SEOUL, March 6 (Korea Bizwire) — Tourists from China spent an average of US$3,007 in South Korea last year, a survey showed Tuesday, with duty-free shops and cosmetics stores as the most popular shopping locations here. The average on-location spending by Chinese tourists during their visits to South Korea, excluding tour group fees and costs [...]
SEOUL, Feb. 28 (Korea Bizwire) – The record-setting sales at local duty-free shops last month were due heavily to private vendors, a likely sign of an abnormal and fleeting pickup in business, industry sources said Wednesday. The duty-free stores recorded sales of US$1.38 billion in January, up 42.4 percent from the same month a year [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korea’s air passenger traffic reached a new record high last year on growing travel demand, while flight delays declined due to improved schedule management, the transport ministry said Sunday. In 2017, the country’s passenger traffic on domestic and international routes stood at 109.36 million, up 5.2 percent from [...]
SEOUL, Feb. 23 (Korea Bizwire) – More South Koreans over 60 years of age are traveling abroad than before, as the number of active seniors is on the rise. Recent data from Mode Tour has revealed that the number of South Korean seniors who traveled abroad last year accounted for 18.5 percent of all outbound [...]
SEOUL, Feb. 23 (Korea Bizwire) – The number of Chinese people who visited South Korea last month declined 46 percent on-year, the eleventh straight month of decline following the diplomatic row between the two countries over the deployment of a U.S. anti-missile system here, government data showed Friday. The tally of Chinese visitors came to [...]
SEOUL, Feb. 21 (Korea Bizwire) — Overseas credit-card spending by South Koreans moved up 19.7 percent on-year in 2017 due to a rise in the number of people going overseas, the central bank said Wednesday. Last year, overseas credit-card spending amounted to US$17.11 billion, compared with $14.3 billion in 2016, according to the Bank of [...]
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 [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korean tourism officials are poised to introduce more Muslim-friendly places following criticism over the lack of halal restaurants in the country. The Korea Tourism Organization (KTO) will launch Halal Restaurant Week again on a bigger scale between August and October this year, with a total of 250 halal [...]
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 [...]
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 [...]