Research

Seoul Hotel Market Dynamics Q1 2025

Summary and analysis of Seoul's current hotel real estate market conditions.

June 06, 2025
Contributors:
  • Minjoon Kim
  • Despite political unrest, international visitation nears 2019 record.

  • Limited new supply in 2025 and some conversions. 

  • RevPAR continues to show growth at a moderate pace. 

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