SUWON, May 2 (Korea Bizwire) — Following the inter-Korea summit in Panmunjom, the demand for coffee at “Café Annyeong” in nearby Imjingak went through the roof with 700 to 800 cups of coffee now being sold daily, almost twice the amount from before the summit. This is according to an official at the Gyeonggi Tourism [...]
SEOUL, Apr. 23 (Korea Bizwire) — The number of foreigners who visited South Korea rose 10.7 percent on-year in March, ending 12 straight months of decline, data showed Monday, as the government pushes to diversify the country’s tourist portfolio in the face of a plunge in the number of Chinese visitors. The total number of [...]
SEOUL, Mar. 21 (Korea Bizwire) — South Korea is beefing up efforts to attract foreign tourists in line with the upcoming flowering season, the country’s tourism promotion agency said Wednesday. The Korea Tourism Organization (KTO) said it has developed various programs targeting foreign visitors during April and May, and has been actively promoting them at [...]
Fort Lauderdale, Florida, Mar. 8 (Korea Bizwire) — The Islands Of The Bahamas are heating up this spring with seasonal deals, hotel updates and festivals worth traveling for. In a major development, the CDC reported there have been no new cases of Zika in the past 12 months, thus removing The Bahamas from the list [...]
Nassau, Bahamas, Mar. 8 (Korea Bizwire) — Two of the world’s leading health organizations have recently declared that The Islands Of The Bahamas do not pose a known risk to travelers of contracting the Zika virus. No new cases of Zika have been identified in the country within the past 12 months. On February 2, [...]
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. 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 [...]
BEIJING, Feb. 2 (Korea Bizwire) – The top economic policymakers of South Korea and China agreed to boost bilateral tourism and economic cooperation, Seoul’s finance ministry said Friday, in a sign that Beijing may stop its retaliation against South Korean companies over the stationing of a U.S. missile system. The agreement came after talks between [...]
SEOUL, Dec. 3 (Korea Bizwire) — China’s economic retaliation against South Korea is estimated to have led to some 7.5 trillion won (US$6.8 billion) in losses for the country’s tourism industry, data showed Sunday. According to the data compiled by the National Assembly’s Budget Office, South Korea’s tourism and accommodation industries suffered a sharp decrease [...]
HONG KONG, CHINA, Nov. 22 (Korea Bizwire) – With total outbound spending of US$24.2 billion in 2016, Hong Kong ranked World’s 10th / Asia 3rd largest market (UNWTO Tourism Barometer Jun 17), but No.1 among these 10 largest markets by per capita spending of US$3285! Outbound to many Asian destinations continue growing! For examples, in [...]