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THAAD Spat Thwarts Duty-frees’ Plans to Expand

THAAD Spat Thwarts Duty-frees’ Plans to Expand

SEOUL, Mar. 12 (Korea Bizwire) — South Korean duty-free operators are holding back from expanding their businesses on grim prospects that the intensifying trade spat between South Korea and China over the U.S. anti-missile system will further weigh down sales, industry sources said Sunday. HDC Shilla Co., a latecomer in the local duty-free industry, may [...]

China Bans Trip Sales to S. Korea

China Bans Trip Sales to S. Korea

SHANGHAI/SEOUL, March 2 (Korea Bizwire) – China has instructed travel agencies in the country to stop selling trips to South Korea, sources said Thursday, in what is seen as another retaliatory move against Seoul’s decision to deploy an advanced U.S. anti-missile defense system.  According to industry sources in China, the China National Tourism Administration (CNTA) [...]

Misbehaving Few Cast Chinese Tourists in a Bad Light

Misbehaving Few Cast Chinese Tourists in a Bad Light

SEOUL, Feb. 17 (Korea Bizwire) – Chinese tourists have become an indispensable asset for domestic tourism, accounting for roughly 60 percent of all individual travelers to Korea, and over half of all customers at local duty-free stores.  But as is the case for all popular tourist destinations, misbehaviors and an apparent lack of respect for [...]

Growth Rate of Japanese Tourists Visiting S. Korea Rebounds in 2016

Growth Rate of Japanese Tourists Visiting S. Korea Rebounds in 2016

TOKYO, Feb. 13 (Korea Bizwire) – The number of Japanese tourists visiting South Korea increased 23.4 percent from a year earlier to 2.30 million in 2016 amid improved relations between the two neighboring countries, marking a reversal from declines for three consecutive years, data showed Monday.  According to the Tokyo office of the state-run Korea [...]

Chinese Tourists to S. Korea Significantly Decrease During Holiday

Chinese Tourists to S. Korea Significantly Decrease During Holiday

SEOUL, Feb. 1 (Korea Bizwire) – The number of Chinese tourists arriving in South Korea during the long Lunar New Year holiday significantly decreased compared to last year, local travel agencies said Wednesday.  The number of Chinese visitors opting for South Korea as a tourist destination during the holiday season from Jan. 27 to Feb. [...]

Growth Rate of Chinese Tourists in S. Korea Rebounds After 5 Months

Growth Rate of Chinese Tourists in S. Korea Rebounds After 5 Months

SEOUL, Jan. 24 (Korea Bizwire) – The growth rate of Chinese tourists arriving in South Korea rebounded in December after falls for five months, data showed Tuesday, despite diplomatic tensions between the two neighbors over Seoul’s plan to deploy an advanced U.S. missile defense system.  The data compiled by the Korea Tourism Organization showed that [...]