Interview with Marriott Executive on South Korea's Potential as a Tourist Powerhouse
Creatrip Team
a year ago
In an interview, Nam Gi-deok, regional head of Marriott International for Korea, Vietnam, and the Philippines, emphasized the need for developing tourism infrastructure in South Korea targeted at local citizens to attract more foreign tourists. He noted significant growth in the hospitality sector in Korea, with the average transaction price per customer at hotels increasing by 50% over the past 5 years, influenced by changing perceptions of hotels as places of relaxation. Nam highlighted the potential for luxury hotels in Korea and stressed the importance of government efforts in enhancing local tourism facilities. Marriott is experiencing growth in the Asia-Pacific region, with increases in hotel room rates and luxury hotel demand.