[Yanolja Research Insights] Vol.12 Online B2B platform for digital transformation of Korean tourism SMEs
Korea’s tourism sector holds immense potential—but many small and medium-sized enterprises (SMEs) face significant hurdles in embracing digital transformation. As global travel becomes increasingly tech-driven, empowering local tourism businesses through digital tools is no longer optional—it's essential. Here’s a quick look at the key insights driving this shift, and how a smarter, more connected tourism ecosystem can fuel sustainable growth. 📉 The Challenge: Tourism SMEs Falling Behind Despite Korea’s global economic status, its tourism industry lags behind: GDP Contribution : Only 2.8% , compared to the global average of 10.3% . Low productivity and digital maturity among SMEs—88% have fewer than 10 employees, and 92% make under 500 million KRW annually. Limited digital presence : Many SMEs still rely on basic websites, with little integration into online sales, marketing, or reservation systems. 💡 Core Strengths of Local Tourism SMEs With the right digital suppo...