SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s leading travel agencies saw massive on-year losses in the third quarter this year, as the new coronavirus pandemic hampered the companies’ overseas tour businesses, data showed Wednesday. The country’s top tour agency Hana Tour Co. logged 10.07 billion won in sales in July-September, down 94.5 percent from [...]
SEOUL, Sept. 23 (Korea Bizwire) — Nearly 1,000 travel agencies in South Korea have gone out of business in the wake of the coronavirus outbreak that started to hit the country in late January, data showed Wednesday. The number of tour agencies came to 21,671 as of the end of June this year, down 938, [...]
SEOUL, Feb. 24 (Korea Bizwire) — The tourism industry continues to struggle with the ongoing coronavirus outbreak. The previous Middle East Respiratory Syndrome (MERS) crisis affected only inbound tourists, or foreigners travelling to South Korea. Even then, the tourism industry recovered after around three months. This time, however, the outbreak also affects South Koreans travelling [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hit hard by a boycott against travel to Japan, the travel industry is looking for a breakthrough with the rising popularity of customized trips where clients can choose the specifics of their travel . The number of users of “group-tailored travel service” by South Korea’s major travel agency Hana [...]
SEOUL, Nov. 11 (Korea Bizwire) — More consumers are willing to pay more to travel than pay for cheap, low-quality tour packages. In response, travel agencies are offering no-tip, no-option, and no-shopping packages. Online Tour, a South Korean travel agency, began to offer high quality tour packages that exclude tips, options, or shopping in June. [...]
SEOUL, Aug. 26 (Korea Bizwire) — The travel industry, mired in a panic due to a boycott against Japan triggered by Japanese export restrictions, is seeking a breakthrough in its products accompanying so-called social media ‘influencers’. A major tour agency Hana Tour Service Inc. recently released “DJ Narae’s Hip Party in Da Nang” as the [...]