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Struggling Travel Agencies Scramble for Financing

Struggling Travel Agencies Scramble for Financing

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 [...]

Reeling from Japan Boycott, Travel Industry Turns to Custom Trips

Reeling from Japan Boycott, Travel Industry Turns to Custom Trips

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 [...]

Travel Agencies Offer Premium Packages That Exclude Options, Shopping, and Tips

Travel Agencies Offer Premium Packages That Exclude Options, Shopping, and Tips

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. [...]

‘Influencer’ Travel Packages a Hot Commodity

‘Influencer’ Travel Packages a Hot Commodity

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 [...]