KSIC 55—Accommodation
Division · Korean Standard Industrial Classification (Rev. 11 (2024))
Where 55 sits
- I Accommodation and food service activities
- 55 Accommodation
Contains 2 narrower codes
Description
This refers to industrial activities that primarily provide various types of accommodation facilities, campsites, and camping facilities on a short-term basis (typically contracted based on the number of days of use) to the general public or specific members. It includes cases where accommodation facilities are operated that are combined with food service facilities (providing food), and cases where a separate business entity that does not engage in railway transportation operates only sleeper cars. Cases where most rooms are provided for short periods while some rooms are provided to specific customers for a relatively long period are also classified as accommodation businesses. It includes the supply of temporary or long-term lodging, such as boarding houses, dormitories, and boarding houses, provided in the form of private rooms, group rooms, or dormitories in accommodation facilities that do not possess independent residential forms. Additionally, accommodation facilities related to travel and leisure activities, such as campsites and campgrounds, are included.
Cross-references for 55
- Cases where accommodation facilities are provided while the operation of educational programs is the focus are classified as P Educational Service Business.
- Cases where accommodation facilities are operated concurrently with the primary operation of various recreation, entertainment, and leisure facilities are classified as applicable recreation, entertainment, and leisure industrial activities.