Luxury Travel Takes Off as Korean Tour Firms Bet on Premium Packages

SEOUL, June 3 (Korea Bizwire) — Faced with a decline in group tour bookings, South Korea’s travel industry is doubling down on ultra-premium travel packages—some costing tens of millions of won—in a bid to attract high-end travelers and shore up profitability. Major agencies such as Lotte Tour Development, Hana Tour, and Modetour are expanding their [...]