KOREA - a 2014 snapshot, and business scenarios for 2015 and beyond

Every year, the hotel experts and analysts at Horwath HTL worldwide produce a series of mini-country reports exclusively for The Hotel Yearbook. Each report focuses on just two things: first, a quick snapshot of the country’s current economic and hotel market situation, and second, the outlook for the year ahead, highlighting specific events that are anticipated to have an impact on the health of the country’s hotel business.

Asia Pacific Korea, Republic of

Steve Baek joined the Horwath HTL Singapore office in 2005 as a Senior Consultant. He has worked for many hotel and resort development projects in major gate cities in China, Thailand, South Korea and other Southeast Asian countries, focusing on market and financial feasibility studies, hotel valuations and strategic planning.

At Horwath HTL, our focus is one hundred percent on hotel, tourism and leisure consulting. Our services cover every aspect of hotel real estate, tourism and leisure development. Our clients choose us because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each project we help is different, so we need all of the experience we have gained over our 100-year history.

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