Northeast Asia Travel Market Report 2021-2025
- Published:
- January 2023
- Research Type:
- Report
- Figures:
- 26
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail
- Regions:
- Asia Pacific
Summary
Northeast Asia’s travel recovery began late and remains a work in progress after protracted disruptions since spring 2020. While severe travel restrictions and the lack of Chinese visitors have been challenging for the region, the downturn is not expected to last. Looking forward, there is optimism regarding the return of Chinese visitors, and renewed air connectivity across Asia Pacific markets will help fuel inbound traffic from other markets as well. Annual growth should continue to accelerate in 2023, as travel activity returns to normal; revenue is expected to surpass 2019 levels in 2023, ahead of many other APAC markets.
This report provides a comprehensive view of the Northeast Asia travel market, with a focus on the key markets of South Korea, Taiwan, Hong Kong and Macau. Coverage includes detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.
Phocuswright’s Northeast Asia Travel Market Report 2021-2025 is available for purchase as a standalone report for $795. For a more comprehensive regional analysis, this report is also available as part of the Asia Pacific Travel Market Report 2021-2025 series. All of the following are included in the purchase of the series (available now or publishing soon):
