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2026 Seoul Hospitality Market Report

07/07/2026
Driven by the global rise of K-Culture, inbound visitor arrivals to Korea reached an all-time high in 2025. Seoul's hotel market continued to thrive amid constrained supply, with both occupancy and RevPAR surpassing pre-pandemic levels. Most hotels that have recently changed hands continue to operate as hotels, pointing to a recovery in investor sentiment. This report provides a comprehensive analysis of Seoul's hotel market, encompassing tourism demand trends, key operating performance metrics, supply pipeline, and investment activity.

Contacts

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Suki Kim

Associate Director, Head of Research
Seoul, Korea, Republic of


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Jin So
Jin So

Research Manager
Seoul, Korea, Republic of


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