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S. Korea Posts Record High Tourism Deficit in 2017 on China Setback

S. Korea Posts Record High Tourism Deficit in 2017 on China Setback

SEOUL, Feb. 21 (Korea Bizwire) — South Korea’s trade deficit in the tourism sector hit a new record high last year, data showed Wednesday, due largely to a drop in Chinese visitors and a growing number of South Koreans traveling abroad. The country’s tourism-related earnings came to US$13.32 billion in 2017, down 22.5 percent from [...]

Incheon International Airport Cited for Most Delays Among Major Hubs: Report

Incheon International Airport Cited for Most Delays Among Major Hubs: Report

SEOUL, Feb. 19 (Korea Bizwire) –South Korea’s main international gateway, Incheon International Airport, has been cited for having the worst on-time performance among major hub airports, a report showed Monday. According to the report by Flightstats Inc., a global flight information service provider, the airport located west of Seoul ranked 44th in terms of departure [...]

Incheon Airport’s 2nd Terminal Eases Processing Lines

Incheon Airport’s 2nd Terminal Eases Processing Lines

SEOUL, Feb. 19 (Korea Bizwire) — Incheon International Airport’s newly opened second terminal is helping facilitate passenger processing at South Korea’s main international gateway, the facility’s operator said Sunday. Since opening to the public Jan. 18, the passenger terminal that is used by Korean Air Lines Co. and planes of the SkyTeam Airline Alliance handled [...]

Thousands of Tourists to Stay at Airbnb during PyeongChang Olympics

Thousands of Tourists to Stay at Airbnb during PyeongChang Olympics

SEOUL, Feb. 6 (Korea Bizwire) — Airbnb Inc. said Tuesday over 9,000 tourists will visit PyeongChang and adjacent cities where the 2018 Winter Olympics will be held via the global room-sharing platform, with the international sports event set to kick off later this week. The number of travelers who made reservations in Gangwon Province, including [...]

Asiana to Focus on Long-haul Routes for Profitability

Asiana to Focus on Long-haul Routes for Profitability

SEOUL, Feb. 6 (Korea Bizwire) — Asiana Airlines Inc. will transform itself into a passenger carrier that mainly provides service on long-haul routes to better boost profitability, the company’s president said Tuesday. For the past three decades, the country’s second-biggest full-service carrier by sales has focused on short and medium-haul routes mainly heading to Asian [...]