SEOUL, Aug. 4 (Korea Bizwire) – Credit-card spending by individuals rose 11.2 percent on-year in the second quarter, as a long holiday and hot weather boosted demand for air conditioners and other consumer goods, industry data showed Friday. According to the data by the Credit Finance Association, credit-card spending by individuals stood at 150 trillion [...]
SEOUL, June 28 (Korea Bizwire) – An increasing number of South Korean tourists are staying at one hotel or resort for a longer period of time to have a more relaxing holiday. According to online retailer Interpark Tour, the number of hotel reservations made for longer than a week accounted for over 10 percent of [...]
SEOUL, May 10 (Korea Bizwire) – Hotels in central and other main districts of Seoul have seen a sharp rise in bookings made by locals for the long holiday ending early next week, as many opt to avoid the hassle of traveling abroad and instead indulge in a brief city retreat, industry sources said Saturday. [...]
SEOUL, May 5 (Korea Bizwire) – It has been a short week, with Labor Day falling on May 1, Buddha’s Birthday on May 3, and Children’s Day on May 5. But while most working adults and students enjoy time off with family or friends, thousands of South Korean young adults yet to find work are [...]
SEOUL, Nov. 14 (Korea Bizwire) – The 2016 “vacation deprivation” survey by Expedia revealed that Korea again ranks last in terms of the number of paid vacation days its employees take, for the sixth consecutive year. The survey was based on 9,424 employed adults from 28 countries. According to Expedia, Koreans only took eight days [...]
SEOUL, Sept. 13 (Korea Bizwire) – An annual mass migration started in South Korea on Tuesday as people headed for their hometowns for one of the country’s major traditional holidays. Chuseok, the equivalent to Thanksgiving in the United States, falls on Thursday this year, with the official holiday period running from Wednesday to Sunday. Along [...]
SEOUL, Sept. 5 (Korea Bizwire) – Chuseok, also referred to as Korean Thanksgiving, is one of the two major traditional holidays in Korea with the other being Lunar New Year. It is also the time for families to visit their hometowns, meet their parents and relatives, and catch up. However, it has become a stressful [...]
SEOUL, Sept. 1 (Korea Bizwire) – More South Koreans have planned overseas trips during this year’s Chuseok (harvest moon) holiday that’s extended to five days due to the following weekend, data from tour companies showed Thursday. HanaTour said departure reservations for the Sept. 13-15 holiday period were counted at 26,500 people as of Thursday, up [...]
SEOUL, Aug. 24 (Korea Bizwire) – This year’s Korean Thanksgiving Day, or Chuseok, falls on September 15, inspiring weary Koreans with a long weekend holiday to look forward to from September 14 to September 18. As one of the two major traditional holidays in Korea, with the other being Lunar New Year, the rush for bus [...]
SEOUL, Aug. 1 (Korea Bizwire) – The summer holiday season is at its peak, but not everyone has the time or money to jet off to overseas holiday destinations, let alone domestic beaches or tourist attractions. The young are feeling the pinch the most. High unemployment and stiff competition for jobs leaves little leeway for [...]