019, by county
- Premium Statistic Revenue per available room of hotels in Norway 2019, by county
- Premium Statistic Turnover of hotels and similar accommodation in Norway 2018, by city
- Premium Statistic Monthly RevPAR of hotels in selected cities in Norway 2017-2018
Facilities and occupancy
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- Premium Statistic Number of beds in hotels and similar accommodation in Norway 2009-2019
- Premium Statistic Number of rooms in hotels and similar accommodation in Norway 2019, by county
- Premium Statistic Number of beds in hotels and similar accommodation in Norway 2019, by county
- Premium Statistic Monthly capacity utilization of hotel rooms in Norway 2019
- Premium Statistic Monthly capacity utilization of hotel beds in Norway 2019
- Premium Statistic Monthly capacity utilization of hotel rooms in Norway 2019, by county
- Premium Statistic Monthly capacity utilization of hotel beds in Norway 2019, by county
Hotel companies
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- Premium Statistic Revenue of Nordic Choice Hotels 2010-2019
- Premium Statistic RevPAR of Nordic Choice Hotels 2010-2019
- Premium Statistic Net sales of Scandic 2013-2019
- Premium Statistic Average RevPAR of Scandic hotels 2013-2019
- Premium Statistic Operating profit of Olav Thon Group 2012-2018
- Premium Statistic Revenue per available room of Thon Hotels 2012-2019
Overnight stays
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- Premium Statistic Monthly number of guest nights in hotels in Norway 2019
- Premium Statistic Number of guest nights in hotels in Norway 2019, by county
- Premium Statistic Number of guest nights in hotels in Norway 2019, by country of residence
- Premium Statistic Number of guest nights in hotels in Norway 2008-2018, by purpose
- Premium Statistic Monthly number of guest nights in hotels in Norway 2020, by purpose
- Premium Statistic Guest nights in hotels in Norway 2022, by county and purpose
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Statista. (July 1, 2023). Revenue growth of the hotel industry in South Korea from 2018 to 2022 with forecasts up to 2027 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/forecasts/1400011/south-korea-hotel-market-revenue-growth
Statista. "Revenue growth of the hotel industry in South Korea from 2018 to 2022 with forecasts up to 2027." Chart. July 1, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/forecasts/1400011/south-korea-hotel-market-revenue-growth
Statista. (2023). Revenue growth of the hotel industry in South Korea from 2018 to 2022 with forecasts up to 2027. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/forecasts/1400011/south-korea-hotel-market-revenue-growth
Statista. "Revenue Growth of The Hotel Industry in South Korea from 2018 to 2022 with Forecasts up to 2027." Statista, Statista Inc., 1 Jul 2023, https://www.statista.com/forecasts/1400011/south-korea-hotel-market-revenue-growth
Statista, Revenue growth of the hotel industry in South Korea from 2018 to 2022 with forecasts up to 2027 Statista, https://www.statista.com/forecasts/1400011/south-korea-hotel-market-revenue-growth (last visited August 24, 2024)
Revenue growth of the hotel industry in South Korea from 2018 to 2022 with forecasts up to 2027 [Graph], Statista, July 1, 2023. [Online]. Available: https://www.statista.com/forecasts/1400011/south-korea-hotel-market-revenue-growth