Yeoinsuk

A yeoinsuk, along with a yeogwan and a hotel, is the oldest types of lodging establishment within the legal framework of Korea. Unlike hotels but like yeogwans, yeoinsuks primarily cater to domestic travelers. They are generally smaller in scale than yeogwans, often have shared bathrooms, and offer lower prices.
Statutory Definition
Yeoinsuk business refers to an ‘operation that provides facilities where multiple individuals primarily share public areas and facilities for lodging, for a fee, excluding operations providing lodging for periods of one month or longer.’
Lobin Commentary

The concept of yeoinsuk was first defined in the ‘Accommodation Business Act’ enacted in 1962 and continued through the implementation of the ‘Public Health Act’ in 1986, which replaced the Accommodation Business Act. However, it ceased to be used when the ‘Public Health Control Act’ replaced the Public Health Act in 1999. Nevertheless, until May 2013, yeoinsuk was considered as a type of lodging property under the Enforcement Decree of Building Act and continues to be classified as a type of lodging business under the ‘Business Code – 10th Korean Standard Industrial Classification Linked Table’ used for business registration.

The ‘Enforcement Regulation of Public Health Act’, abolished in 1999, specified the following facility standards for yeoinsuk businesses in Appendix 1:

Guestroom

  1. The total floor area must be at least 33 square meters.
  2. If divided into individual rooms, each room must have a minimum area of 4 square meters.
  3. Entrances and windows must be equipped with locks.

Other Requirements

  1. The following facilities and equipment must be installed:
    1. Shared baths or shower facilities.
    2. Flush toilets. However, in areas without proper sewage systems, separate non-flush toilets may be installed separately for men and women away from the guestroom building.
    3. Washbasins.
  2. If a communal kitchen is provided, it must have:
    1. Partitioned from other rooms using walls or panels.
    2. Insect-proof installations on doors, windows, and other openings.
    3. A drainage system and a sewage tank outside.
    4. Facilities to remove smoke, steam, and odors.
  3. According to building regulations, adequate lighting and ventilation facilities must be installed.
  4. Lighting, moisture-proofing, insect-proofing, and drainage facilities as specified by building regulations.
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Data Source

  • GDP: GDP, Current $US (World Bank Open Data)
  • Establishments: Compendium of Tourism Statistics (UNWTO), Lodging Business Ledger (MOIS)
  • Rooms: Compendium of Tourism Statistics (UNWTO), Lodging Business Ledger (MOIS)
  • Lodging GDP: Value Added by Industry (BEA), National Accounts (Cabinet Office), GDP of Indonesia (BPS), GDP & GNI by Sector (BOK), Economic Census (KOSIS)
  • Period: 2017-2021

※ In Korea, general & residential accommodations are included while rural & urban minbaks are excluded. Comparable countries are selected based upon availability of lodging GDP statistics for all types of accommodations.

Data Source

  • Population: Population, Total (World Bank Open Data)
  • GDP: GDP, Current $US (World Bank Open Data)
  • Rooms: Compendium of Tourism Statistics (UNWTO), Lodging Business Ledger (MOIS)
  • Lodging GDP: Value Added by Industry (BEA), National Accounts (Cabinet Office), GDP of Indonesia (BPS), GDP & GNI by Sector (BOK), Economic Census (KOSIS)
  • Period: 2017-2021

※ In Korea, general & residential accommodations are included while rural & urban minbaks are excluded. Comparable countries are selected based upon availability of lodging GDP statistics for all types of accommodations.

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Data Source

  • Korea: Lodging Business Ledger (MOIS), Tourist Accommodation Ledger (MCST)
  • USA: Census Database (STR)
  • Period: As at the end of 2021

※ General & residential accommodations other than rural and urban minbaks asre included for Korea. Life cycle was calculated as of December 31, 2021 or actual closure date. If there exists a discrepancy between data sources for an establishment, the discrepancy was settled through an algorithm before use.

Data Source

  • Korea: Lodging Business Ledger (MOIS), Tourist Accommodation Ledger (MCST), Economic Census (KOSIS), Hotel Operating Statistics (KHA), DART (FSS), Trends Report (STR)
  • USA: Compendium of Tourism Statistics (UNWTO), Census Database (STR), Trends Report (STR)
  • Period: 2005-2021

※ General & residential accommodations other than rural and urban minbaks asre included for Korea. Visibility was calculated as the number of establishments for which revenue data is available divided by the total number of establishments. If there exists a discrepancy between data sources for an establishment, the discrepancy was settled through an algorithm before use.

Data Source

  • Guests(Korea): Domestic Traveler Survey (MCST), International Traveler Survey (MCST), Hotel Operating Statistics (KHA)
  • Rooms(Korea): Lodging Business Ledger (MOIS), Tourist Accommodation Ledger (MCST)
  • Guests(USA): Compendium of Tourism Statistics (UNWTO), Trends Report (STR)
  • Rooms(USA): Compendium of Tourism Statistics (UNWTO), Census Database (STR)
  • Period: 2005-2020

※ General & residential accommodations other than rural and urban minbaks asre included for Korea. If there exists a discrepancy between data sources for an establishment, the discrepancy was settled through an algorithm before use.