WEMAKEPRICE "Gangwon-do Pen-cation is the Trend This Summer"
Summer Vacation Trends Announced... Domestic Accommodation Bookings in July-August Up 97% Year-on-Year
[Asia Economy Reporter Kim Cheol-hyun] Wemakeprice announced on the 28th that domestic accommodation reservations in July and August increased by 97% compared to last year. The most popular accommodation type and travel destination were 'pension' and 'Gangwon-do,' respectively.
Looking at Wemakeprice's reservation share by accommodation type, pensions accounted for 41.3% of total bookings. Hotels followed with 36.8%, making the combined share of pension and hotel reservations reach 80%. Wemakeprice explained that 'Pencance (pension + vacation),' where people spend their holidays in detached, pool villa-type pensions with low contact possibilities with others, and 'Hocance (hotel + vacation),' where people relax in premium hotel rooms, are the current trends.
Gangwon-do has rapidly emerged as a travel destination. 26.1% of reservations were made for accommodations in Gangwon-do. Compared to last year, customers booking accommodations in Gangwon-do increased by 108%. The high accessibility and the image of a 'clean area' are analyzed as factors for its popularity. Jeju-do ranked second (19.9%), followed by Gyeonggi-do in third place (12.5%).
There have also been changes in travel schedules. Long-term reservations of three nights or more increased by 615% compared to the previous year. In particular, reservations for seven nights or more surged by up to 1000%. Compared to the same period, one-night and two-night stays increased by 66% and 144%, respectively, showing a significant growth trend. This seems to be linked to the substitution demand for overseas travel, with long-term stays such as 'living for a week' or 'living for a month' gaining popularity.
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Reflecting this trend, Wemakeprice Tour will hold a 'Hocance Special Exhibition' on the 29th and 30th, offering popular domestic accommodation products at special prices. Lee Hong-seok, Wemakeprice Tour manager, said, "This summer, traveling to domestic destinations with good accessibility and staying there privately for a long time is popular," adding, "As interest in domestic travel has increased, we plan to continuously introduce various products that allow safe travel."
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