Northeast Asia Travel Market Data Sheet 2021-2025
- Published:
- December 2022
- Research Type:
- Market Data Sheet
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail
- Regions:
- Asia Pacific
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SubscribeSummary
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 data sheet provides quick and easy access to updated Northeast Asia travel market (featuring Hong Kong, Macau, South Korea, Taiwan) sizing data and projections from 2019-2025, including online and total markets, segments and major distribution channels. Much of the data included here, along with expanded analysis, is also featured in Phocuswright’s Northeast Asia Travel Market Report 2021-2025.
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What is Open Access
An Open Access subscription provides company-wide access to the whole library of Phocuswright’s travel research and data visualization.