Skip to main content

[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 support, SMEs can capitalize on what makes them special:

  • Hyper-Personalization: Tailored services for specific tourist needs.

  • Local Expertise: Unique experiences based on local culture and products

  • Local Partnership: Collaboration with local businesses for authentic offerings.

  • Customer Relationship Management: Building loyalty through direct and personalized communication.

  • Flexibility & Agility: Quick adaptation to market trends and tourist preferences.

  • Others: Focus on niche markets, sustainability, and digital engagement.


🌐 Online B2B Platforms: A Game-Changer

A centralized online B2B platform is proposed to:

  • Connect local businesses for collaborative package creation.

  • Digitize tourism products with support for images, videos, descriptions, and translations.

  • Simplify global distribution through platform-integrated registration on OTAs.

  • Monitor business performance with dashboards and management tools.

  • Facilitate smart contracts with clear transaction guidelines.


What are some successful cases of using online B2B platforms in tourism? And how can central and local governments play a key role in ensuring these platforms thrive?

Want to learn more?
Visit the official Yanolja Research website for in-depth analysis, case studies, and expert insights.

Comments

Popular posts from this blog

📢Yanolja Research Giveaway🎉

📢Yanolja Research Giveaway🎉 We are Yanolja Research , Korea’s first private research institute dedicated to travel and tourism studies. We publish Insights (monthly) and the Quarterly Trends in Korea’s Lodging Industry , along with occasional Briefs and Research Reports . By following Yanolja Research on social media, you will be among the first to receive notice of new publications, as well as updates when summary posts or video features based on our reports are released. 📅 Event Period September 12, 2025 (Fri) – October 12, 2025 (Sun) KST 🏆 Winner Announcement Late October (winners will be notified individually) 📌 How to Join 1. Follow Yanolja Research across our social media channels  (Instagram, Facebook, LinkedIn, Threads, X, YouTube, Blogger). – The more channels you follow, the greater your chances of winning. 2. Post your quiz answer in the comments of the event post on each platform. 3. Complete the Google Form with the platforms you follow, your account ID, and the...

[Yanolja Research Brief] Vol.5 Korea's Inbound and Outbound Tourism Performance in 2024

Korea’s Tourism Landscape in 2024: Key Highlights 2024 marked a dynamic year for Korea’s tourism industry, with both inbound and outbound travel showing strong signs of recovery. Explore the main trends shaping the sector and discover why now is a pivotal moment for Korea’s travel market. Inbound Tourism: Visitor Numbers Surge, Revenue Lags Visitor Recovery Nears Pre-Pandemic Levels Over 16.3 million foreign tourists visited Korea in 2024, reaching 93.5% of the 2019 record and rising 48.4% from the previous year. Asian travelers made up nearly 79% of all visitors, though full recovery from this region remains just out of reach. Diverse Growth Across Regions Arrivals from the Americas, Europe, Africa, and Oceania exceeded 2019 levels, while the Middle East saw a minor dip. Tourism Revenue Stagnates Despite the influx of visitors, tourism income reached only $16.45 billion-just 80% of the 2019 figure. Visitors are Flooding into Korea—But Where’s the Money? Outbound Travel: Koreans Travel...

[Yanolja Research Q2 2025 Quarterly Trends in the Korea Lodging Industry] Luxury Hotels Down, Motels on the Rise?

Luxury Slips, Budget Stays Bounce Back According to Yanolja Research’s Q2 2025 Korea Lodging Industry Report, the domestic lodging market demonstrated a pronounced polarization. While the luxury segment recorded sharp declines , budget-friendly accommodations maintained resilience and even expanded their presence . So, what’s behind this contrast? Let’s take a closer look. Sharp Declines in Luxury Hotels and Resorts The luxury sector experienced significant contraction. In Q2 2025, five-star hotels reported a 23% decline in RevPAR (Revenue per Available Room) compared with Q2 2024, while resorts recorded a 19% drop. This downturn reflects two key dynamics: prolonged economic stagnation that has weakened consumer sentiment, and the resurgence of outbound travel , which has redirected demand away from domestic luxury accommodations. In other words, consumers who had previously spent on high-end domestic stays have shifted their spending overseas. Value Strikes Back: Motels and Pensions ...