South Korea: vacation rentals industry revenue growth 2027

In 2022, the revenue of the vacation rentals market in South Korea grew by around 111 percent compared to the previous year. The market contracted by nearly 50 percent in 2020 due to the beginning of the coronavirus (COVID-19) pandemic, and once more by about six percent in the following year.

Revenue growth of the vacation rentals market in South Korea from 2018 to 2022 with forecasts up to 2027

Characteristic	Revenue growth
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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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