Korea Hotel Franchise Market Size & Outlook, 2025-2033
Korea Hotel Franchise Market Insights
- As highlighted in Deep Market Insights analysis, the Korea Hotel Franchise Market, worth USD 322.3 Million in 2024, is forecasted to achieve USD 629.81 Million by 2033.
- The Korea market is anticipated to grow at a CAGR of 7.77% during the period 2025–2033.
- By 2024, Economy represented the largest share of the Hotel Type market size.
- Luxury is expected to remain the key growth driver within Hotel Type, registering the fastest CAGR during the forecast period.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Korea accounted for 0.82% of the global Hotel Franchise Market size.
- By 2033, United States is expected to lead the global Hotel Franchise Market in terms of market size.
- Within Asia Pacific, China is projected to dominate the regional Hotel Franchise Market size by 2033.
- Korea is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 632.02 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 322.3 Million |
| Market Size In 2033 | USD 629.81 Million |
| Largest segment | Economy |
| Units | Revenue in USD Million |
| CAGR | 7.77% (2025-2033) |
| Segmnetation Covered | |
| Hotel Type |
|
| Franchise Model |
|
| Distribution Channel |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Korea Hotel Franchise Market Hotel Type 2025-2033 (USD Million)
| Hotel Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Economy | XX.x | XX.x | XX.x | 173.75 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Midscale | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Luxury | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Hotel Franchise Market Franchise Model 2025-2033 (USD Million)
| Franchise Model | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Management | XX.x | XX.x | XX.x | 191.12 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Franchise | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Hotel Franchise Market Distribution Channel 2025-2033 (USD Million)
| Distribution Channel | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Direct | XX.x | XX.x | XX.x | 179.77 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Online Travel Agencies | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.