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Consumption Expenditures on Tourism and Leisure Hit Hard by COVID-19

Consumption Expenditures on Tourism and Leisure Hit Hard by COVID-19

SEOUL, April 26 (Korea Bizwire) — Consumption expenditures in South Korea’s tourism and leisure sector decreased by more than 20 percent last year due to the coronavirus pandemic, a state-funded think tank said Monday. In particular, foreigners’ spending in the domestic tourism and leisure sector plunged by nearly 80 percent and the travel industry was [...]