Travel and Leisure Market in South Korea 2014-2018 - New Market Research Report

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.

Full Report Details at
- http://www.fastmr.com/prod/872312_travel_and_leisure_market_in_south_korea_20142018.aspx?afid=301

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?

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